Dallas Homes under $500,000

Welcome to Dallas, Texas—a vibrant city that perfectly blends modern urban living with a rich cultural heritage. Known for its dynamic economy, diverse population, and thriving arts scene, Dallas offers an exceptional quality of life for its residents. From the iconic skyline punctuated by the famous Reunion Tower to the lush parks and bustling neighborhoods, there’s something for everyone in this sprawling metropolis.

For those seeking a home in the heart of Dallas without breaking the bank, you’ll be pleased to discover a variety of charming properties available for under $500,000. This price range opens the door to a wealth of opportunities, whether you're a first-time homebuyer, a growing family, or looking to invest in real estate.

Explore the vibrant neighborhoods of East Dallas, where you can find beautifully renovated bungalows and modern townhomes, all just minutes away from trendy shops and eateries. The Oak Cliff area is another hidden gem, offering a unique blend of historic homes and contemporary designs, all while maintaining a strong sense of community.

With excellent schools, diverse dining options, and a plethora of recreational activities, Dallas is not just a place to live; it’s a place to thrive. Whether you're drawn to the bustling downtown or the serene suburbs, you’ll find a welcoming atmosphere and a sense of belonging. Discover your dream home in Dallas today and become part of this exciting city that promises a bright future!

Newest Dallas Homes under $500,000

$385,000

3 Beds ⋅ 2 Baths ⋅ 21420617 MLS

COMING SOON - A FRESH TAKE ON OAK CLIFF LIVING! Something exciting is taking shape in the heart of Dallas! Nestled in the established Wynnewood area of Oak Cliff, this beautifully reimagined 3-bedroom, 1.5-bathroom home is undergoing an incredible transformation - from the studs up! Enjoy the charm of an established neighborhood with the peace of mind of major modern upgrades, including new plumbing, electrical, roof, HVAC, and a tankless water heater. A complete interior and exterior facelift is bringing fresh style and modern comfort to this incredible location. Just minutes from the vibrant Bishop Arts District, revitalized with Wynnewood Village shopping area, Downtown Dallas, and convenient access to major highways, this location delivers the best of both worlds: urban convenience with a relaxed neighborhood feel. NEW EVERYTHING FEEL. ESTABLISHED NEIGHBORHOOD CHARM. AN UNBEATABLE DALLAS LOCATION. STAY TUNED... this Oak Cliff transformation is worth the wait!

2950 Grayson Dr, Dallas

$465,000

2 Beds ⋅ 1 Baths ⋅ 21390415 MLS

ASK ABOUT 3.15% Mortgage Rate Assumable Loan! Under a broad canopy of shade trees, this 1930 Craftsman bungalow near Bishop Arts meets the street with a deep covered porch, square black columns, and a slate-teal front door framed by brass sconces. A swing hangs at one end, ready for slow evenings. Inside, the bungalow has been renovated, and recently refreshed, without giving up its 1930 identity. The original shiplap was saved and still lines the rooms beneath plank ceilings, while honey-toned wood floors carry you from the entry to the back of the house. A painted brick fireplace with a broad mantel centers the living room, and a cased opening draws the eye toward dining, where the palette turns warm: wood-grain walls, oversized black dome pendants, and a weathered barn door gliding along its rail to the hall. The kitchen holds onto that contrast. Shaker cabinetry and bright counters stand against the darker backdrop, with a Fulgor Milano gas range beneath a vented hood, a Bosch dishwasher, floating shelves, and a column of exposed brick that hints at the home’s age. A window above the sink looks into the screened sun room, where a ceiling fan turns over charcoal-painted boards and double doors open to the yard. Both bedrooms are crowned with natural wood plank ceilings that glow once the lamps come on. The primary connects to a laundry room fitted with a full closet system over hexagon tile, and the bath pairs a clawfoot tub and brass fixtures with subway tile, black penny tile, and a carved vanity. Out back, a horizontal fence encloses a level lawn strung with café lights, with a one-car garage at the rear and a gated drive. Pella windows, screened gutters, and a French drain handle the less visible work. Bishop Arts is a short walk away, its galleries, patios, and late tables close enough that an evening out never needs a plan. Then the walk home ends where the house begins, on that porch swing under the trees.

714 Melba St, Dallas

$299,000

2 Beds ⋅ 1 Baths ⋅ 21420043 MLS

Opportunity Awaits in Dallas Love Field! Discover the potential of this home conveniently located in the desirable Love Field area of Dallas just blocks away from the Dallas Love Field Airport. Whether you're an investor looking for your next project or a buyer ready to bring your vision to life, this property offers an opportunity. The home features a functional layout, a spacious outdoor area, an expansive concrete driveway, and a detached garage offering additional storage or workspace possibilities. With its established neighborhood setting and convenient access to the airport, major highways, shopping, dining, and Downtown Dallas, the location adds to its appeal. Don't miss this opportunity to bring your vision to life and make this home your own!

