Dallas Homes under $500,000

Welcome to Dallas, Texas – a vibrant metropolis that beautifully blends Southern charm with a cosmopolitan flair. Known for its rich history, diverse culture, and booming economy, Dallas is a city that offers something for everyone. From its iconic skyline punctuated by the famous Reunion Tower to the bustling arts district, there’s always something exciting happening in this dynamic city.

For those looking to settle down in Dallas, the real estate market has plenty to offer, especially for homebuyers seeking affordability without compromising on quality. In fact, there are numerous charming homes available for under $500,000. Whether you're a first-time buyer, a growing family, or someone looking to downsize, you'll find a variety of options that cater to your needs.

Explore beautiful neighborhoods like Lakewood, where tree-lined streets and historic homes create a picturesque setting. Or consider the vibrant community of Bishop Arts District, known for its eclectic shops and local eateries, where you can find cozy homes that reflect the area’s artistic spirit. With a budget-friendly price tag, these properties not only provide a comfortable living space but also place you in the heart of Dallas's thriving culture and lifestyle.

Living in Dallas means enjoying a plethora of amenities, including top-notch schools, extensive parks, and a culinary scene that’s second to none. The city’s convenient transportation options make commuting a breeze, allowing you to explore everything from the Dallas Arboretum to the bustling downtown area.

Discover your dream home in Dallas today, where affordability meets opportunity in one of Texas's most exciting cities!

Newest Dallas Homes under $500,000

$229,000

3 Beds ⋅ 2 Baths ⋅ 21403025 MLS

Welcome to 4125 Fortune Lane, a well-maintained 3-bedroom, 1.5-bath home offering comfortable living, functional spaces, and a spacious backyard in Dallas' Marsalis Park area. Step inside to a bright living area featuring recessed lighting and an open-concept layout that flows naturally into the kitchen and dining area—perfect for everyday living or entertaining. The home offers flooring throughout with no carpet, making maintenance a breeze. The primary bedroom features a convenient private half-bath, while the additional bedrooms share a full bathroom. Fenced backyard, providing plenty of room for outdoor gatherings, relaxing, or enjoying the Texas weather. The property sits on a generous lot of approximately 7,500 square feet. Conveniently located with easy access to I-35, shopping, dining, and everyday amenities, this home is an excellent opportunity for a first-time buyer, downsizer, or investor looking for value in Dallas. Don't miss the opportunity to make 4125 Fortune Lane your next home!

4125 Fortune Ln, Dallas

$399,900

4 Beds ⋅ 4 Baths ⋅ 21407092 MLS

Don't miss your chance to make this house your home. Schedule your private showing today before it's gone! - Why You’ll Love It: Move-In Ready: Clean, neutral palette ready for your personal touch. Functional Layout: Open concept living with plenty of room for everyone. Split Bedroom Design. Storage Galore: Ample closets and cabinet space throughout. Desirable Neighborhood: Close to schools, shopping, dining, and easy highway access. - From the moment you arrive: the fantastic curb appeal of this impressive two-story home welcomes you. With a classic brick and siding façade, a spacious two-car garage, and a sun-drenched exterior, this property offers the perfect blend of suburban charm and modern comfort. - A Chef’s Kitchen with Room to Gather: The heart of the home is undoubtedly the massive kitchen. Featuring an abundance of warm wood cabinetry, sleek dark countertops, and a stylish tile backsplash, this kitchen offers incredible storage and prep space. The large island with a built-in sink and breakfast bar is perfect for quick meals or chatting with guests while you cook. Plus, the adjacent casual dining area provides a cozy spot for morning coffee. - Retreat to the Upstairs Oasis: Head upstairs to discover a massive primary suite that serves as a true private retreat. The bedroom is incredibly spacious with plush carpeting and large windows for natural light. The attached en-suite bathroom is a spa-like escape, featuring a luxurious jetted soaking tub, a separate glass-enclosed shower, and a huge walk-in closet ready for your wardrobe. - Outdoor Living & Prime Location: Step outside to your private backyard, complete with a covered patio—the ideal spot for summer BBQs or simply relaxing in the shade while the kids and pets play in the yard. - This home has been well-maintained and is priced to sell. Homes with this much space and style don't stay on the market for long!

