5012 Wateka Drive Dallas, TX $ 640,000
5012 Wateka Drive
$ 640,000
Recently Listed New Construction
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5012 Wateka Drive

Dallas, TX, 75209
$ 640,000
Bedrooms3 Baths2.0 Sq 1,892

Monthly Estimate*

$ 4,041

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Single Family Home for sale in Dallas, TX

for $640,000 with 3 bedrooms and 2 full baths. This 1,892 square foot home was built in 1946 on a lot size of 0.185.

Exceptional opportunity in a highly desirable and rapidly transforming area of Dallas! 5012 Wateka Drive offers 3 bedrooms, 2 bathrooms, approximately 1,892 square feet, and two separate living areas, providing a spacious and versatile floor plan with plenty of room for entertaining, relaxing, or creating a dedicated home office. What truly sets this property apart is the location and tremendous potential for added value. Renovated and newly constructed homes throughout the surrounding area have sold for well over $1 million, giving buyers an exciting opportunity to purchase at a significantly lower price point and create a home tailored to their own style. Rather than paying a premium for someone else's renovation, move in, make improvements at your own pace, and take advantage of the potential to build substantial equity. Inside, you'll find hardwood flooring, a wood-burning fireplace, generously sized bedrooms, and multiple living spaces that provide an excellent starting point for a thoughtful renovation. The established lot features mature trees and plenty of character, while the home's existing footprint offers numerous possibilities for updating and modernizing. Whether you're looking for a primary residence with serious upside or a property where you can live while renovating and potentially create significant value in a relatively short period of time, this home presents a rare opportunity. Conveniently located near shopping, dining, major roadways, and some of Dallas' most sought-after neighborhoods, 5012 Wateka Drive combines location, space, and outstanding renovation potential. Priced to go FAST so get in while you can! Empty lots selling for 600k in this neighborhood and this is a fully functional home!

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Single Family Active

Price

$ 640,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 14,474

Style

Single Family Residence

Lot Size

0.185

Year Built

1946

Town/City

Dallas

County/Region

Dallas

MLS | Web ID

21372203

Features
Interior
Interior Features Built-in Features Walk-In Closet(s)
Basement Y/N 0
Dining Areas 1
Living Areas 2
Half Baths 0
Total Bedrooms 3
Total Baths 2
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Exterior
Waterfront 0
Parking Features Asphalt Concrete
Lot Size Less Than .5 Acre (not Zero)
Structural Style Single Detached
Garage Y/N 1
Attached Garage Y/N 1
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General
Utilities City Sewer City Water
Possession Closing/Funding
Appliances Dishwasher Washer
Number of Garage Spaces 2
School District Dallas ISD
Pool Y/N 0
Year Built 1946
Levels One
Property Subtype Single Family Residence
Subdivision Name Greenway Village Rev
Transaction Type For Sale
County Dallas
Property Type Residential
HOA Type None
Full Baths 2
Status Active
Directions Off inwood near the airport.
City Dallas
Elementary School Name Maplelawn
High School Jefferson
Elementary School Maplelawn
Standard Status Active
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Internal Only
Street Number 1 5012
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* Excluded Features
List By
Jason Dixon

Listing Agent

Vip Realty

Broker

Affordability Calculator

$5,247
Per Month
77%
23%
0%
Monthly Principal & Interest
$4,041
Monthly Property Taxes
$1,206
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
287932 Elementary School
286523 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/28/2026$640,000 Listed Price

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5012 Wateka Drive, Dallas, TX, 75209 is a Single Family Home for sale at $640,000 with 1,892 sqft and a lot size of 0.185. 5012 Wateka Drive has 3 bedrooms, 2.0 baths, and was built in 1946. The property's zip code is 75209 which is in Dallas, TX