University Place Homes under $500,000

Welcome to University Place, a vibrant and inviting community located in the heart of the Pacific Northwest. Nestled just south of Tacoma, Washington, this charming suburb is known for its picturesque landscapes, friendly neighborhoods, and a strong sense of community. University Place offers a perfect blend of suburban tranquility and urban convenience, making it an ideal place for families, professionals, and retirees alike.

One of the standout features of University Place is its diverse selection of homes, many of which are available for under $500,000. Whether you're a first-time homebuyer or looking to downsize, this area boasts a variety of options that cater to different lifestyles and budgets. From cozy single-family homes with lush yards to modern townhouses featuring contemporary designs, you're sure to find a property that feels just right for you.

University Place is also renowned for its excellent schools, making it a popular choice for families with children. The local education system is highly regarded, with several top-rated schools serving the area. Additionally, residents can enjoy a wealth of recreational opportunities, including beautiful parks, scenic trails, and access to the stunning Puget Sound.

With its friendly atmosphere, affordable housing options, and convenient access to urban amenities, University Place is more than just a place to live—it's a place to thrive. Explore the possibilities this wonderful community has to offer, and discover your dream home today!

Newest University Place Homes under $500,000

$434,500

4 Beds ⋅ 3 Baths ⋅ 21418506 MLS

Welcome to 3106 University, where thoughtful design, everyday comfort, and a price to love come together. Beautiful luxury vinyl plank flooring throughout, fresh paint, brand-new stainless steel appliances, and beautifully redesigned bathrooms & Kitchen create a warm, inviting feel. Updated plumbing and a serviced HVAC system add practical value. And to help make this home yours, enjoy a $3,500 lender credit toward closing costs with our preferred lender. Picture holiday meals in your updated kitchen, cozy evenings with your favorite people—PLUS a freshly resurfaced pool for summer holidays, backyard gatherings, and weekends worth staying home for. Love the furniture? We can discuss that, too. Your holiday décor would look good here. Come fall in love and pick up your keys to this beauty for the holidays. Lender credit subject to buyer approval.

3106 University Dr, Rowlett

$419,000

3 Beds ⋅ 3 Baths ⋅ 21396950 MLS

Seller Relocating for a new Position - Sellers are Motivated - Beautifully Updated Home Near Lake Ray Hubbard! Welcome to this beautifully landscaped home situated on a desirable corner lot, where extensive updates and inviting spaces come together to create a move-in-ready opportunity. Recent improvements include fresh interior and exterior paint, including the kitchen cabinets, plantation shutters and blinds, granite countertops with a stylish tile backsplash, luxury vinyl plank flooring, updated light fixtures and ceiling fans, and new kitchen and bath faucets. Additional upgrades include updated door and cabinet hardware, charming shiplap detailing in the sunroom, and a brand-new deck extending from the back porch—perfect for relaxing or entertaining. Outside, enjoy a beautifully landscaped yard complete with a sprinkler system for easy maintenance. Conveniently located near Lake Ray Hubbard with easy access to the 190 Tollway, I-30, Highway 66, shopping, dining, and everyday conveniences. With so many updates already completed, this home is ready for its next owner—don't miss the opportunity to make it yours!

2501 Radcliffe Dr, Rowlett

$305,000

3 Beds ⋅ 2 Baths ⋅ 21349028 MLS

Welcome to 3108 Varsity Dr! Located in Chapel Hill ISD, this charming 3-bedroom, 2-bath home features an open living area with abundant natural light and a beautiful brick gas fireplace. Recent upgrades include a new roof (2024), new water heater (2024), updated hall bath fixtures, fresh interior paint throughout, and improved drainage grading along the back patio. The primary suite offers a luxurious soaking tub, separate shower, and double walk-in closets. Enjoy outdoor living on the covered patio within a fully fenced backyard with a sprinkler system. Refrigerator, washer, and dryer convey with the home!

3108 Varsity Dr, Tyler

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Data last updated on 06/28/2017.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than owner of this page are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

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University Place Homes under $500,000

Newest University Place Homes under $500,000

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