2324 Bombay Ave, Dallas

$210,000

2 Beds ⋅ 2 Baths ⋅ 21424441 MLS ⋅ Boxtree Condo BLDG.

Welcome home to 4633 Fairmount Street! This stylishly updated condo features a smart, dual primary layout offering two full bedrooms, each with its own dedicated full bath, ideal for guests, or a home office setup. The kitchen comes with sleek granite countertops and stainless steel appliances. Located in a prime Dallas neighborhood with fast access to UT Southwestern, dining, shopping, and major roadways. Don't miss this move in ready gem!

4633 Fairmount St Unit 209, Dallas

$320,000

4 Beds ⋅ 3 Baths ⋅ 21417424 MLS

Sleek updates, room to spread out, and a convenient Dallas location! This 4-bedroom, 3-bath, two-story townhome at 9232 Chimney Corner Lane blends modern style with everyday practicality. Updated finishes create a fresh, contemporary feel, while four bedrooms offer flexibility for guests, a home office, or hobbies. Step outside to a patio and small backyard—an inviting spot for morning coffee or an evening outdoors without extensive yard upkeep. Covered parking in the rear adds convenience. Located near Texas Instruments, I-635, and US-75, this home puts major commuting routes within easy reach. Discover comfortable townhome living with space, style, and convenience.

9232 Chimney Corner Ln, Dallas

$269,900

6 Beds ⋅ 3 Baths ⋅ 21424347 MLS

BANK-OWNED with great rental potential! This 6-bedroom, 3-bath brick home in Dallas offers 2,173 square feet of single-story living space on a large lot. The home needs some TLC, making it a great opportunity for investors or buyers ready to add their own touches. The kitchen features white cabinetry and stainless steel appliances. The home also has wood-look flooring, tiled bathrooms, a fireplace, and central heat and air. Outside, there's a covered back porch, a carport, storage sheds, and a fenced backyard with plenty of room for pets, entertaining, or future improvements. Conveniently located near shopping, dining, and major commuting routes. Whether you're an investor looking for your next rental or a buyer searching for space at a great value, this property is ready for its new owner. Schedule your showing today! Note: The grass in the exterior photos has been AI enhanced.

4426 S Ewing Ave, Dallas

$350,000

3 Beds ⋅ 2 Baths ⋅ 21420557 MLS

Welcome home to this beautifully updated gem nestled in the heart of Casa View Heights, one of East Dallas' most beloved mid-century neighborhoods! Just 15 minutes from Downtown Dallas and minutes from White Rock Lake, this 3 bedroom, 2 bath charmer checks every box. At 1,438 sq ft, the open floor plan flows effortlessly from the moment you walk through the front door - living and dining side by side, perfect for everyday living and entertaining. The kitchen and bathrooms shine with granite countertops, while the primary bath stuns with a sleek, modern frameless glass shower. Fresh new interior paint gives the home a bright, clean, move-in ready feel. Outside, the updated siding gives this home a clean, polished look with wonderful curb appeal. The generous lot offers plenty of room for outdoor activities, gardening, or simply enjoying the Texas sunshine - and with paid-off solar panels, you will enjoy the bonus of lower energy bills. Updated PVC plumbing gives you added peace of mind from day one. With quick access to I-30 and I-635, plus nearby grocery stores, restaurants, and everyday conveniences, this location truly has it all.

3114 San Paula Ave, Dallas

$375,000

2 Beds ⋅ 2 Baths ⋅ 21419567 MLS

Located in the Copperfield community in Lake Highlands, this inviting home sits on a distinctive creek lot, with a wooded backdrop and no homes directly behind. The main level features an open layout with wood floors, vaulted ceilings, a marble fireplace, and a kitchen with granite countertops, a breakfast bar, and generous cabinet space. Upstairs, the primary suite includes a recently remodeled bathroom and an updated adjoining loft that can serve as an office, nursery, or second living area. A tiered patio and deck overlook the creek. Richardson ISD schools and convenient access to shopping, dining, and major roads add to the appeal. Low monthly HOA dues cover front yard maintenance and upkeep of the community gate and street.

