Single-story residence featuring a front entry, bay window, concrete driveway, and mature landscaping
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5012 Wateka Drive

Dallas, Texas 75209
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Bed 3

Bed

Bath 2

Bath

SqFt1,892

Sqft

Acres0.19

Acre(Lot)

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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Detail Ic Property Details

Property Type : Residential

Price : $640,000

AD Id : 90843723

MLS Id : 572395768

Beds : 3

Lot Size : 0.19 Acre

Living Area Size : 1,892

Year Built : 1946

County : Dallas

Subdivision: Greenway Village Rev

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Feature Features

  • Bedroom Information

    Total Bedrooms: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2 Half Baths: 0
  • Interior Features

    Built-in Features,Walk-In Closet(s)

    Appliances

    Dishwasher,Washer

    Utilities

    City Sewer,City Water
  • Fireplace

    Number of Fireplaces: 1 Fireplace Features: Wood Burning

  • Building Information

    Built Year: 1946

  • Lot Information

    Lot Size (Acr): 0.1850 Lot Size Units: Acres Lot Size Square Feet: 8,059
  • Property Information

    SQ ft (Living Area): 1,892 Property Type: Residential Property Sub Type: Single Family Residence Subdivision: Greenway Village Rev City: Dallas State: Texas Directions: Off inwood near the airport. Property Status: Active Levels: One Property Age: 80

  • Listing Price Information

    Original List Price: $640,000 List Price Tot SqFt: $338
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 00000346945000000 Tax Block: 24911 Tax Legal Description: GREENWAY VILLAGE BLK 2/4911 LT 8 VOL97054/125 Tax Lot: 8 Unexempt Taxes: $14,474

  • Parking Information

    Carport Spaces: 0 Parking Features: Asphalt,Concrete
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Maplelawn Middle School: Medrano High School: Jefferson School District: Dallas ISD
  • Utility Information

    Utilities: City Sewer,City Water
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5807 Glen Falls Lane, Dallas, TX, 75209 $9,295,000 5 8 9,118 0.51 Acre
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5638 Greenbrier Drive, Dallas, TX, 75209 $3,599,000 4 5 4,465 0.29 Acre
5615 Purdue Avenue, Dallas, TX, 75209 $2,795,000 4 4 4,346 0.17 Acre
5622 Amherst, Dallas, TX, 75209 $2,745,000 5 7 4,780 0.17 Acre
5152 Brickellia Drive, Dallas, TX, 75209 $599,000 3 4 1,799 0.04 Acre
5160 Brickellia Drive, Dallas, TX, 75209 $625,000 3 4 1,895 0.04 Acre
5356 Drane Drive, Dallas, TX, 75209 $5,200,000 6 6 7,171 0.52 Acre
5105 Artemesia Lane, Dallas, TX, 75209 $950,000 3 4 3,224 0.10 Acre
5338 W University Boule.., Dallas, TX, 75209 $1,795,000 4 4 2,978 0.35 Acre
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 09/08/2026 @ 08:37

MLS: 572395768 LISTED BY: Jason Dixon, VIP Realty 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

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