Market Overview for University Terrace

There are 0 active listings in University Terrace.

About University Terrace

University Terrace is a residential neighborhood located in Georgetown, Texas, within Williamson County and the 78626 zip code. The neighborhood sits near the Southwestern University campus on the east side of Georgetown, bounded by University Avenue and East University Avenue. Downtown Georgetown's historic square is approximately 1 mile west, and I-35 is roughly 2 miles west, placing the neighborhood within close reach of both local amenities and regional highway access.

Homes in University Terrace are primarily single-family residences built from the 1950s through the 1970s, with some newer infill construction. Prices generally range from $250,000 to $450,000, with floor plans of 1,000 to 2,000 square feet on lots of 5,000 to 10,000 square feet. Architectural styles include mid-century ranch homes, bungalows, and updated cottages. The neighborhood's proximity to Southwestern University gives it an established, tree-lined character with mature pecan and live oak canopy throughout.

University Terrace is served by Georgetown Independent School District. Students in the area typically attend Purl Elementary School, Tippit Middle School, and Georgetown High School. Purl Elementary serves grades pre-K through 5. Tippit Middle School enrolls students in grades 6 through 8. Georgetown High School serves grades 9 through 12 with approximately 2,000 students and offers AP courses, dual-credit programs, and career and technical education pathways. Georgetown ISD has earned consistent state accountability ratings across its campuses.

Commuters from University Terrace reach downtown Austin in approximately 30 to 40 minutes via I-35 south, a distance of roughly 30 miles. Within Georgetown, downtown shops, restaurants, and services along the historic square are a 5-minute drive or a 15-minute walk. The Wolf Ranch Town Center on I-35 provides additional retail, dining, and grocery options about 3 miles west. Georgetown's municipal airport is approximately 4 miles northwest.

Living in University Terrace

University Terrace has an established residential character shaped by its proximity to Southwestern University. Streets in the neighborhood feature mature trees, sidewalks along some blocks, and a mix of original mid-century homes alongside updated properties. The neighborhood attracts a cross-section of residents including university staff, long-term residents, and buyers seeking older homes close to downtown Georgetown. Property tax rates under Williamson County and Georgetown ISD combined run approximately $1.95 per $100 of assessed valuation.

Southwestern University's Alma Thomas Fine Arts Center and its campus trails are within walking distance. San Gabriel Park, roughly 1 mile northwest, spans 178 acres along the San Gabriel River with playgrounds, sports fields, a disc golf course, and the Georgetown Trail system. Downtown Georgetown's square, about 1 mile west, hosts locally owned restaurants, antique shops, and the Georgetown Palace Theatre. The Blue Hole Park swimming area on the South San Gabriel River is approximately 2 miles northwest. H-E-B Plus on Williams Drive is about 3 miles west, and Wolf Ranch Town Center near I-35 provides Target, Ross, and chain dining within a 5-minute drive.