5012 Wateka Drive
Dallas, TX, 75209
$640,000
3 Beds
2 Baths
1,892 SqFt
0.19 Acres
MLS #21372203 image #0

Location

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!

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

Property Details

Price:
$640,000
MLS #:
21372203
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Greenway Village Rev
Listed Date:
Aug 28, 2026
Finished Sq Ft:
1,892
Lot Size:
8,058 sqft / 0.19 acres (approx)
Year Built:
1946
Greenway Village RevDallas IsdMaplelawnMedranoJefferson

Schools

School District:
Dallas ISD
Elementary School:
Maplelawn
Middle School:
Medrano
High School:
Jefferson

Interior

Bathrooms Full
2
Fireplace Features
Wood Burning
Fireplaces Total
1
Interior Features
Built-in Features, Walk- In Closet(s)
Number Of Living Areas
2

Exterior

Lot Size Area
0.1850

Financial

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

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Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.

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Community

Subdivisions in Dallas

Market Summary

Current real estate data for Single Family in Dallas as of Sep 01, 2026
3,484
Single Family Listed
80
Avg DOM
299
Avg $ / SqFt
$908,126
Avg List Price

Property Summary

    Located in the Greenway Village Rev subdivision, 5012 Wateka Drive Dallas TX is a Single Family for sale in Dallas, TX, 75209. It is listed for $640,000 and features 3 beds, 2 baths, and has approximately 1,892 square feet of living space, and was originally constructed in 1946. The current price per square foot is $338. The average price per square foot for Single Family listings in Dallas is $299. The average listing price for Single Family in Dallas is $908,126. To schedule a showing of MLS#21372203 at 5012 Wateka Drive in Dallas, TX, contact your Aaron Layman Properties agent at 940-209-2100.
5012 Wateka Drive
Dallas, TX