University Terrace in Dallas TX | Local Real Estate Guide
Welcome to University Terrace, a historic gem located in northeast Dallas, mere moments from the scenic beauty of White Rock Lake. Characterized by a diverse blend of Ranch, Traditional, Mid Century Modern, and Contemporary architecture dating back to 1968, this neighborhood preserves its rich history while embracing modern transformations. With 415 homes hosting a community of approximately 960 residents, University Terrace fosters a strong sense of belonging, with 90% of residents proudly owning their homes. Boasting spacious lots, convenient transportation links, and proximity to shopping, parks, and entertainment, University Terrace epitomizes the perfect fusion of community and contemporary living.
University Terrace At A Glance
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Listing information last updated on 20th February, 2024 16:00 MST.
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University Terrace Real Estate & Homes For Sale
Learn about University Terrace real estate market trends and find homes for sale. Search for new homes, open houses, recently sold homes and reduced price real estate in University Terrace.
University Terrace Real Estate Statistics & Trends
The median sales price is the middle price of all the real estate sales prices in University Terrace. The median sales price is the price at which half of the properties sold for more and half sold for less. See how the median sales price in University Terrace is trending the last 3 years and how it trends with the average 30 year fixed mortgage interest rate by month.
Is University Terrace in a buyer's market or a seller's market?
Living In University Terrace
Welcome to the charming neighborhood of University Terrace, nestled in the heart of northeast Dallas, just a stone's throw away from White Rock Lake. This vibrant community boasts a mix of Ranch, Traditional, Mid Century Modern, and Contemporary architectural styles, creating a unique mix of housing options. The homes, with an average age dating back to 1968, showcase the neighborhood's rich history.
While some residences have undergone transformations in the 80s, 90s, and 2000s, many original homes have been remodeled and updated, preserving the character of University Terrace. The community is defined by its boundaries: Northwest Hwy to the North, SoPac Trail to the West, Middlebury Dr to the South, and Syracuse Dr to the East, all within the 75214 zip code.
With a population of around 960 residents residing in 415 homes, University Terrace maintains a strong sense of community, with approximately 90% of the residents being homeowners. The majority of homes feature 3 bedrooms and 2 baths, with an average square footage of 1,610 sq ft. The larger 4-5 bedroom homes, mostly two stories, boast an average square footage of around 3,400 sq ft. The generously-sized lots, just under .25 acres, range from .18 to .20 acres, providing a spacious and comfortable living environment.
The neighborhood is not only aesthetically pleasing but also offers a plethora of recreational and entertainment options. Residents can enjoy dog walks, jogs, and leisurely strolls through the well-maintained streets. The proximity to DART White Rock station facilitates convenient transportation, while major routes like Northwest Hwy and Abrams Rd make commuting a breeze.
For those seeking retail therapy, University Terrace is surrounded by an array of shopping destinations, including Central Market, Whole Foods, Kroger, Super Target, and the Timber Creek Shopping Center. Recreation enthusiasts will appreciate the nearby Ridgewood Park/Belcher Rec Center, White Rock Lake, SoPac Trail, Dallas Arboretum, and Flag Pole Hill.
When it comes to entertainment, University Terrace is in close proximity to Top Golf and the vibrant Lower Greenville Ave, known for its eclectic mix of bars and restaurants. This dynamic neighborhood truly offers a perfect blend of history, community, and modern amenities.
Public Schools in University Terrace
The school district for University Terrace is Dallas ISD.
Grades: 9th - 12th
School data is provided by Great Schools. School service boundaries are used for reference only. To verify enrollment availability for a home contact the school directly.
Homes for Sale in Neighborhoods Near University Terrace
University Terrace Frequently Asked Questions
- How much do homes sell for in University Terrace?
- The median sales price for University Terrace for the most current month is $500,000.
- Is the real estate market in University Terrace a buyer's market or seller's market?
- Although the bidding wars of the past couple of years have subsided University Terrace is currently in a seller's market.
- How much did the most expensive University Terrace home sell for?
- The most expensive University Terrace home in Dallas TX sold 12/1/2023 for $1,675,000. This home has 5 bedrooms, 6 1/2 bathrooms and has 4,273 SF.
- How many homes sold in University Terrace, Dallas this month?
There were 1 homes that sold in University Terrace this month. We keep track of the real estate statistics and trends and analyze the market every month. To stay updated on this click here.
- How fast do homes sell in University Terrace, Dallas?
- Days on market in University Terrace have risen substantially. Currently homes sell in 76 days.
- What architectural style is most prevalent in University Terrace?
- The most prevalent architectural style of home in University Terrace are Ranch, Traditional, Contemporary, and Mid Century Modern.