The Challenges of Buying a Home in University Park in 2023
Introduction University Park, known for its prestigious reputation and prime location in the Dallas-Fort Worth area, continues to be a...
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UNIVERSITY PARK REAL ESTATE
If moving to University Park, with about 23,500 residents, you can bank on quality living in the city that is home to Southern Methodist University and the George W. Bush Presidential Center. University Park earned its name by being located next to Southern Methodist University, and many of the original homes were built for professors and staff. Homeowners once paid the university for water and sewer lines, but as more homes were built, the school could no longer support them. University Park and its 3.7 square miles became its own city in 1924 after Dallas refused to incorporate it.
University Park is routinely listed as one of most desirable cities in the Dallas/Fort Worth area. Every two years, D Magazine publishes a "Best Suburbs" issue. University Park finished #1 in 2002, 2004, 2008 and 2014. Since the 1940s, the population and area of University Park have remained relatively stable at 23,000 residents and 3.8 square miles.
University Park is bordered on the north, east and west by Dallas and on the south by the town of Highland Park. University Park and Highland Park together comprise the Park Cities, an enclave of Dallas.
The city’s unique character, high property values, and low property tax rate - one of the lowest in DFW - have been steadily maintained.
University Park's businesses, churches, and schools are some of the City's greatest assets.
University Park Population
University Park had population of around 24,000 residents in 2019.
University Park real estate and property prices (2019)
University Park has earned a reputation for having some of the most expensive property prices in the Dallas area.
Average market price of a home: $1,850,20
Median market price of a home: $1,727,500
Average price per sq. ft: $393
Number of homes sold per year: 300
University Park Schools & Highland Park ISD
University Park is served by the Highland Park Independent School District (HPISD). As such, it is served by the HPISD's McCulloch Intermediate School and Highland Park Middle School (which share a campus located partially in Highland Park and partially in University Park), and Highland Park High School located in University Park. There are two HPISD elementary schools located in University Park (Hyer and University Park), and two HPISD elementary schools located in neighboring Highland Park (Armstrong and Bradfield).
In state testing, HPISD students consistently rank among the highest in the state, with 97% of the graduating class typically continuing on to college.
University Park Businesses
Snider Plaza opened in 1927 and remains a thriving retail shopping center in the heart of University Park. Located at the corner of Hillcrest and Lovers Lane, its shops and restaurants receive high accolades from citizens and visitors alike. Preston Center, located at the corner of Preston Road and Northwest Highway, boasts upscale boutiques and fine dining establishments. There are also many wonderful shops and eateries located along Preston Road near Lovers Lane, on Lovers Lane near the Tollway and by SMU on Mockingbird.
University Park Churches
Located throughout the City, the seven religious institutions within University Park are some of the most beautiful and well attended in the nation. Highland Park United Methodist Church and Highland Park Presbyterian Church were the homes of the largest congregations in the nation in the 1980's and maintain some of the most well-attended services for their faiths.
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Highland Park Presbyterian Church
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Highland Park United Methodist Church
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University Park United Methodist Church
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Park Cities Baptist Church
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Christ Lutheran Church
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Preston Road Church of Christ
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First Unitarian Church
University Park Parks
1. Caruth Park Located at 7801 Hillcrest Ave, Caruth Park is a favorite among families in University Park. This park features a large playground with equipment suitable for children of all ages, a scenic pond, and a walking trail. The park also has a pavilion and picnic tables, making it a perfect spot for birthday parties or family gatherings. For sports enthusiasts, there are tennis courts and a multipurpose field.
2. Curtis Park Curtis Park, situated at 3501 Lovers Lane, is another gem in University Park. It's well-known for its beautifully landscaped areas and peaceful environment. The park offers a walking/jogging path, a playground, and several tennis courts. It's a great place for a leisurely stroll or a morning jog.
3. Goar Park Goar Park, located at 3806 University Blvd, is a centrally located park that's often bustling with activity. It features a large open space ideal for picnics and outdoor games. The park is also home to several community events throughout the year, making it a hub of social activity in University Park.
4. Germany Park For those looking for more athletic pursuits, Germany Park at 6401 Lomo Alto Dr is the place to be. This park is known for its top-notch track and field facilities, including a full-size track, a football field, and a soccer field. It's a popular spot for local schools and sports teams to practice and compete.
5. Williams Park Williams Park, located at 3800 University Blvd, is a smaller, more intimate park. It offers a playground, picnic tables, and a basketball court. It's a great spot for a quick escape from the hustle and bustle of daily life.
