Dallas Homes under $500,000

Welcome to Dallas, Texas—a vibrant city where southern charm meets urban sophistication. Known for its rich history, diverse culture, and booming economy, Dallas is a place where opportunities abound. With its iconic skyline, world-class dining, and a plethora of entertainment options, this city is not just a place to live; it's a lifestyle.

One of the most attractive features of Dallas is its real estate market, particularly for those seeking homes under $500,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, Dallas offers a variety of options that cater to all needs and tastes. From charming bungalows in historic neighborhoods like Bishop Arts District to modern townhomes in the bustling Uptown area, you’ll find a home that resonates with your personal style.

The neighborhoods in Dallas are as diverse as its residents. Experience the vibrant arts scene in Deep Ellum, enjoy the family-friendly parks in Lakewood, or indulge in the culinary delights of the Design District. Plus, with excellent schools, easy access to major highways, and a robust job market, Dallas is an ideal place to settle down.

With homes under $500,000, you can experience the best of Dallas without breaking the bank. The city’s commitment to growth and development ensures that your investment will not only provide a comfortable living space but also a promising future. Explore Dallas today, and discover the perfect place to call home in this dynamic city!

Newest Dallas Homes under $500,000

$199,500

3 Beds ⋅ 2 Baths ⋅ 21403064 MLS

8125 Shafter Dr, Dallas

$334,990

3 Beds ⋅ 4 Baths ⋅ 21403011 MLS

Bring All Offers, Seller is open to concessions! Built in 2025, this three-story home offers 2,579 square feet with 3 bedrooms, 3.5 bathrooms giving everyone room to spread out while still feeling connected. The second level serves as the heart of the home, where an open-concept living, dining, and kitchen area is filled with natural light and extends to a private balcony, creating a space for everything from quiet mornings to weekend gatherings. The kitchen combines clean contemporary finishes with everyday functionality, featuring a large island, abundant cabinetry, a walk-in pantry, and generous prep space. Appliances (Dishwasher, Stove and Microwave) will be installed prior to closing! Seller is open to concessions! Each bedroom includes a walk-in closet, while the primary suite feels like a private retreat with oversized dimensions, balcony access, and a beautifully designed ensuite bath featuring dual vanities and a spacious walk-in shower. The additional bedrooms provide flexibility for guests, family members, or a home office, each with convenient access to a bathroom. Throughout the home, you'll find elevated details including soaring ceilings, expansive windows, modern lighting, contemporary black accents, and a neutral color palette that complements any design style. Located just minutes from Downtown Dallas, Deep Ellum, Fair Park, the Cedars, and major commuter routes, this home places dining, entertainment, employment centers, and city amenities within easy reach while still offering the comfort of a residential setting. For buyers seeking a modern home with flexible living spaces, stylish finishes, and close proximity to everything Dallas has to offer, this property delivers a lifestyle that is both convenient and comfortable. Schedule your private showing and experience it for yourself.

3142 Harmon St, Dallas

$200,000

3 Beds ⋅ 1 Baths ⋅ 21358200 MLS

Great Investment Opportunity! SOLD-AS-IS, Home sits on an interior lot with a large, fenced backyard. Needs interior repairs, foundation and roof inspections, and kitchen appliances. Bring your creative buyers and investors, this home has great potential! Buyer and buyer’s agent to verify all information including room measurements, schools, zoning, and property condition. Inviting all reasonable offers. Will not consider offers that include owner finance, or assignments.

3627 Lovingood Dr, Dallas

$149,500

2 Beds ⋅ 2 Baths ⋅ 21402887 MLS

Individual or investor friendly! If you looking for your next investment this is it! You already have a tenant until 2027! Incoming producing! Owner will pay for tenant relocation if needed. Or if your looking for a townhome to own, we got you! Tenant will be relocated upon executed offer. This two bedroom, two bath townhome is located Dallas just 20 minutes from Cowboys stadium. Easy access to Loop 12, I20 and I30. Updated bathrooms and kitchen in 2024. New roof and ac unit in 2025. In cul de sac that gives more privacy, large yard next to unit. Close parking with your own private patio!

4621 Country Creek Dr Unit 1041, Dallas

$399,000

3 Beds ⋅ 2 Baths ⋅ 21402870 MLS

A versatile flex room immediately sets this East Dallas remodel apart, offering a fireplace, statement tile wall, direct backyard access, and the flexibility to become a second living area, home office, playroom, gym, or guest retreat. Beyond the flex space, the home has been thoughtfully remodeled with a bright, open layout, modern finishes, and an updated kitchen featuring quartz countertops, gas cooking, stainless steel appliances, and a breakfast bar. Extensive improvements reach beyond the cosmetics, with updates to major systems, windows, doors, and more. Outside, a spacious backyard, detached garage with gated access, and an additional driveway add everyday functionality. Conveniently located near White Rock Lake, the Dallas Arboretum, Lakewood, and Lower Greenville, this home brings together modern style, flexible living, and an established East Dallas location.

10270 Kilkenny Pl, Dallas

$160,000

3 Beds ⋅ 2 Baths ⋅ 21402872 MLS

Welcome to 10823 Addie Road! This property presents a great investment opportunity for buyers, investors, or flippers looking to customize a home in an established Dallas neighborhood within the Dallas Independent School District. The home is currently in distressed condition and will require a light renovation and a new electrical system and a new HVAC system. With a functional layout, a spacious backyard, and quick access to US-175 for an easy commute to Downtown Dallas, this house offers fantastic potential. Bring your toolbelt and vision—schedule your showing today!

