




$28,000
3220 Colgate Avenue, University Park, TX, 75225
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About this property
A rare opportunity for a short term lease of an exceptional luxury residence completed in 2024 by Pearl Development, available for occupancy mid-July. Thoughtfully designed with curated finishes and sophisticated craftsmanship throughout, this stunning home offers an elevated living experience in the heart of University Park. The expansive floor plan features a formal living room with gas FP, private office, two wet bars, and a gracious dining room all flooded with natural light from floor-to-ceiling windows. A butler’s pantry and generous walk-in pantry seamlessly connect the dining space to the chef’s kitchen, where a large center island, Sub-Zero and Wolf appliances, and designer lighting create a truly impressive culinary setting. The kitchen opens to the oversized family room with gas FP and beyond to a covered outdoor living area complete with motorized screens, a built-in kitchen, and ceiling heaters—perfect for entertaining and enjoying year-round indoor-outdoor living. The second floor features four private bedroom suites each with walk-in closets, including a spectacular primary retreat with vaulted ceilings, a coffee bar, spa-inspired bath, dual vanities, a soaking tub, separate shower, and two custom-designed closets. The third level is dedicated to recreation and relaxation, offering a media room, wet bar, fitness room, and a fifth bedroom ideal for guests. Designed with timeless elegance and modern convenience, the home showcases wide-plank white oak hardwood floors, a Lutron lighting system, designer fixtures, and meticulously selected finishes throughout. Every detail has been carefully considered to create a warm, refined atmosphere that feels both luxurious and inviting. Ideally situated on a 70 foot frontage lot within Boone Elementary, the property enjoys convenient access to University Park’s parks, amenities, shopping, and dining destinations. A truly exceptional turnkey lease opportunity in one of Dallas’ most coveted neighborhoods.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: University Park
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