Dallas Homes under $500,000

Welcome to Dallas, Texas – a vibrant metropolis that seamlessly blends modern sophistication with rich cultural heritage. Known for its dynamic economy, diverse population, and thriving arts scene, Dallas is a city that offers something for everyone. From the iconic skyline punctuated by the renowned Reunion Tower to the historic West End District, Dallas is a city that celebrates both its past and its future.

For homebuyers seeking affordability without compromising on quality, Dallas presents an exciting opportunity with a variety of homes available for under $500,000. This price range opens the door to charming neighborhoods like Lakewood, where tree-lined streets and proximity to White Rock Lake offer a serene suburban feel. Alternatively, consider the bustling area of Oak Cliff, known for its eclectic vibe and vibrant arts community, where you can find unique homes that reflect the city's character.

Dallas boasts a strong real estate market, making it a prime location for first-time buyers, families, and professionals looking for a place to call home. With a range of options from cozy single-family homes to modern townhouses, there’s something to fit every lifestyle and budget. Plus, the city's robust job market, excellent schools, and a wealth of recreational activities make it an ideal place to settle down.

Whether you're drawn to the culinary delights of Deep Ellum or the shopping meccas of NorthPark Center, Dallas is a city that invites you to explore, grow, and thrive. Discover your dream home in this remarkable city today and experience the best that Dallas has to offer!

Newest Dallas Homes under $500,000

$434,900

2 Beds ⋅ 3 Baths ⋅ 21424476 MLS

Welcome to 2719 Kimsey Drive, Unit 103, where contemporary style and low-maintenance living come together in a prime Dallas location. Built in 2020, this three-story condominium offers 2,029 square feet of thoughtfully designed living space with 2 bedrooms, 2 full baths, 1 half bath, and an attached 2-car garage. Step inside to discover a spacious, open living area filled with natural light, creating an inviting setting for everyday living and entertaining. The kitchen features a gas cooktop, stainless steel appliances, and generous space for preparing meals and gathering with friends. Upstairs, the private primary suite offers a relaxing retreat with dual sinks and a walk-in closet, while the secondary bedroom provides comfortable accommodations with its own walk-in closet. Additional highlights include wood flooring, decorative lighting, a tankless water heater, and energy-efficient features. Ideally situated near Dallas Love Field, the Medical District, and the dining, shopping, and entertainment of Uptown, this home offers the perfect combination of modern comfort, convenience, and city living.

2719 Kimsey Dr, Dallas

$135,000

3 Beds ⋅ 2 Baths ⋅ 21425478 MLS

INVESTOR SPECIAL! Bring your vision and your toolbelt. This home sits on a generous corner lot and is ready for its next chapter. The cozy floor plan offers a solid foundation for a full transformation, whether you're planning a flip, a rental or a long-term hold. The detached 2-car garage adds valuable storage, workshop potential or room for future expansion. With plenty of yard space and excellent corner lot visibility, the upside here is real. Needs work throughout, priced accordingly, and great opportunity to build instant equity. Cash or rehab financing encouraged. Sold as-is.

507 Elston Dr, Dallas

$224,900

1 Beds ⋅ 1 Baths ⋅ 21424037 MLS

Move-In Ready 1-Story Condo with Private Backyard! Hard-to-find, single-story 2-bedroom, 2-bath condo in the desirable Lifescape Villas on Midway! From the moment you arrive, a charming private courtyard welcomes you home. Step inside to an inviting, open-concept floor plan featuring vaulted ceilings, fresh paint, new flooring, updated light fixtures, and recessed lighting. The spacious living area offers a cozy fireplace and direct access to your private backyard patio—an ideal spot to relax, unwind, or entertain. The kitchen features updated cabinetry, quartz countertops, a breakfast bar, and ample storage. A large window provides a lovely view of the backyard, while the open layout keeps the kitchen connected to the dining and living areas. The spacious primary suite offers an updated en-suite bath. A split-bedroom arrangement provides added privacy, with a second bedroom featuring its own updated bathroom—perfect for guests, a home office, or a flexible living space. Additional features include a 1-car garage and an assigned parking space. Enjoy low-maintenance living in this quiet, well-maintained community with a sparkling pool. Conveniently located near the Dallas North Tollway and President George Bush Turnpike, with easy access to Addison's popular restaurants, shopping, and entertainment. Enjoy the comfort, convenience, and privacy of single-story living in a wonderful community!

