SMU - Homes & Condos for Sale
Search SMU condos, homes, and townhomes for sale in Dallas, TX. To change how the search is displayed, click the gray button next to "Sort Listings By." Using the gray button below, you can sort homes by prices or days on market. For information about SMU properties for sale in Dallas, Texas, or to schedule a showing, click "Request a Showing" when viewing any listing on near SMU.
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NTREIS data last updated January 22, 2020.
More about Condos & Townhomes near SMU
KnoxRE.com is updated every 15 minutes by a direct feed from the local Dallas-Fort Worth MLS which will give a visitor desired information for real estate near SMU like property images; days on market; subdivision information; feeder school information; HOA dues; frequency of the HOA dues; estimated county taxes and more.
If you see a property displayed, it means the home is still available for purchase. Our site only displays currently active SMU homes for sale. If a listing goes under contract, it is removed from the listing display for ease of use and navigation for visitors. To view more homes for sale near SMU, see the alphabetical list of subdivisions in the area below. Click on any of the listed subdivisions below to visit that neighborhood's page. If you would like to view all Dallas real estate listings, click on the link at the top of the page.
SMU Condos Dallas Texas
SMU (Southern Methodist University) is located in the heart of University Park, Texas. Home to a little over 10,000 students, 700+ faculty members, and the George W. Bush Presidential Center, SMU offers eight degree-granting schools. The area around SMU is a popular area for housing consisting of condos, townhomes, and homes for enrolled students of the university. Typical home prices for families wanting to purchase private homes for students run around the average of $500,000.
The homes for sale near SMU in Dallas TX offer options for prices as high as $3,000,000 to as low as $200,000 for condos located near SMU. The more expensive homes and condos near SMU will be in the University Park area of the campus in the 75205 zip code. The area of SMU area homes and condos is typically defined as south of Lovers Lane, north of Mockingbird Lane (any homes south of Mockingbird are luxury homes which generally price more than families with students would want to spend), east of High School Avenue and west of Greenville Avenue.
Single detached homes near SMU will also price the highest in the area. If parents are purchasing a home for a son or daughter attending the university, we suggest looking at the two bedrooms to three bedroom condos near the campus. If you purchase a condo near SMU for a daughter or son, the condo units with additional bedrooms will be more beneficial because as the owner, your son or daughter will be able to find roommates to share the cost of living and it will lower your mortgage payments on the property. In addition, it is also easier to lease real estate around SMU with multiple bedrooms if you choose to keep your property as an investment for the future. The condos around the Southern Methodist University campus generally come in one to three bedrooms and price between $250,000 to $800,000.
Some of the most popular SMU condo buildings and developments include but are not limited to Campus Vista Condos, Remington SMU Condos, The Shelby Residences, Hillcrest Condos, and Franklin Towers Condos.
There several newly announced real estate projects happening around the SMU campus. PSW Homes has announced their intentions to build a new home community near SMU while tearing down a two-block group of aging duplexes near Anita Street and Ellsworth Avenue in Dallas.
The building site will be 7 total acres near North Central Expressway and Mockingbird Lane's DART rail station. PSW plans to construct 68 new homes on the site near SMU. The new project has been named - 5300 Glencoe Park by PSW Homes.
In a separate project, The Shelby Apartments located at 5609 SMU Blvd in Dallas, Texas, is being converted from rental apartments to condos for purchase. The 55 unit building was opened in 2008 near SMU & Central Expressway. The project will feature ground floor retail and is owned by Marquis Group.
Another recent real estate project near SMU's campus involves the Holiday Inn on Central Expressway which has been a staple of local hotels near the campus over the years. For years the hotel was branded as Radisson Hotel and had recently changed to Holiday Inn under the ownership of TriGate Capital of Denver. Recent plans for the hotel are to convert the property into a luxury hotel with the Magnolia brand.
SMU also offers their own training and education in the real estate field with the Robert & Margaret Folsom Institute for Real Estate at the Cox School of Business. Recently, the Real Estate Institute at SMU named a new Director in Joseph Cahoon. Cahoon comes to SMU from the University of Texas McCombs School of Business.
If you are interested in learning more about homes for sale near SMU in Dallas TX, contact one of our SMU Realtors at 972-342-0000 or on the email contact form at the bottom of this page. We look forward to assisting you with homes and SMU condos for sale.