6. Holmes Aquatic Center While not a park in the traditional sense, the Holmes Aquatic Center is a major attraction in University Park. Located within Curtis Park, this facility includes a pool, a splash pad, and a water slide, making it a summer favorite for families.
7. Burleson Park At 3000 University Blvd, Burleson Park is known for its sports facilities, including a softball field, a basketball court, and a multipurpose field. It also has a playground and picnic areas, making it a versatile space for both sports and leisure activities.
8. Elena's Children's Park This park, a tribute to a young resident of University Park, is a special place for reflection and peace. It's beautifully landscaped and features a charming playground, making it a poignant and meaningful spot in the community.
University Park Map
University Park Real Estate News
University Park Real Estate & University Park Relocation FAQs
Each home sale and purchase in University Park, Texas is unique: Some homes sell without incident, some buyers search for ages for a property that fits their family. Real estate transactions can be complicated for both first-time buyers and seasoned investors. If you are relocating to University Park, Texas, partnering with a top University Park Realtor like Nitin is the key to a smooth experience. With sophisticated negotiation skills and professional discretion, Nitin will expertly guide you through the sale or purchase of your luxury home in University Park dynamic real estate markets if you are relocating to University Park.
Q:I’m relocating to University Park, Texas. How can Nitin help me with this transition?
Nitin specializes in University Park relocation services such as University Park neighborhood comparisons, school district information and cost-of-living market analyses. He’ll also help clients relocating to University Park – from any part of the world – hire an agent to sell their current home. He is an expert on luxury living in the Dallas metro with leads on recreational and entertainment options in various neighborhoods, as well as professional services, including medical and legal providers. You can rely on Nitin to handle your transition and make it as stress-free as possible.
Q: Is there any difference between a University Park "relocation specialist" and any other realtor in University Park?
The "seasoned professionals" or University Park relocation specialists are few and far between. To help you better find someone look for the following, and ask these questions:
1) What is their background? What kind of real estate designations and training do they have?
2) Do they have 5 star reviews on public websites such as Zillow.com and Google.com? What do their clients say about them?
3) What specifics do they know about the University Park market? Do they have the ability to run reports on the fly about University Park and the Highland Park School District?
4) Do they provide tools like Dallas Neighborhood Finder?
5) Do they understand home construction tools and techniques if you are looking for a new construction home?
6) What continuing education have they completed beyond the required yearly classes?
7) Is their website custom built, specific to University Park area, or a cookie cutter version from their broker? Do they provide University Park Relocation Resources on their website?
8) When are they available? How do they communicate?
If you ask question #'s 5 & 6, you will quickly identify those agents in the top 3% of the business who will be able to help you most effectively
Q: I’m an international buyer relocating to University Park– can Nitin help me find and purchase a new home or investment property in University Park?
Nitin is a University Park relocation specialist. Nitin assists his clients with the intricacies of an international move or purchase, acting as their single point of contact for all stages of the sale. He’ll stay in constant communication with you to understand your unique needs in a luxury home in University Park area, provide school and neighborhood profiles, organize necessary bank and government documents, offer move-in support and coordinate with other area professionals as needed to ensure a world-class experience.
Q:I’m considering selling my University Park home – can Nitin help me find out what it’s worth?
As a real estate professional with extensive experience in the various Dallas metro areas including University Park, Nitin is uniquely positioned to assess the value of luxury homes in this region. He’ll provide reliable market analysis to help clients determine their home’s worth in the current real estate market.
Q:I’m thinking of putting my University Park home on the market and searching for a new home – is it a good time to buy or sell?
With access to numerous industry resources, Nitin has a keen perspective on area trends – housing, employment, business, population growth, retail landscape in University Park, Texas – and will share his assessment of the market with clients as they consider their next real estate move.
Q:With so many homes on the market, what can Nitin do to make my University Park listing stand out among numerous University Park homes for sale?
Nitin has engineered a dominant marketing presence, appearing in internet search, social media, print and direct mail channels to promote the properties. Nitin has a proven marketing strategy to market homes in University Park. He has technical expertise to leverage the latest digital marketing technologies to market your home for sale in University Park. He invests considerable time and money to ensure prospective buyers notice your listing and see it in person. Nitin also will help you stage your home to take it from average to inviting, encouraging offers from qualified shoppers. Nitin understands that impeccable staging and aggressive marketing contribute to quicker, larger offers and satisfied clients on both sides of the sale.
Q:I am relocating to University Park and I found my dream home in University Park, but it’s not for sale. Can Nitin help me make an offer anyway?
