University Park

Everyone needs a few historical anecdotes to share during their next happy hour or dinner party, depending on your scene. Here are a few facts about University Park, a city named quite literally for its beginnings as a small residential cluster of teacher and staff homes surrounding the small Southern Methodist University.

The school provided nearby residents with utility services from its founding in 1915 to 1924, when the neighborhood population outgrew what utilities the school could provide. After failed attempts at annexation by Highland Park and Dallas, University Park became its own city in 1924, noted for its consistently high land values, adjacent employment at the university, and later shared excellent schools with its equally affluent neighboring city.

But for a suburb named Texas’ wealthiest and best-educated city earlier this year, the city didn’t have its own municipal library until the year 2002 when decorated Dallas Public Library director and college professor Sharon Perry Martin was first hired. Up until then, UP residents paid to use the Highland Park or Dallas libraries. Now of course residents flock to the municipal library located at Preston Center Plaza, but it’s one of those interesting things that happen in a city’s journey to becoming who they are today. And today, University Park is a vibrant part of the shining Park Cities, where you can find this week’s selection of Suburb Sunday homes.  (more…)

A recent Realtor.com report found that the 75205 zip code (which is Park Cities, including parts of University Park and Highland Park) is the most expensive zip code in the entire state of Texas. With a median list price of $1,623,790, some of the most expensive homes on the market right now are in this zip code. But that doesn’t mean you can’t get into this zip code for under a million. It’s true! These three picks for CandysDirt.com Open Houses of the Week prove there’s still room in the market for the million and under homeowner.

Townhouse Living That Feels Like Town & Country

Open house: Sunday, March 10, 2 p.m. to 4 p.m.

This is a warm and rich-feeling two bedroom, two-and-half bath townhome at 3418 McFarlin Blvd., Apt C. (P.S., Apt D is also on the market) is located just a block from SMU and walking distance from Snider Plaza. It’s listed for $539,900 by Kelli Macatee with Allie Beth Allman and Associates. This 2003-built condo has spacious rooms, hardwood floors, great storage space, and a private fenced patio large enough for pets. Plus, a two-car attached garage with additional storage, which makes this an attractive property for downsizers.

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