$640,000

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!

Property Facts & Features

Property Type

Single Family

Status

Closed

Listed

Aug 27, 2026

Sold

Oct 12, 2026

Price per Sq Ft

$338/sqft

ZIP Code

75209

Full Baths

1

Stories

1

Parking

Asphalt, Concrete

Style

Detached

Property Tax (2025)

$14,473/yr

Assessed Value

$650,000

Neighborhood

Greenway Park

County

Dallas

School District

Dallas Independent School District

Estimated Value

Automated estimate. Not an appraisal.

Features & Amenities

Location

Lat 32.84394 · Lng -96.82562