Dallas Homes under $500,000

Welcome to Dallas, Texas – a vibrant metropolis that beautifully blends modern urban living with rich cultural heritage. Known for its iconic skyline, Dallas is a hub for business, arts, and entertainment, making it an ideal place for families, young professionals, and retirees alike. With its warm climate, diverse population, and a plethora of recreational activities, it’s no wonder that many are drawn to call this city home.

Dallas boasts a variety of neighborhoods, each offering its unique charm and character. From the bustling streets of Deep Ellum, known for its live music scene, to the family-friendly vibes of Prestonwood, there’s something for everyone in this expansive city. The local culinary scene is a feast for the senses, with everything from delectable Tex-Mex to gourmet dining options that cater to every palate.

For those seeking affordable housing options, Dallas has an impressive selection of homes available for under $500,000. Whether you’re looking for a cozy bungalow in a quiet neighborhood or a contemporary condo in the heart of the city, you’ll find that Dallas offers a range of properties to suit your needs. Many of these homes feature modern amenities, spacious layouts, and easy access to parks, schools, and shopping centers.

With a thriving job market, excellent educational institutions, and a rich cultural landscape, Dallas is not just a place to live but a community to thrive in. Explore the possibilities today and discover your perfect home in this dynamic city!

Newest Dallas Homes under $500,000

$364,900

3 Beds ⋅ 3 Baths ⋅ 21415039 MLS

Bold Architecture. Elevated Finishes. Unmatched Urban Living. Welcome to 2400 Dyson Street, where modern luxury meets exceptional design at an affordable price! Just minutes from Downtown Dallas! Situated on a desirable corner lot surrounded by beautiful new construction homes, this stunning three-story residence offers 3 bedrooms, 3.5 bathrooms, and an impressive open-concept layout. From the striking contemporary exterior to the light-filled interiors, every detail has been thoughtfully designed with sophistication in mind. Step inside to discover beautiful luxury vinyl flooring, a sleek modern fireplace, custom built-ins, and a chef-inspired kitchen featuring a waterfall island, custom cabinetry, designer lighting, and elegant gold accents. The luxurious primary suite boasts a spa-inspired bathroom with a freestanding soaking tub, oversized glass shower, dual vanities, and custom closets. Additional highlights include a private balcony and a statement glass garage door. Conveniently located near shopping, dining, entertainment, and major highways, this home delivers the perfect combination of upscale living and urban convenience!

2400 Dyson St, Dallas

$435,000

3 Beds ⋅ 3 Baths ⋅ 21415835 MLS

Welcome to 1332 Grigsby Avenue, a charming 3-bedroom, 2.5 bath home in the heart of of Old East Dallas! Situated on a desirable corner lot, this home blends character with modern updates, including an updated kitchen, new flooring, fresh exterior paint, a new garage floor, and a tall wooden privacy fence. The outdoor space offers plenty of potential for gardening, entertaining, or creating your own private retreat, while the inside includes a spacious primary suite and private en-suite bath, along with two more bedrooms and bathrooms for family and guests. Enjoy an unbeatable location just minutes from downtown Dallas, Deep Ellum, and Lower Greenville with popular destinations like Trader Joe's and Jimmy's Food Store nearby. Don't miss this opportunity to enjoy the charm, convenience, and vibrant lifestyle of one of Dallas' most desirable areas!

1332 Grigsby Ave, Dallas

$145,000

1 Beds ⋅ 1 Baths ⋅ 21416135 MLS

Walking distance to White Rock Lake! If you haven't experienced this amazing amenity in the heart of urban Dallas, it is a must see! Complete with playgrounds, walking, jogging, bike trails around a gorgeous 10 mile perimeter lake. Nestled in a quiet, tree-lined complex that is super close to grocery stores and restaurants, and close to both Lakewood and Casa Linda areas. This unit is accessible to highways, downtown, and Baylor Medical. Pet areas and a small yard. Step inside to a beautifully renovated one-bedroom unit. Full kitchen with new appliances, separate bedroom with ensuite bathroom. Private patio with small yard perfect for relaxing with your coffee or a cocktail. Living room boasts a fireplace and the unit includes a washer and dryer. Designated workspace in bedroom or work on the patio or bar. Unit comes with one reserved parking space. Private complex has guest parking as well. Any furniture shown is for illustrative purposes and not included. PLEASE BE AWARE THAT SCAMS ARE ON THE RISE. WE WILL NEVER ASK YOU TO SEND MONEY TO US DIRECTLY. WE DON'T POST ON FACEBOOK MARKETPLACE. IF YOU SEE IT THERE, IT IS A SCAM.

7151 Gaston Ave Unit 1001, Dallas

$399,000

3 Beds ⋅ 2 Baths ⋅ 21416099 MLS

Located right off interstate 20 this prime piece of real estate is ready to sell as-is and fast! Includes two parcel ids to total almost one acre lot! The house on the property has been used as residential but the entire parcel is zoned commercial CF- Service district. Many offices and multiples buildings in this high traffic corner lot. Currently fenced. Property needs work and is being sold as-is. Cash or cash like offers only. NO BLIND OFFERS WILL BE ENTERTAINED BY SELLER. Buyers and agents to verify zoning and call city for any zoning questions.

