New Construction
Listed By:
VIP Realty
Address
5012 Wateka Drive, Dallas, TX
Price
$ 640,000
Property Attributes
  • MLS#21372203
  • TypeSingle Family
  • Listing Status Active
  • CountyDALLAS
  • CityDallas
  • NeighborhoodGreenway Village Rev
  • Zip75209
  • StyleSingle Family Residence
  • Year Built1946
  • Taxes$ 14474
  • Price$ 640,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1892
  • Lot Size0.185 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

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!

Elementary School
Maplelawn Elementary School
Price History
8/28/2026 Listed $640,000

General Features

Utilities City Sewer,City Water
Possession Closing/Funding
Appliances Dishwasher,Washer
School District Dallas ISD
Year Built 1946
Levels One
Unexempt Taxes 14474
Will Subdivide No
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
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21372203
Standard Status Active

Interior Features

Interior Features Built-in Features,Walk-In Closet(s)
Fireplace Features Wood Burning
Fireplaces Total 1
Dining Areas 1
Living Areas 2
Room Count 8
Lock Box Type Combo
Total Bedrooms 3
Total Baths 2

Exterior Features

Parking Features Asphalt,Concrete
Lot Size Less Than .5 Acre (not Zero)
Lot Size Area 0.1850
Lot Size Units Acres
Structural Style Single Detached
Lot Size Square Feet 8058.6000
Lot Size Acres 0.1850

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 75209

Price
AVG $1.92M
$640K
Taxes
AVG $25,092
$14,474
Year Built
AVG 2001
1946
Visits
AVG 180
13
Data Provided by Inside Real Estate®

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