University Place Condos for Sale

Welcome to University Place, a vibrant and inviting subdivision nestled in the heart of Dallas, Texas. This charming community offers a perfect blend of urban convenience and suburban tranquility, making it an ideal destination for families, professionals, and retirees alike. With its proximity to major universities, cultural hotspots, and lush green parks, University Place embodies a lifestyle that celebrates both education and leisure.

As you explore the condos for sale in University Place, you’ll discover a variety of modern living spaces designed to cater to diverse tastes and preferences. These condos boast contemporary architecture, spacious layouts, and upscale finishes that create an inviting atmosphere for residents. Many units feature stunning views of the Dallas skyline, private balconies, and access to community amenities such as swimming pools, fitness centers, and beautifully landscaped courtyards.

Living in University Place means you are just minutes away from some of Dallas's finest dining, shopping, and entertainment options. Enjoy a leisurely stroll through nearby parks, or immerse yourself in the rich cultural scene that Dallas has to offer. With excellent schools and a strong sense of community, University Place is not just a place to live; it’s a place to thrive.

Whether you're looking to invest in your first home or seeking a luxurious retreat in the city, the condos for sale in University Place present an exceptional opportunity to live in one of Dallas's most sought-after neighborhoods. Don't miss your chance to make this vibrant community your new home!

Newest University Place Condos for Sale

$3,000,000

12 Beds ⋅ 12 Baths ⋅ 21260036 MLS

Located in the highly desirable Oak Lawn corridor, this rare 12-unit multifamily asset at 4002 Prescott Ave offers a compelling blend of historic character and long-term investment stability.? Originally constructed in 1929, the property retains its timeless appeal with original hardwood flooring, vintage cabinetry, and classic countertops, providing a unique charm that is increasingly difficult to replicate in today’s market.? Situated on approximately a quarter-acre lot, the property benefits from an exceptional location just minutes from Highland Park and the vibrant Lemmon Avenue corridor.? Tenants enjoy immediate access to a wide array of restaurants, grocery stores, retail, and everyday conveniences, making this a consistently desirable rental location.? The asset consists of twelve residential units plus an additional apartment above the carport, offering supplemental income potential.? Ownership has maintained the property with key capital improvements, including updated plumbing, electrical systems, and roof, reducing near-term deferred maintenance concerns.? Currently averaging approximately $1,200 per unit in monthly rent, the property presents a strong in-place income stream with additional upside through operational efficiencies and potential rent growth.? The current owner has personally managed the property since 1996 and occupies one of the units, reflecting long-term stewardship and pride of ownership.? Offered as-is, this is a rare opportunity to acquire a well-located, character-rich multifamily asset in one of Dallas’ most sought-after rental submarkets.?

4002 Prescott Ave, Dallas

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed.