Southwest Dallas Homes under $500,000

Welcome to Southwest Dallas, a vibrant and diverse community nestled within the heart of Texas. This charming area boasts a rich tapestry of culture and history, making it an ideal place for families, young professionals, and retirees alike. With its convenient access to major highways and proximity to downtown Dallas, residents enjoy the perfect blend of suburban tranquility and urban excitement.

One of the standout features of Southwest Dallas is its impressive array of homes available for under $500,000. This makes it an attractive option for those looking to invest in their first home or for families seeking to upgrade without breaking the bank. The housing market in this region offers a variety of styles, from cozy single-family homes to modern townhouses, ensuring that there’s something for everyone. Many of these homes feature spacious layouts, updated amenities, and inviting outdoor spaces, perfect for entertaining or unwinding after a long day.

Living in Southwest Dallas means enjoying a strong sense of community, with friendly neighbors and local events that foster connections. The area is also home to several parks, recreational facilities, and excellent schools, making it a wonderful place to raise children. Moreover, with the burgeoning local economy and ongoing development, Southwest Dallas is poised for growth, adding even more value to your investment.

Explore the possibilities that await you in Southwest Dallas, where affordable living meets a vibrant lifestyle. Your dream home is just a click away!

Newest Southwest Dallas Homes under $500,000

$369,000

2 Beds ⋅ 2 Baths ⋅ 21420039 MLS

Here is your chance to scoop up a unique property on half an acre in Dallas close to I-20, Spur 408, and Loop 12. Beautiful landscaping and an electric gate preserve your privacy, but if you want to welcome friends, this property makes it easy. Invite the whole crew because there is tons of parking and space to spread out, a peaceful courtyard with pergola, plus a 2-year old pool with waterfall next to a covered patio. The home offers 2 ample bedrooms, 1 full bathroom, 1 half bathroom, and a generous-sized living and dining space. The retro kitchen is a great conversation starter, while the full size laundry and pantry space offer modern convenience. The 2-car detached garage has an additional 200 sq ft of space that could be used as an office or fitness room or workshop. There is a half bathroom here that needs remodeling, but imagine the potential! In case you have a lot of toys, there are two more storage buildings on the property, plus a carport. You get a lot of bang for your buck at this list price! Agents - see docs and private remarks for more information.

5307 Moneta Ln, Dallas

$235,000

2 Beds ⋅ 2 Baths ⋅ 21414090 MLS

Attention cash buyers and investors! Don’t miss this opportunity to acquire a nearly completed renovation in Dallas’ desirable 75208 zip code! Located at 1121 S Brighton Ave, Dallas, TX 75208, this 2-bedroom, 2-bathroom home offers 1,500+ square feet, including a newly constructed primary bathroom and closet addition. The current investor originally intended to hold this property as a long-term rental and has already completed substantial improvements. Due to a change in investment strategy, the seller is liquidating their portfolio and is motivated to close by the end of October. MAJOR IMPROVEMENTS INCLUDE: • New electrical panel and updated wiring throughout the entire home • New plumbing from the street throughout the property • Roof repairs completed • New primary bathroom and closet addition • New windows installed • Appliances and bathroom vanities already on-site • Extensive renovation work already completed THE OPPORTUNITY: Much of the heavy lifting has already been done! This property offers an excellent opportunity for an investor to complete the remaining renovations and capitalize on the improvements already made. Whether you’re looking for your next fix-and-flip or a long-term rental investment, this property offers significant potential without starting a renovation from scratch. Portfolio liquidation is underway, with the goal of closing all properties by October 31.

1121 S Brighton Ave, Dallas

$460,000

4 Beds ⋅ 3 Baths ⋅ 21411795 MLS

5751 Mountain Hollow Dr, Dallas

$399,999

3 Beds ⋅ 3 Baths ⋅ 21407171 MLS

This new-build home has been upgraded to the current standard of modern living! A boasting 1,998 square feet home with 3 beds and 2 and a half bath, that's a restroom for every room in the house! No more fighting over toilets if you have a large family or frequent guests. With Walmart and tons of other retail stores nearby, you never have to worry again if you need last-minute supplies or ingredients. Even if you are short on anything, your guests can still have a great time with the bishop arts district being less than a 15-minute drive! At the house, since it is a new build, there are gorgeous light wood-grain-style floors, new cabinetry, and even new pavement for all your vehicles, stretching to the back for either a carport cover or a nice place to set up outdoor furniture! There is way more to see and experience, so come check out this amazing property and don't miss out on your chance at a stunning home!