18040 Midway Rd Unit 112, Dallas

$239,000

3 Beds ⋅ 2 Baths ⋅ 21392915 MLS

This charming 3-bedroom, 2-bathroom home features a brand-new AC unit and comes with $5,000 in seller concessions, making it an even more attractive opportunity for buyers. Enjoy a spacious backyard with plenty of room to relax, entertain, or let your four-legged friends run and play, plus a convenient storage shed for all your outdoor equipment and extras. Location is a major highlight you’re approximately 10 minutes from Downtown Dallas and just 5 minutes from the State Fair of Texas, giving you easy access to dining, entertainment, events, and everything the city has to offer. With a spacious yard, functional layout, new AC, and seller concessions, 3815 Cauthorn Dr is ready for its next owner. Come see the potential and make this Dallas home yours!

3815 Cauthorn Dr, Dallas

$274,900

4 Beds ⋅ 3 Baths ⋅ 21423645 MLS

Fully renovated single-story home where the big updates are already done: new roof, new HVAC, new plumbing, and new electrical. Step inside to an open layout where the kitchen, dining area, and living room flow together under recessed lighting, with luxury vinyl plank (LVP) flooring throughout the main living spaces. The kitchen centers on a quartz waterfall island with a cooktop, stainless vent hood, and bar seating, so you can cook while friends pull up a stool. Two-tone shaker cabinets, a full quartz backsplash, a stainless dishwasher, and brushed gold pendant lights finish the space. The dining area opens through a sliding glass door to the backyard, framed by mature trees. The primary suite sits on its own side of the home, separate from the other bedrooms, with a ceiling fan, a large walk-in closet, and an ensuite bath. The bath features a frameless glass shower with a rain showerhead, handheld sprayer, and built-in niche, plus two separate floating wood vanities with quartz tops, LED mirrors, and brushed gold fixtures. A dedicated laundry room sits just outside the suite. On the opposite side, three additional bedrooms share a hallway with a full bathroom and a half bath for guests. Everyday errands stay easy: 7 mins to Fitness Connection and EoS Fitness, 8 mins to Sam’s Club, 9 mins to Starbucks and the Shops at Redbird, 10 mins to WinCo Foods and Methodist Southwest Medical Center, and 12 mins to Costco. The garage has been converted to living space, and with an acceptable offer, the seller is open to adding a carport for covered parking. Reach out for details.

820 Havenwood Dr, Dallas

$249,990

4 Beds ⋅ 1 Baths ⋅ 21425384 MLS

Great opportunity for investors or buyers looking to make a home their own! Property is being sold AS-IS. Bring your ideas and vision to make it your next investment or dream home.

2530 Bluffton Dr, Dallas

$239,000

2 Beds ⋅ 2 Baths ⋅ 21418404 MLS

Offering a refreshed interior and a flexible layout with plenty of potential. Step inside to a spacious living area with an open, comfortable feel and updated finishes throughout. The generously sized primary bedroom provides room to create a relaxing retreat, while two full bathrooms add convenience and functionality. The kitchen and living spaces have been updated to give the home a fresh, modern look while still offering an opportunity for the next owner to add their own finishing touches. Conveniently located in an established Dallas neighborhood with easy access to major roadways, shopping, dining, and everyday conveniences. A great opportunity for an owner-occupant looking to personalize a home or an investor seeking their next property. **Property is being sold as-is. Buyer and Buyer’s Agent to verify all information, including measurements, square footage, room configuration, permits, schools, and property condition.

8325 Ebony Dr, Dallas

$165,000

1 Beds ⋅ 1 Baths ⋅ 21421317 MLS

Discover stylish urban living in the highly desirable Perry Heights neighborhood of Dallas! This beautifully updated 2nd-floor condo offers the perfect blend of contemporary finishes, architectural character, and an unbeatable Oak Lawn location. Step inside to an inviting, light-filled interior featuring luxury vinyl plank flooring throughout, expansive windows, and a striking exposed brick accent wall that adds warmth and character to the open living and dining areas. The beautifully updated kitchen impresses with stunning granite countertops, custom cabinetry with pull-out pantry storage, LG stainless steel appliances including refrigerator, and an undermount sink with contemporary pull-down faucet. The updated bathroom features a subway-tiled tub-shower surround, spacious vanity, and modern fixtures. The generously sized bedroom offers two closets, including convenient full-size washer and dryer connections, while two additional hallway closets provide exceptional storage. Major improvements include updated Trane-American Standard HVAC components (2019 and 2025) and an updated electrical breaker panel. Enjoy a coveted 2nd-floor location overlooking the beautifully landscaped community courtyard. This intimate, gated community features a swimming pool, assigned covered parking, secure guest parking, and community laundry facilities. The community roof was replaced in 2022, and HOA dues include water, sewer, trash, and common-area maintenance. Just moments from the Katy Trail, Kroger, neighborhood restaurants, shopping, nightlife, and the vibrant Oak Lawn entertainment district, with convenient access to Uptown, Downtown, the Dallas North Tollway, and Love Field. Experience the perfect combination of comfort, character, and city convenience. Schedule your private showing today!