8708 Coppertowne Ln, Dallas

6349 Diamond Head Cir Unit 6349D, Dallas

$350,000

2 Beds ⋅ 2 Baths ⋅ 21403069 MLS

Fantastic opportunity to own this condo to call home. Located in one of Dallas’ most desirable and established areas. This beautiful condo is ready for someone one to make it their own. Being sold as with furniture that has been left in unit. Enjoy the convenience of low-maintenance living, with HOA dues including water, electricity, gas, garbage service, exterior maintenance, and general maintenance—providing added value and simplicity for the new owner. Ideally situated near Preston Hollow and the Park Cities, this property offers convenient access to premier shopping, dining, entertainment, and everyday necessities. NorthPark Center, Preston Center, major roadways, and many of Dallas’ most popular destinations are just minutes away. Whether you are looking for a primary residence, a low-maintenance Dallas home, or an investment opportunity, this is the condo for you. Being Sold as is . Buyer and buyer’s agent to verify all information, measurements, HOA fees, and included utilities and services. It is an estate property and ready to be sold.

6349 Diamond Head Cir Unit 6349D, Dallas

$349,900

3 Beds ⋅ 2 Baths ⋅ 21415196 MLS

Good bones, real upgrades, and a backyard made for living outside. This 1957 home in Casa Linda Park in East Dallas has been cared for and updated where it counts: new HVAC inside and out (2025), water heater (2026), new front and back doors (2025), all new interior doors (2026), a new electrical panel (2021), and replacement windows and roof (2015). The drain lines from the alley to the house were replaced with PVC around 2006. Fresh interior paint throughout, with original hardwood floors in the bedrooms and hallway. The kitchen was remodeled in 2015, and a spacious second living area works as a den, game room, or home office. Out back, a large covered patio and an outdoor kitchen with a sink and grill are ready for easy evenings, with room for a hot tub and furniture. A new 8-foot fence (2021), a 10 x 16 backyard storage building, a detached two-car garage, a carport, and extra parking cover your storage and vehicles. Three bedrooms, two baths, and 1,657 square feet on a 60 x 125 lot. Come see it for yourself.

9216 Sorrento St, Dallas

$112,500

1 Beds ⋅ 1 Baths ⋅ 21424309 MLS

MUST SEE & MOVE-IN READY! Priced BELOW the 2026 appraisal value of $135,000. Incredible opportunity within walking distance to the future Dallas Mavericks arena and entertainment district. This beautifully updated corner unit features high-end finishes and premium updates completed entirely in 2026. INTERIOR: Luxury vinyl flooring with new baseboards (NO carpet!), new windows, new thermostat, new electrical panel, and designer lighting throughout. The spacious living room boasts a floor-to-ceiling stone wood-burning fireplace and French doors opening to a private balcony. KITCHEN: Features a stunning new quartz island, stainless range hood, bright white subway tile backsplash, new tile flooring, and recessed lighting. Equipped with a brand-new stainless steel Frigidaire appliance suite (5-burner slide-in range with Steam Clean, refrigerator, and built-in dishwasher), plus a new sink with a Moen Georgene pull-down faucet. BED & BATH: Oversized master suite with a new ceiling fan, a custom walk-in closet system, and a secondary storage closet. Bathroom features designer tile walls. HOA & LOCATION: Low $231 per month. HOA fee includes water, sewer, trash, security patrol, and full maintenance of the roof, yard, pool, clubhouse, and exterior structure (including exterior insurance). Property is located within the ERUV lines. Prime location near North Dallas Tollway & LBJ (635), minutes to the Galleria, Downtown, Medical District, and DFW & Love Field airports. Welcome HOME!

5623 Harvest Hill Rd Unit 2023, Dallas

$159,750

3 Beds ⋅ 2 Baths ⋅ 21424230 MLS

Fantastic investor opportunity. 3-bedroom, 2-bathroom brick home on a spacious 7,501 sf lot in the highly desirable Pleasant Grove area of Dallas (75217). 1,280 sf, built 1979, slab foundation. This solid single-family property offers strong potential for rental income or value-add in one of southeast Dallas’s more practical and accessible neighborhoods. Pleasant Grove sits roughly 8–10 miles from downtown with convenient access via I-20, I-635, and U.S. 175, plus DART bus and Green Line service nearby. The area features everyday amenities including grocery options, shopping along Buckner Boulevard, and large green spaces such as Crawford Memorial Park. Dallas ISD serves the neighborhood, with options including the School for the Talented & Gifted in Pleasant Grove and nearby elementary campuses. Median home values in 75217 remain well below the broader Dallas market, supporting investor interest in affordable entry and cash-flow potential. Cash or hard-money offers only. Sold as-is, where-is. Property is currently occupied; do not disturb occupants. No access at this time—drive-by only. No survey; buyer to purchase if desired.

10311 Kinslow Dr, Dallas

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Dallas Homes under $500,000

Newest Dallas Homes under $500,000

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