3506 Ridge Elm Dr, Dallas

$435,000

3 Beds ⋅ 1 Baths ⋅ 21407256 MLS

This incredibly charming Austin Stone bungalow is nestled in the highly coveted neighborhood of Stevens Park Village! Known for its unique vibe and scenic pocket parks, this community offers the perfect balance of neighborhood charm and urban convenience—enjoy a seamless daily commute with easy access to Downtown Dallas and I-30.Brimming with character and modern comforts, this adorable home features a classically updated kitchen and bathroom alongside gorgeously refinished hardwoods (2021). The layout offers incredible flexibility: an enclosed side porch stands ready for an easy conversion into a private primary ensuite bath. Step out to the massive, 18’ x 16’ screened back porch—the ultimate oasis for morning coffee, evening relaxation, and peaceful bird watching.Enjoy total peace of mind with extensive capital improvements, including a new water heater (2025), modern gutters (2025), updated HVAC (2022), and a 30-year roof (2019). Located in a vibrant pocket that now has its own Conservation District, this timeless gem balances historic preservation with future equity! Studies show Conservation Districts historically trigger a marked increase in property value and long-term desirability. Schedule your tour today!

2307 Lawndale Dr, Dallas

$287,990

4 Beds ⋅ 3 Baths ⋅ 21407017 MLS

MLS# 21407017 - Built by NHC - Ready Now! ~ Model 2002 B1 - Sequoia The Sequoia Plan from our Freedom Series is a spacious 2-story home featuring 4 bedrooms, 2.5 bathrooms, and 2,002 square feet of living space, complete with a 2-car garage. Upon entering the home, you’ll pass the staircase to the upper level and a convenient half bathroom before arriving at the open concept living area. The family room flows effortlessly into the kitchen, which boasts an angled island that overlooks the dining area. This layout is perfect for family gatherings and everyday living.The upper level is designed with comfort and convenience in mind. The primary suite features a walk-in closet and a private bathroom for your retreat. Three secondary bedrooms, a full bathroom, and the laundry room complete this level, offering space and functionality for the entire household. Disclaimer: Photos may not represent the actual home. They are for illustrative purposes only and may depict a similar home with the same floorplan.

8303 Cayman St, Dallas

$139,000

1 Beds ⋅ 1 Baths ⋅ 21407215 MLS

This updated one-bedroom, one-bath condo at Tanglewood Townhomes offers 707 square feet with new windows, updated kitchen countertops, a remodeled bathroom, and new laminate flooring. A highlight of the community is the pool and grilling area beside the creek, with mature oak trees providing a shaded setting to relax or spend time with friends. The $361 monthly HOA fee includes electricity, water, trash, and grounds maintenance, helping simplify your monthly bills. An assigned covered parking space is included. Furniture is also included with some exclusions, which can help reduce the cost of getting settled.

5005 Cedar Springs Rd Unit A, Dallas

$500,000

4 Beds ⋅ 6 Baths ⋅ 21407132 MLS

$500,000 IS THE OPENING BID FOR THIS EXECUTIVE HOME BEING OFFERED FOR SELL IN A LIVE AUCTION ON FRIDAY, OCTOBER 23RD AT 12:00 NOON. Auction Registration begins at 10am. The Live Auction will be conducted at the Property. NEW CONSTRUCTION, NEVER BEEN OCCUPIED. The .28ac Property features a 5041' Custom Two Story Home with 4 Bedrooms, 4 Full Baths, 2 Half Baths, 2-Car Garage, built in 2026 with no expense spared, upgraded amenities throughout. Enjoy your privacy on this large, fenced corner lot with shopping, dining, recreation, and entertainment nearby. Easy access to I-35, I-635, Dallas North Tollway, Love Field and DFW Airport. Sells AS IS. NO CONTINGENCIES related to Financing, Post Sale Inspections or Appraisals and NO OPTION PERIOD. 10% Buyer's Premium will be added to the High Bid to constitute the Total Contract Price. Buyer's Premium is paid the day of the Auction by Cash or a Personal or Business Check will be accepted when accompanied by a Bank Letter of Guarantee or other Proof of Funds. Remaining Balance is due on Tuesday, November 24, 2026 by 5:00pm at Acrisure Title of Texas in Frisco, by Cash, Financing or a combination of both.

10921 Beauty Dr, Dallas

$449,900

4 Beds ⋅ 4 Baths ⋅ 21386313 MLS

Great opportunity to own a new construction single family home at just minutes away from uptown and downtown Dallas. With a contemporary modern look, this home offers open floor plans, four bedrooms, three and a half baths, an office, lots of storage, pantry, and a huge backyard. This new construction is part of a brand new development with six other homes.

