University Park Luxury Real Estate
Refined living, top-ranked schools, and walkable charm in the heart of Dallas
University Park is one of Dallas’ most prestigious addresses, offering luxury buyers a rare combination of architectural elegance, strong community ties, and proximity to SMU and Highland Park Village. Known for its tree-lined streets, upscale shopping, and highly rated Highland Park ISD schools, University Park attracts discerning buyers who want both sophistication and convenience.
The Story Behind University Park
University Park was developed in the early 1900s around Southern Methodist University (SMU), which remains a centerpiece of the community. Over the decades, the area grew into a thriving, family-friendly enclave defined by its classic architecture and enduring appeal.
Today, University Park retains its historic charm while continuing to evolve with modern luxury homes and custom builds, creating a seamless blend of old and new.
Notable Luxury Neighborhoods in University Park
Though University Park is a relatively compact city, it includes some of the most desirable residential streets and neighborhoods in Dallas.
- Park Cities area east of Hillcrest – Larger lots, proximity to SMU, and historic estates
- West of Preston Road – Custom new builds and transitional luxury homes
- Turtle Creek corridor – High-value estates near greenbelts and parks
- University Park north of Lovers Lane – Mix of traditional homes and newer construction in family-focused blocks
Luxury Real Estate in University Park
Luxury homes in University Park feature a mix of historic architecture and modern design. Many of the area’s older homes have been meticulously renovated, while new construction delivers transitional and contemporary options.
Price range: $1.8M to $15M+
Styles: Georgian, Tudor, French-inspired, Mediterranean, Transitional
Lot sizes: 0.15 to 0.5 acres (larger lots near SMU and Turtle Creek)
Key features: Outdoor living spaces, gourmet kitchens, wine rooms, custom libraries, and pools designed for entertaining
Notable: University Park homes consistently hold long-term value, with high demand from families relocating for Highland Park ISD schools.
Why Luxury Buyers Choose University Park
University Park draws luxury buyers who want to balance city living with a strong neighborhood community.
- Schools: Zoned to Highland Park ISD, one of the top districts in Texas
- Community: Family-focused, with block parties, sports leagues, and long-term ownership
- Walkability: Easy access to parks, shops, and cafes
- Location: Minutes to Downtown, Uptown, and North Dallas business corridors
- Prestige: Part of the Park Cities, among the most exclusive areas in North Texas
Dining, Shopping & Local Favorites
University Park residents enjoy immediate access to both local favorites and world-class destinations.
Restaurants:
- Javier’s Gourmet Mexicano (nearby in Uptown)
- Hopdoddy Burger Bar
- Sevy’s Grill
- R+D Kitchen
- Honor Bar
Shopping & Entertainment:
- Highland Park Village – Chanel, Hermès, Dior, Ralph Lauren, and more
- Snider Plaza – A neighborhood shopping center with boutiques and dining
- Meadows Museum at SMU – Renowned Spanish art collection
- Moody Coliseum – Home to SMU basketball and national performances
Schools Serving University Park
University Park is zoned exclusively to Highland Park ISD, which serves both Highland Park and University Park. The district is consistently ranked among the top in Texas and is a major draw for luxury buyers.
Highland Park ISD Overview:
- Enrollment: ~7,000 students
- Schools serving University Park include Hyer, University Park, and Armstrong Elementary, Highland Park Middle School, McCulloch Intermediate, and Highland Park High School
- Known for top-tier academics, athletics, and community support
Private Schools Nearby:
- The Hockaday School
- St. Mark’s School of Texas
- Ursuline Academy of Dallas
- Jesuit College Preparatory School
- Episcopal School of Dallas
University Park Luxury Market Snapshot – Q3 2025
- Median luxury home price: $2.95M
- Average price per square foot: $730
- Homes above $5M: ~18 currently active
- Notable trend: Demand remains exceptionally strong for both renovated historic homes and transitional new builds, with limited inventory driving competitive conditions.
Work With Susan Georgeson – University Park Luxury Real Estate Agent
Buying or selling in University Park requires more than just market knowledge — it takes experience, strategy, and the right connections. With nearly 20 years of Dallas real estate expertise, Susan Georgeson provides clients with clear guidance, strong negotiation, and results-driven representation. From classic homes near SMU to transitional builds west of Preston Road, Susan is a trusted partner in University Park’s competitive luxury market.
MEET SUSAN GEORGESON
Whether relocating to the area, buying a secondary property, or planning an in-town change of address, Susan Georgeson is the top choice for real estate buyers and sellers who seek high quality representation and optimal results.
Those that choose to work with Susan Georgeson benefit from her deep skill sets, local expertise, global industry connections, and the vast resources of Compass.

