5338 University Boulevard presents an exceptional opportunity in the heart of Greenway Parks, one of Dallas's most admired and architecturally significant neighborhoods. Set on an 85 x 177 lot, this property offers multiple paths for the next owner-renovate and reimagine the existing 4 bed-3.1 bath 2,978-square-foot home on a slab foundation, or start fresh and build a custom residence designed for today's lifestyle. The existing home needs significant updating, but offers meaningful scale, a pool, and a premier setting for someone with remodeling experience and vision. For those looking to build, the .345-acre lot provides a rare canvas in a neighborhood known for its timeless character, mature trees, greenbelts, and strong sense of community. Greenway Parks offers a truly special lifestyle in the heart of Dallas, with tree-lined streets, winding walking paths, and neighborhood green spaces woven throughout the community. Just minutes from Highland Park Village, Inwood Village, Uptown, and some of Dallas's best dining and shopping, this location combines privacy, charm, and convenience. Whether remodeled, expanded, or rebuilt, 5338 University Boulevard is a rare chance to create something exceptional in one of Dallas's most prestigious and beloved neighborhoods.