8427 Honeysuckle Ln, Dallas

$275,000

3 Beds ⋅ 2 Baths ⋅ 21414816 MLS

3923 Lawnview Ave, Dallas

$289,900

4 Beds ⋅ 3 Baths ⋅ 21415697 MLS

Priced Under Tax Value. This home offers the ideal blend of comfort, space, and functionality. Featuring 4 bedrooms—including 2 downstairs and 2 upstairs main suites, each with private ensuite bathrooms. Enjoy an open-concept living area with a cozy fireplace and a unique indoor gas grill, ideal for entertaining year-round. The home sits on a generous lot with a large backyard and covered patio, perfect for outdoor gatherings. A circular driveway welcomes you up front, while a covered carport and 2-car garage in the rear provide ample parking. Don’t miss this move-in ready home with flexible living space and great amenities inside and out! Property Sold As Is. Property has Solar Panels and Buyer must be willing to take over the lease.

5411 Cherry Glen Ln, Dallas

$215,000

3 Beds ⋅ 2 Baths ⋅ 21415956 MLS

Great opportunity to own in a great location! Less than 3 minute drive from three major colleges. The only public, accredited 4-year university within Dallas city limits, University of North Texas Dallas. The Historic Paul Quinn College and Dallas College Cedar Valley. Less than 12 miles from Downtown Dallas. Everyday Errands and retail centers under 10min away. Plumbing and flooring completed in 2024. Large backyard for outdoor activities. Immediate access to the I-20 and I-45 interchange.

6543 Gentle Riv, Dallas

$320,000

3 Beds ⋅ 2 Baths ⋅ 21391720 MLS

**WELCOME HOME**Investor’s Dream with Space, Potential & Possibilities! Welcome to 9522 Paramount Avenue, a unique Dallas property offering an exciting combination of space, lot size, and opportunity. Situated on an expansive 10,272 sq. ft. lot, this 3-bedroom, 2-bathroom property offers over 1,500 square feet of total living space and plenty of room to bring your vision to life. Whether you're envisioning a creative workspace, hobby area, private retreat, entertainment space, guest accommodations, storage, or something entirely different, the canvas is here - the possibilities are yours to imagine. A carport adds convenient covered parking, while the generous lot provides valuable flexibility rarely found with properties of this size. For the investor, renovator, or visionary buyer, this property offers an opportunity to unlock value, customize the space, and create something truly your own.

9522 Paramount Ave, Dallas

$218,900

4 Beds ⋅ 2 Baths ⋅ 21415873 MLS

BELOW MARKET! MOVE-IN READY 4-BEDROOM HOME! Don’t miss this outstanding opportunity to own a spacious, move-in-ready two-story home offering 4 bedrooms, 2 full baths, and two separate living areas! The inviting main living room features a cozy fireplace and an adjoining dining area, perfect for entertaining family and friends. The kitchen opens to a second living area, creating a comfortable and functional layout for everyday living. The primary suite is conveniently located on the first floor and features a walk-in closet. Upstairs, you’ll find three additional bedrooms and a full bath, providing plenty of space for family, guests, or a home office. The kitchen includes a built-in microwave, brand-new dishwasher, and brand-new range. Enjoy durable vinyl plank flooring throughout the entire first floor, plus brand-new carpet on the stairs and throughout the second floor. Additional features include an interior laundry area, fenced backyard, and attached two-car garage with automatic opener. Priced below market, this home presents exceptional value and versatility— whether you’re looking for an affordable place to call home or a turnkey investment property with rental potential. Move in and make it your own!

3936 Scarsdale Ln, Dallas

$200,000

2 Beds ⋅ 1 Baths ⋅ 21414390 MLS

Investor's dream with some renovations already underway! This 2-bedroom, 1-bath home offers 984 sq ft and is just minutes from the train station, making it a smart pick for a flip, rental, or hands-on starter project. The hard work has begun, so you can jump in and finish it your way. Out back, a large driveway provides plenty of parking, and a gated rear entrance adds security and convenience. The front of the home is gated too, for added privacy. A large covered patio out back is ready for your creativity, whether that's outdoor entertaining or a relaxing retreat. Bring your vision and make this home your own. Home was appraised this summer.

1434 Carson St, Dallas

$369,000

4 Beds ⋅ 3 Baths ⋅ 21409495 MLS

Fresh, clean, and move-in ready! This two-story home at 4619 Raleigh Dalton Road has been freshly painted throughout, giving every room a bright, updated look and a true turnkey feel. Upstairs, brand-new carpet runs throughout the entire second story and stairway, so the bedrooms and living spaces are soft underfoot and ready for your furniture on day one. The main level offers comfortable living and dining space, with plenty of room to entertain or relax. With the major updates already done, you can skip the weekend projects and move right in. Conveniently located in southeast Dallas with easy access to major thoroughfares, shopping, dining, and downtown. Schedule your showing today. This one is ready!

4619 Raleigh Dalton Rd, Dallas

$435,000

3 Beds ⋅ 3 Baths ⋅ 21412062 MLS

Enjoy modern updates and inviting outdoor living in this extensively renovated home featuring an open-concept layout and updated finishes throughout. The completely remodeled kitchen offers new cabinetry, new quartz countertops, a new sink and garbage disposal, and new appliances, including a gas cooktop, oven, and dishwasher. New flooring flows throughout the home, complementing fully renovated bathrooms and refreshed bedrooms and living spaces. Extensive system improvements include new electrical wiring, grounding, lighting, a new breaker box, outlets, and switches and modernized water systems and fixtures. Set on a spacious lot, the property offers ample room for outdoor activities and future customization. The private backyard retreat features an in-ground swimming pool, newly rebuilt decks ideal for entertaining, and professional landscaping enhancements. Three robotic pool cleaners and pool accessories are included. An air-conditioned pool house provides flexible space for a home office, guest room, recreation, or storage. With extensive renovations already completed, this home blends refreshed interiors, functional living spaces, and exceptional outdoor enjoyment. One or more photos have been virtually staged to show placement of personal property.

7443 Daingerfield Dr, 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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