University Royal Homes with Conventional New Financing

Welcome to University Royal, a charming subdivision nestled in the vibrant city of Tempe, Arizona, located within the heart of Maricopa County. This delightful community offers a perfect blend of suburban tranquility and urban convenience, making it an ideal choice for families, students, and professionals alike.

University Royal is characterized by its well-maintained homes, featuring a variety of architectural styles that cater to diverse tastes. The neighborhood boasts spacious yards, mature landscaping, and inviting curb appeal, creating a warm and welcoming atmosphere for residents. With homes that are eligible for conventional new financing, buyers can take advantage of flexible mortgage options, making it easier than ever to invest in this beautiful community.

Living in University Royal means enjoying proximity to some of Tempe's best amenities. The subdivision is just a stone's throw away from Arizona State University, making it a prime location for students and faculty. Residents also benefit from easy access to shopping, dining, and entertainment options, with popular destinations like Tempe Marketplace and Mill Avenue District nearby. For outdoor enthusiasts, the picturesque Tempe Town Lake and numerous parks provide ample opportunities for recreation and relaxation.

In University Royal, you’ll find a close-knit community where neighbors become friends and local events foster a sense of belonging. Whether you’re looking to buy your first home or seeking a peaceful retreat, University Royal offers a unique blend of comfort, convenience, and charm. Come explore this inviting neighborhood and discover your perfect place to call home!

Newest University Royal Homes with Conventional New Financing

$465,000

3 Beds ⋅ 2 Baths ⋅ 7072025 MLS ⋅ 1,385 SqFt.

RECENTLY UPDATED TEMPE HOME WITH NO HOA NEAR KIWANIS PARK! Wood-look flooring extends throughout the home, beginning in the main living area with a fireplace, accent wall & large window providing abundant natural light. The kitchen features white cabinetry, quartz countertops, gold accents, stainless steel appliances & a large center island with breakfast bar seating, plus multiple windows & an adjoining dining area with a large sliding door to the backyard. All bedrooms offer cohesive flooring, while both bathrooms have been updated with new vanities & tile flooring--one with a glass-enclosed, tiled walk-in shower & the other with a tiled tub/shower combination. The backyard is ready for enjoyment or customization with a covered patio, synthetic grass & desert landscaping, plus no direct rear neighbor with an alley behind the home. Enjoy nearby Kiwanis Park with a lake, playgrounds, tennis and basketball courts, ramadas & walking/biking paths. Short distance to Aguilar Elementary, ASU's Tempe campus, shopping, dining, recreation, US-60 & I-10.

5406 S College Avenue, Tempe

$475,000

3 Beds ⋅ 2 Baths ⋅ 7069193 MLS ⋅ 1,861 SqFt.

This beautiful home features several upgrades including - a comp shingle roof (2017), dual-pane vinyl windows/slider, wood-look porcelain plank flooring, family room mini-split (2021), new block wall (2025), energy-efficient smart thermostat, and insulated garage door. Smart drip irrigation controllers were installed in 2025 that adjust to live weather data for huge water savings. The expandable chip-mulched native desert garden lowers water/maintenance costs, reduces property temperatures for low power bills and summer comfort, and supports local pollinators! The yard boasts raised beds with nutrient-rich soil cultivated with a local organic farm for year-round homegrown produce (even in summer!). Walking distance to 125-acre Kiwanis Park (fishing lake, dog park, rec center & more)! Below are the benefits of having wood chips vs grass. 1) Lower water use and maintenance. 2) Cooler temperatures for surrounding property and the home (lower electricity usage, especially once the trees and other perennials fully mature in size). 3) The chip mulch keeps soil microbes alive which helps plants thrive and provide ground cover and shade. 4) Low cost to maintain because chips are completely free through ChipDrop. 5) Lots of room to put whatever plants the buyers desire and the soil will be in amazing shape. 6) Benefits local pollinators and wildlife such as bees, hummingbirds, finches, dragonflies, ladybugs and other insects that visit the yard due to the plants that the sellers have cultivated there. 7) The garden soil was provided by a very reputable organic farm local to the area (called AZ Worm Farm). If the buyers choose to plant vegetables or simply harvest the ones already in the backyard, they will find that it's the best produce you can find in the city. The sellers have not had any pest issues aside from the unavoidable aphids (but other plants in the backyard help combat their presence by providing their predators with habitat). 8) If the buyers aren't interested in cultivating garden veggies, they could remove all the annual crops growing in the beds and simply plant low maintenance perennials or easy to grow flowers. The drip system requires low maintenance once you pick your schedule in the control panel. The Hydrawise Smart Wi-Fi Irrigation Control Panel uses Predictive Watering to adjust your landscape's irrigation based on highly accurate local weather data. The seller worked with the City of Tempe to set everything up which was done in accordance with Tempe's urban forestry initiative. The Family Room was installed in 2005 by one of the previous owners. The building permit is on file with the City of Tempe.

407 E Julie Drive, Tempe

$469,000

3 Beds ⋅ 2 Baths ⋅ 7063660 MLS ⋅ 1,562 SqFt.

Pride of ownership shines throughout this well-maintained slump block home featuring 3 bedrooms, 2 bathrooms, and a spacious bonus room--perfect as a 4th bedroom, home office, or game room. Recent updates include a newer roof, A/C, stainless steel kitchen appliances, and refreshed front yard landscaping. Enjoy the freedom of NO HOA while being just minutes from Kiwanis Park, offering fishing, sports courts, playgrounds, and endless recreational amenities. Conveniently located near Ken McDonald Golf Course, popular restaurants, shopping, freeway access, and highly rated Tempe schools. A fantastic opportunity in one of Tempe's most desirable locations!

336 E Cornell Drive, Tempe

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