4340 Cedar Springs Rd Unit 206, Dallas

$225,000

3 Beds ⋅ 2 Baths ⋅ 21423634 MLS

This property is one of a kind. 3 bedrom 2 bath updated with new carpets, fresh paint, new siding just installed, new roof, new tankless hot water heater and electrical panel. Tenant just signed a 12 month lease paying $1900 per month. They will move out with 30 day notice if new owner is looking to move in. Seller will show after buyer and seller agree to a price. Submit your offers using a non binding letter of intent. Seller will arrange for showing once we come to terms. Motivated seller so bring all offers.

2710 Lenway St, Dallas

$350,000

3 Beds ⋅ 2 Baths ⋅ 21423615 MLS

*** PHOTOS ARE AI RENDERINGS! REAL PHOTOS WILL BE MADE AVAILABLE IMMEDIATELY FOLLOWING THE GRAND OPENING! *** Please join me for the grand opening of 2714 Crest Ridge Dr on Sunday, November 1, from 11 AM to 2 PM! I’ll be giving away a 65 in. 4K TV to one lucky guest! Food, drinks, and local sponsors will be on site, and I’ll be there to walk you through the work that went into the rebuild. This home was completely rebuilt, and every system is brand new. That includes the plumbing, electrical, roof, HVAC, and water heater, along with warrantied foundation repair, a modernized floorplan, and all new finishes throughout. The photos currently in the listing are renderings, so this is your first chance to see the finished home in person! Agents, bring your buyers. Neighbors, stop by and see what’s been done on your street! Real photos will be posted as soon as the event wraps up. Sunday, November 1, 11 AM to 2 PM. 2714 Crest Ridge Dr, Dallas, TX.

2714 Crest Ridge Dr, Dallas

$190,000

2 Beds ⋅ 2 Baths ⋅ 21424612 MLS

Wake up to peaceful pond views from your private balcony in this spacious two-story Dallas condo with a modern layout and stylish upgrades throughout. The inviting living room centers on a cozy fireplace and opens to the balcony, which includes a convenient storage closet. The kitchen features granite countertops, ample cabinet space, a built-in microwave, dishwasher, and electric range. Two bedrooms, two full baths, and a full-size laundry closet complete the floor plan. One assigned covered parking space plus an additional uncovered space. Enjoy low-maintenance living with access to the community pool. It works equally well as a primary residence, a lock-and-leave home base, or an investment property. The location is unbeatable: minutes from Galleria Dallas, Trader Joe’s, and Addison’s dining and entertainment district, with quick access to I-635 and the Dallas North Tollway. Seller will be installing new LVP flooring downstairs throughout.

14277 Preston Rd Unit 1028, Dallas

$270,000

3 Beds ⋅ 2 Baths ⋅ 21422381 MLS

Location, location, location! One and a half story charming home with one car garage in North Dallas nestled in the heart of the sought after Gables At Royal Lane. This cute patio zero lot line home features an open concept with vaulted ceilings, great natural light, large living room with wood burning fireplace, dining room, eat in kitchen, outdoor patio and easy access to 635, the tollway and 35. Convenient to both airports (DFW and Love Field), Addison shops and night life. 3 bedrooms with two as a primary; the upstairs loft area can be great as a second primary bedroom with a nice walk in closet. Low HOA dues. Well maintained community with nice landscaping, trees and quick access to shopping and dining. The two split primary bedrooms and bathrooms are perfect for a roommate situation. Enjoy the back patio for entertaining. A small patio off the downstairs primary bedroom is a perfect place for early morning coffee and reading.. Refrigerator conveys. Buyer to verify schools, lot size, property tax, HOA fees, and room dimensions which are rounded off to the nearest foot. This home is vacant, schedule with Broker Bay for instant approval. Buyer to purchase a new survey.

10904 Gable Cir, Dallas

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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Dallas Homes under $500,000

Newest Dallas Homes under $500,000

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