10823 Addie Rd, Dallas

$184,900

4 Beds ⋅ 2 Baths ⋅ 21400662 MLS

FIXER UPPER - GREAT OPPORTUNITY. Sold as-is, Investor Special, DIY , needs repairs and TLC . 4 Bedrooms 2 Baths. Original house has an addition. MUST SEE. Calling all Investors.

4721 Garrison Ave, Dallas

$314,900

3 Beds ⋅ 2 Baths ⋅ 21402688 MLS

Welcome to this charming Dallas home, where timeless character, thoughtful upgrades, and an inviting floor plan come together beautifully. From the welcoming covered front porch, step into a true foyer that creates a defined entry and naturally connects the living and dining rooms. Beautiful original hardwood floors preserve the home’s warmth, authenticity, and timeless appeal. The living and dining areas are distinct yet connected, with an easy flow into the kitchen. The kitchen features granite countertops and a walk in pantry, providing valuable additional storage and conveniently housing the microwave. Two bedrooms are situated on the right side of the home, including the primary suite with its own private full bath and tub. The second bedroom features closet systems that will convey with the property. A second full bathroom with a shower is conveniently accessible from the dining area. The third bedroom, located just off the kitchen, offers flexibility as a bedroom, guest room, or home office. Direct access from the kitchen leads to the backyard, where mature trees provide shade and create a welcoming outdoor setting with room to relax and entertain. A detached garage offers additional parking and storage, while exterior recessed lighting adds functionality around the home. For added peace of mind, the AC system was replaced in June 2026 and includes a 10 year warranty plus a 2 year workmanship warranty. The roof has also been inspected, with no hail damage identified at the time of inspection. With an acceptable offer, the refrigerator, stove, washer, dryer, and Vivint security cameras may convey with the property. This home blends original character with meaningful updates and everyday functionality, the kind of property that is increasingly difficult to replicate. Come experience its character and inviting feel for yourself before the opportunity is gone.

1710 Michigan Ave, Dallas

$420,000

4 Beds ⋅ 3 Baths ⋅ 21402844 MLS

Welcome to this North Dallas home, located within the desirable Carrollton and Farmers Branch ISD. This property is being offered significantly below market value - an excellent opportunity to purchase with built-in equity. Home will require TLC. The open floor plan features bright living spaces, an additional game or living room, and a well-designed layout ideal for both everyday living and entertaining. The remodeled kitchen and bathrooms showcase modern finishes and added functionality. The roof was replaced in 2022, and the foundation was repaired in 2023 and comes with a transferrable lifetime warranty! Step outside to your private backyard oasis with a pool, perfect for relaxing or hosting gatherings. The home also offers spacious bedrooms and thoughtful upgrades throughout. Some renovations have been started but not completed, providing the next owner a unique opportunity to add their own finishing touches and further enhance value. The pool will require cleaning. Conveniently located near major highways, shopping, and dining, this home combines location, potential, and value. Property is being sold as-is.

2909 Gainesborough Dr, Dallas

$175,000

2 Beds ⋅ 1 Baths ⋅ 21389530 MLS

Welcome to 2952 Bardwell Avenue, a 3 bedroom, 1 bath home with 852 square feet in Honey Crest Heights. The approximately quarter acre lot offers a spacious backyard for outdoor living. Conveniently located near Kiest DART Station, Cedar Crest Golf Course, John C. Phelps Park, Deerpath Park, and Sargent Park. A great opportunity for a buyer seeking a home in South Dallas or an investor considering a rental property. All information deemed reliable but ot guaranteed. Buyers and buyer's agent to verify.

2952 Bardwell Ave, Dallas

$299,000

4 Beds ⋅ 2 Baths ⋅ 21353989 MLS

NEW CONSTRUCTION in Brierwood Heights! Thoughtfully designed for flexibility and multigenerational living, this single-story hardie siding home offers 4 bedrooms, 2 baths and approximately 1,618 sq ft. The split-bedroom floor plan creates separation between the primary suite and secondary bedrooms, while wider openings, 9-ft ceilings and an easy-flow layout make the home comfortable through every season of life. At the heart of the home, the kitchen, dining and family rooms come together for everyday living and entertaining, extending outdoors to both a welcoming covered front porch and covered rear patio. Inside, buyers will find the features they want already included: a kitchen with granite countertops, built-in island, Shaker-style cabinetry, undermount sink and stainless steel range, microwave and dishwasher; LVP flooring throughout the main living and wet areas; carpet in the bedrooms; plus raised-height bathroom vanities, engineered marble countertops. And the value goes beyond what you can see. Radiant-barrier roof decking, Low-E windows, energy-efficient LED lighting, programmable thermostat, CAT-6 wiring and 30-year architectural shingles are built in from the start. Add a 2-car rear-entry garage, fenced backyard and professional landscaping, and sprinkler system. Plus a 2-10 Home Buyer’s Warranty with 1-year workmanship, 2-year systems and 10-year structural coverage. A thoughtfully built new home where smart design, everyday functionality and long-term value come standard!

9801 Brierwood Ln, Dallas

$258,517

3 Beds ⋅ 2 Baths ⋅ 21402386 MLS

Bring your vision to this 3-bedroom, 2-bathroom single-family home in Dallas Featuring original hardwood floors, a functional layout, and a lot with room to reimagine outdoor living, this property offers an opportunity to renovate and make it your own. Ideal for investors seeking their next project or buyers looking to customize a home, the property needs cosmetic and system updates. SOLD AS-IS, NO SELLER FINANCING. The seller has no information regarding the condition of the foundation, roof, plumbing, electrical, or other systems. Buyers should independently verify the property’s condition, measurements, taxes, schools, and all other material information before submitting an offer. Measurements are approximate and not guaranteed. All information is deemed reliable but not guaranteed. Buyer and buyer’s agent are responsible for independently verifying all information.

6735 Woodard Ave, 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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