Peak's Addition Homes under $500,000

Welcome to Peak's Addition, a hidden gem nestled in the heart of Dallas, Texas! This charming subdivision offers a delightful blend of historic character and modern convenience, making it an ideal choice for families, young professionals, and anyone looking to experience the vibrant culture of Dallas without breaking the bank.

One of the standout features of Peak's Addition is its affordability. With homes available for under $500,000, this community provides an excellent opportunity for first-time homebuyers or those seeking a smart investment in a rapidly appreciating market. The homes here boast unique architectural styles, from quaint bungalows to more contemporary designs, ensuring that there’s something for everyone.

Residents of Peak's Addition enjoy a close-knit community atmosphere, complemented by beautiful tree-lined streets and well-maintained parks. The neighborhood’s prime location means you’re just a stone’s throw away from Dallas’s bustling downtown, where you can indulge in a wide array of dining, shopping, and entertainment options. Plus, with easy access to major highways, commuting to work or exploring the greater Dallas area is a breeze.

Families will appreciate the proximity to reputable schools, while outdoor enthusiasts can take advantage of nearby recreational facilities and scenic green spaces. Whether you’re sipping coffee on your porch, enjoying a weekend BBQ with neighbors, or taking a stroll through the vibrant streets, life in Peak's Addition is sure to charm you.

Discover the perfect blend of affordability, community spirit, and convenience in Peak's Addition. Your dream home awaits!

Newest Peak's Addition Homes under $500,000

$425,000

13 Beds ⋅ 3 Baths ⋅ 21401121 MLS

This stately home built in 1910, and it has been owned current owner since 1976. The property is categorized by the city of Dallas as a Residential Hotel. Currently it serves as a facility for low-income housing. Property houses 13 total units, with 10 currently occupied, and with several common areas.

4726 Reiger Ave, Dallas

$114,900

1 Beds ⋅ 1 Baths ⋅ 21363195 MLS

Calling Investors! Looking for a quick investment purchase with a Tenant that wants to stay? Look no further than this rare opportunity to immediately own an occupied rental property without the worry of sitting on the market and finding a tenant. Here’s your chance! Community is located just minutes away from Baylor Medical Hospital and School, Dallas Theological Seminary, Downtown Dallas and Lower Greenville entertainment. The condo features fireplace and a private balcony with a great, solid tenant that has been in the property for a number of years and plans to stay extend his current lease that expires July 31, 2027. Steps away from parking, pool, on-site laundry. Please note the complex is non-warrantable, all tenant occupied. Cash sale preferable.

4502 Gaston Ave Unit 320, Dallas

$114,990

1 Beds ⋅ 1 Baths ⋅ 21251141 MLS

Positioned in the heart of East Dallas, this beautifully updated 1-bedroom, 1-bath condo offers the perfect blend of modern finishes and city-centered living. Located on the third floor with no one above, it provides a quiet retreat while keeping you connected to everything that makes Dallas dynamic. Inside, the home has been thoughtfully renovated with a fresh, contemporary feel, featuring new paint, updated tile shower, and an updated kitchen complete with new cabinetry. The absence of popcorn ceilings enhances the clean lines and elevated aesthetic throughout the space, creating a light, open environment that feels both polished and inviting. Beyond the interior, the location is where this property truly shines. Just minutes from Downtown Dallas, Lower Greenville, and Baylor Medical Center, this condo places you in the middle of one of the city’s most vibrant corridors. Whether your days are spent in the office, at the hospital, or working remotely from your favorite neighborhood coffee shop, everything you need is within easy reach. East Dallas offers a lifestyle that’s hard to replicate, tree-lined streets, locally loved restaurants, live music, and a sense of character that feels both established and energetic. For the professional who values convenience without sacrificing culture, this is an ideal home base. Commute times shrink, social options expand, and the city becomes an extension of your living space. Whether you’re starting your day with a quick drive into downtown or ending it with dinner on Lower Greenville, this condo supports a lifestyle that’s efficient, connected, and full of opportunity.

4502 Gaston Ave Unit 319, 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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