703 N Dwight Ave, Dallas

$349,000

3 Beds ⋅ 2 Baths ⋅ 21415228 MLS

YOUR BEAUTIFUL OAK CLIFF HOME AWAITS! Looking for a home that combines modern updates, relaxation, and an amazing location? Welcome to your beautifully remodeled home near Kiest Park! WHAT MAKES THIS HOME SPECIAL? -Beautifully remodeled bathrooms with stunning finishes -Charming arched bay window — the perfect spot to relax with your morning coffee -Newly installed HVAC system for year-round comfort -New energy-efficient windows -New backyard gas line LOVE THE OUTDOORS? YOU’LL LOVE THIS LOCATION! -Kiest Park right across the street, featuring a scenic 2-mile trail -Oak Cliff Nature Preserve trails 2 minutes away. -10 minutes from Bishop Arts Beautiful updates. A relaxing atmosphere. A location that makes everyday living special.

2406 Cliff Teen Ct, Dallas

$400,000

5 Beds ⋅ 3 Baths ⋅ 21415109 MLS

This fully renovated home offers 5 spacious bedrooms, 2 full baths and a half bath with more than 3,400 square feet of open-concept living. Every room is generously sized—perfect for hosting large gatherings or simply spreading out in comfort. The chef’s kitchen is a true centerpiece featuring a gas cooktop, double ovens, a large island with sink and a seamless view into the main living area. A cozy brick wood-burning fireplace anchors the living room adding warmth and charm. Step outside to a spacious backyard with a detached oversized two-car garage, ideal as a workshop or extra storage. The property is secured with a metal electric gate for added peace of mind. Conveniently located, this home offers easy access to downtown Dallas and all major roadways making travel around the Metroplex a breeze.

2548 Wood Valley Pl, Dallas

$235,000

3 Beds ⋅ 2 Baths ⋅ 21416781 MLS

Set on a quiet street in the Cedar Ridge Addition of southwest Dallas, this single-story brick home has been cared for and updated in all the places that matter. Three bedrooms and two full baths unfold across 1,435 square feet, beginning with a tiled entry that opens to a vaulted living room where a tile-surround fireplace with a wood mantel anchors the space and high ledges draw the eye upward. New wood-look floors carry you through the living room and hallway toward the kitchen, finished in warm wood cabinetry with stainless steel appliances, a pass-through window to the living room and a sunny breakfast nook with a built-in window bench. The primary suite has its own vaulted ceiling and a private bath with a walk-in shower behind a glass door. Two more bedrooms welcome family or guests, and a bonus room gives you space for a home office, hobby room or play area. Step outside to a patio and a generous backyard shaded by mature trees, with new fencing along the east side added in 2026. The HVAC system, electrical system and garage door opener were all updated in 2022, solar panels were added in 2023, the garage holds two cars, and there is no HOA. The home sits right across the street from Duncanville High School and is zoned to Hyman Elementary, Byrd Middle and Duncanville High in Duncanville ISD. Cedar Ridge Preserve, I-20 and Highway 67 are minutes away, and Joe Pool Lake and downtown Dallas are a short drive. Schedule your private showing and come see it for yourself.

6447 Royal Cedar Dr, Dallas

$375,000

4 Beds ⋅ 3 Baths ⋅ 21417980 MLS

Modern style, an unbeatable location, and room to live, work, and entertain! Welcome to this stunning 2021-built contemporary home in the heart of West Dallas, just minutes from some of Dallas' most popular destinations! From the moment you step inside, you'll love the soaring 10-foot ceilings, beautiful hardwood floors, and abundance of natural light. The open-concept living, dining, and kitchen spaces create the perfect setting for everyday living and effortless entertaining. The kitchen shines with custom cabinetry, stylish brushed brass hardware, and a design that feels both modern and inviting. Upstairs, retreat to the spacious primary suite featuring a private ensuite bath and walk-in closet. Three additional bedrooms offer endless possibilities, whether you need room for guests, a home office, or a home gym. The conveniently located upstairs laundry room sits on the same level as all four bedrooms, making everyday living that much easier! Step outside to your own private backyard, complete with a covered patio and 6-foot privacy fence, ideal for weekend grilling, entertaining, or simply unwinding. And the location? Hard to beat! Directly across the street from Nash-Davis Recreation Center, with access to fitness facilities, tennis courts, and more. Plus, you're just minutes from Trinity Groves, Bishop Arts, Sylvan Thirty, the Medical District, and Trinity Levee Trails. Enjoy the energy and convenience of Dallas living while having a beautiful place to call home. This is one you won't want to miss!