Occasionally, a buyer will find and fall in love with the home of their dreams – when it’s not for sale. As a skilled and sensitive negotiator, Nitin is prepared to approach owners of off-market properties to help you make an irresistible offer.
Q:Do you have an information packet on University Park relocation that you can send me?
In today’s busy world, we want information now, and we especially understand that when you are making a move. We are University Park relocation specialists. We have a great online University Park Relocation Guide that provides information and resources about your target destination in Dallas metro area including University Park. Simply complete the form to request a guide and we will send you a link to access it. If you would prefer to receive a hard copy of the guide, please let us know. You can also get started by completing our University Park Relocation Survey
Q:My University Park house hunting trip is one week. Will that be enough time? How many days should I spend actually looking for a house in University Park?
Probably not. One week should be fine to get an ideas about homes in University Park and the city. It usually takes a few weeks to find a home and negotiate a deal. The inspection could be a couple of days extra to set up. Then you should add a fe days just in case something unexpected happens. If you do some research ahead of time, a couple of weeks should be enough.
Q:If I happen to see a house in University Park that interests me on the Internet, would you be able to get me more information via email?
Definitely. I can email you listings with full details. I can even send you additional information above and beyond what is available to you on the Internet because of my access to great tools. There is a reason that we are University Park relocation specialists!
Q:Can you recommend a good moving company in my area for my move to University Park?
As part of our services for individuals relocating to University Park, we will be happy to recommend national companies who offer a full range of services. We’re happy to provide a list of options for your consideration.
Q:Can you help me arrange for household services in University Park?
We can help you apply for a mortgage, arrange for insurance, purchase a home warranty, or make home repairs for your University Park home. Many of our clients greatly value the convenience of “one-stop shopping” for home-related services.
Q:What is the common real estate contract closing time for a home purchase in University Park?
It is generally 30 days in Texas but it can be negotiated between buyer and the seller
Q:I am not ready to buy in University Park. Can you help me find a rental property in University Park?
Yes. Many families relocating to University Park want to take time finding the right home when they move to University Park, or are unable to buy a home in University Park until they sell a home in their previous location. We offer services and advice to help you find rental property. We will help you learn about the area and keep an eye out for properties meeting your criteria
Q:I work in Human Resources for a company that is relocating employees to Dallas, Texas. Can you help me with relocating multiple employees?
Absolutely. If you’ve never managed a group move before, our Dallas Relocation Services is a great place to start to help your employees relocating to University Park. We can help you develop a policy, present information to your employees, provide tours of University Park, sell their current homes, purchase new homes or find rental properties in University Park and much more. Leverage the services of University Park relocation specialists to make your company relocation easier for your employees!
Nitin is the top Realtor and luxury real estate resource in University Park, Texas. Call or text his directly at (469) 269-6541 to get answers to your real estate questions and find the perfect University Park home.
University Park Texas Real Estate Market Information.
Find all the University Park, Texas home and real estate information you're looking for on REALTOR® Nitin Gupta's Texas real estate website, www.nitinguptadfw.com. At www.nitinguptadfw.com, you can search all University Park homes for sale, view University Park open houses, find real estate information, view all details of homes in University Park, follow news and information on the University Park real estate market, communicate with a University Park real estate agent, search homes and real estate and more!
We have built www.nitinguptadfw.com to be the premier tool to help you find all University Park home and real estate information, easily search homes for sale, and cater to all your real estate needs. Please let us know any way we can help you buy or sell your home, or assist in any of your University Park real estate needs.
Houses for Sale University Park.
Get access to University Park real estate listings, including the MLS, University Park REALTORS, new homes and foreclosures in University Park. Our free real estate services feature all University Park and Texas cities and suburbs. Find University Park school district information, including elementary, middle and high school test scores, student faculty ratios and other statistics.
We also have information on University Park mortgage brokers, University Park insurance, University Park movers, University Park self storage, University Park commercial properties, and other realty services for anyone looking to sell a home in University Park , buy a home in University Park , or rent a home in University Park . Get access to University Park real estate listings, including the MLS, University Park REALTORS, new homes and foreclosures in University Park .
Our free real estate services feature all University Park and Texas cities and suburbs. Find University Park school district information, including elementary, middle and high school test scores, student faculty ratios and other statistics. We also have information on University Park mortgage brokers, University Park insurance, University Park movers, University Park self storage, University Park commercial properties, and other realty services for anyone looking to sell a home in University Park , buy a home in University Park , or rent a home in University Park .
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