




$4,800,000
NAL Estimated Property Value4020 Colgate Avenue, University Park, TX, 75225
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About this property
This traditional University Park home has a versatile floorplan with five bedrooms, six full baths, formal living areas, study and a game room. Designed for entertaining and family living, this inviting home with classic architecture exudes charm and flexibility suitable for any family’s needs. Built by John Young with outstanding workmanship, highlights include handsome hardwood floors throughout, beautiful millwork, large bedrooms, and expansive living spaces. What a wonderful opportunity to own a well maintained one owner home on a great sized lot. With an easy walk to the new Hyer Elementary school and conveniently located to shopping and dining, this lovely home on a coveted street has it all.
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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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