2050 Bickers St, Dallas

$292,900

3 Beds ⋅ 2 Baths ⋅ 21417682 MLS

Welcome to 7310 Flameleaf Place, a beautifully renovated 3-bedroom, 2-bath home offering modern finishes and inviting living spaces throughout. Step inside to a stunning living room featuring vaulted ceilings, arched windows that bring in abundant natural light, and a sleek fireplace that creates a beautiful focal point. The updated kitchen showcases white shaker-style cabinetry, elegant gold hardware, stylish countertops, and a spacious island perfect for everyday living and entertaining. Both bathrooms have been thoughtfully updated with contemporary finishes, while the light-toned flooring and fresh, neutral palette create a cohesive feel throughout the home. Outside, enjoy a fenced backyard with a covered patio, offering plenty of room to relax or entertain. A rear-entry two-car garage adds convenience. With its thoughtful updates, distinctive architectural details, and move-in-ready appeal, this home offers the perfect combination of style, comfort, and functionality. Ideally situated with convenient access to major highways, shopping, dining, and everyday essentials, this home offers the perfect balance of comfort and connectivity.

7310 Flameleaf Pl, Dallas

$300,000

4 Beds ⋅ 3 Baths ⋅ 21417262 MLS

Spacious 4-bedroom, 3-bathroom home in Dallas offering two living areas, generously sized bedrooms, a cozy fireplace, and a covered patio perfect for relaxing or entertaining. The refreshed kitchen adds an updated touch, and the HVAC system was replaced in 2024. The flexible floor plan offers plenty of space for everyday living, hosting guests, or creating a home office. Conveniently located near schools, parks, shopping, dining, and major roadways, this home offers an opportunity for buyers looking for space and potential. The property has a known foundation issue. The sellers intend to have the foundation repairs completed while under contract through a pay-at-closing program, subject to program approval, contractor arrangements, and mutually agreed-upon terms.

5722 Firethorn Dr, Dallas

$275,000

3 Beds ⋅ 2 Baths ⋅ 21413165 MLS

A private backyard pool, two living areas, and a convenient location near Cedar Ridge Preserve highlight this 3-bedroom, 2-bath home in southwest Dallas. With nearly 1,900 square feet, the floor plan includes a formal living room and dining room, along with a cozy family room featuring a fireplace and an open connection to the kitchen. The separate living areas offer flexibility for entertaining, relaxing, or creating a dedicated home office. The kitchen features updated countertops installed in 2026, while the primary bedroom offers an ensuite bath and walk-in closet. Additional improvements include pool replastering in 2025, replacement windows installed in May 2024, added insulation in September 2023, and remodeled bathrooms completed in June 2021. Outside, the private backyard and pool provide a place to enjoy warm Texas days, host gatherings, or unwind at home. A rear-entry 2-car garage completes the property. Nature and recreation are close by, with Cedar Ridge Preserve within walking distance and Cedar Hill State Park, Joe Pool Lake, and Dogwood Canyon Audubon Center nearby. Shopping and dining options are available at Hillside Village and throughout the surrounding area. With multiple living spaces, meaningful updates, a private pool, and access to outdoor recreation, this home offers a comfortable combination of indoor and outdoor living in an established southwest Dallas location. 3D tour available online

7319 Blackwillow Ln, Dallas

$292,500

3 Beds ⋅ 2 Baths ⋅ 21416381 MLS

Charming Oak Cliff Cottage. Stop Renting & Start Owning! Why keep paying rent when you can own this beautifully updated 3-bedroom, 2-bath cottage in one of Dallas’ most vibrant neighborhoods. Nestled in the heart of Oak Cliff, this ranch-style home blends traditional charm with modern updates, offering endless potential for personalization. Step inside to find an open floor plan, stunning wood floors, and a stylish kitchen with incredible storage, stainless steel appliances, and a gas range perfect for home chefs. The spacious master bedroom features a custom closet system, while the additional rooms are great for a home office or guest space. The large backyard boasts a brand-new fence and a gorgeous deck ideal for entertaining or relaxing under the Texas sky. Located in a thriving community filled with lush parks, local shops, diverse dining, and a buzzing arts scene, this home is perfect for first-time buyers looking to invest in homeownership.

927 S Franklin St, 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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Southwest Dallas Homes under $500,000

Newest Southwest Dallas Homes under $500,000

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