1314 Diceman Ave, Dallas

$420,000

2 Beds ⋅ 3 Baths ⋅ 21406837 MLS

Located in one of North Dallas’s most coveted neighborhoods near Preston Trail, this stunning, renovated townhome perfectly balances refined style, modern efficiency, and access to top-tier Plano ISD schools. Step inside to an inviting layout, where the sunlit family room is elevated by luxury vinyl plank flooring, high-end new window treatments, and a cozy wood-burning fireplace framed by a classic mantle, while the dining room features a convenient wet bar. The chef-inspired kitchen serves as an inviting culinary hub, beautifully finished with quartz countertops, stainless steel appliances, and ceramic tile flooring. Highlighted by charming greenhouse windows, the kitchen fills with natural light while offering scenic views overlooking the private back garden. Ascending upstairs over fresh, low-pile carpet, you will find two spacious bedrooms alongside a dedicated, full-sized laundry area. The primary suite is a true retreat, featuring a versatile bonus room that easily adapts to your everyday needs—whether as a home office, quiet reading library, or private fitness area. The primary bathroom, renovated in 2024, showcases polished quartz countertops and a generous walk-in closet. The secondary bedroom offers exceptional comfort, complete with its own walk-in closet and a beautifully appointed bath with quartz surfaces. Out back, a private, fully fenced backyard features turf grass for ultimate ease of maintenance, creating an effortless, year-round outdoor space. Beyond aesthetics, this turnkey home offers exceptional peace of mind with major upgrades, including a new roof, newly insulated attic, and a new security system. Major systems have been comprehensively modernized, with the main HVAC replaced in 2021, a new water heater in 2023, and ultra-efficient 21 SEER split AC units in the bedrooms added in 2023. To top it all off, residents enjoy a community pool that was fully renovated in 2024.

17335 Remington Park Pl, Dallas

$380,000

4 Beds ⋅ 2 Baths ⋅ 21407074 MLS

Updated home with large backyard. A must see! Agent will need to verify all measurements. Measurements are estimated.

9051 Woodshore Cir, Dallas

$330,000

3 Beds ⋅ 2 Baths ⋅ 21406434 MLS

Welcome to a home designed for comfort, relaxation, and entertaining! Step inside to discover an inviting living room featuring a beautiful fireplace that creates a warm and welcoming atmosphere. The home offers a dedicated dining room, while the kitchen features a convenient wet bar with a sink and a charming breakfast nook, perfect for enjoying your morning coffee or casual meals. The spacious primary suite offers a beautiful bathroom designed for relaxation, featuring a walk-in shower, a soaking tub, and separate vanity areas, each with its own sink. One of the home's most unique features is the primary bedroom's direct access to a private, courtyard-style outdoor space centered around a hot tub. Surrounded by the home, this inviting retreat creates a peaceful setting to unwind. The outdoor space flows seamlessly into the pool area, creating an ideal setting for entertaining guests, hosting gatherings, or simply enjoying sunny Texas days. With its inviting interior, distinctive outdoor layout, and wonderful spaces for entertaining, this home offers the perfect blend of everyday comfort and enjoyment! **Disclaimer:** All information is deemed reliable but not guaranteed. Buyers and buyers' agents are responsible for independently verifying all property details, measurements, features, and information.

2712 Dali Dr, Dallas

$257,990

3 Beds ⋅ 3 Baths ⋅ 21407029 MLS

MLS# 21407029 - Built by NHC - Ready Now! ~ Model 1600 A1 - Seminole The Seminole Plan from our Celebration Series delivers a thoughtfully designed two-story layout that balances open living spaces with private retreats. With 3 bedrooms, 2.5 bathrooms, and 1,600 square feet of well-planned living space, this home is designed to support the way you live today. The main level welcomes you with a covered front porch and inviting foyer, leading into an open kitchen, dining, and living area that creates a natural flow for everyday living and entertaining. A patio door off the dining and living space extends the home outdoors, while a conveniently located half bath adds functionality for guests. Upstairs, a versatile loft provides flexible space for relaxing, working, or play. The private primary suite features a walk-in closet and a dedicated bath, offering a comfortable place to unwind. Two secondary bedrooms share a full bathroom, and the upstairs laundry room adds everyday convenience right where you need it. Disclaimer: Photos may not represent the actual home. They are for illustrative purposes only and may depict a similar home with the same floorplan.

8307 Cayman St, Dallas

$272,000

2 Beds ⋅ 2 Baths ⋅ 21396552 MLS

Fresh updates meet a convenient Dallas location in this 2-bedroom, 2-bath condo offering 1,146 square feet of inviting living space. New flooring, fresh paint, and brand-new appliances create a refreshed feel, while updates to both bathrooms add a polished touch. Enjoy easy first-floor access and simplified monthly expenses with utilities covered by the HOA. Set in an established neighborhood near SMU, Central Market on Lovers Lane, and Whole Foods Market in Lakewood, this home puts grocery runs, dining, and shopping conveniently within reach. Thoughtful updates, neighborhood character, and proximity to popular Dallas destinations make this a welcoming place to call home.

4933 Skillman St Unit 147, 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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