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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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5012 Wateka Dr , Dallas, TX 75209
$640,000
Est. Payment: $3,594.71/mo
3 Bed
2 Bath
1892 Sqft
0.18 Acres
Status: pending | Days on site: 14
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House 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!

Highlights

Listed by Jason Dixon , VIP Realty , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
0.18

Year Built

1946

County

Dallas

Neighborhood

Greenway Village Rev

School District

Dallas ISD

Listing ID

21372203

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Dishwasher, Washer
Other:
  • ▪ Additional:Built-in Features, Walk-In Closet(s), Master on Main

Exterior Features

Lot:Less Than .5 Acre (not Zero)
Parking Features:Asphalt,Concrete
Principal Interest
$3,595
Taxes
$1,206

Home Price

$640,000

Loan Details

30 yrs
7.542%

Down Payment

20%
$128,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,594.71

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,594.71 $1,206.17 $0.00 $4,800.88
Yearly $43,136.58 $14,474.00 $0.00 $57,610.58
Total $1,294,097.29 $434,220.00 $0.00 $1,728,317.29

Today's Rates

30 Year

7.54%

20 Year

7.2%

15 Year

6.73%

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Market insight data is pulled from the same city as the listing being viewed (Dallas, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-11T18:08:57.717Z

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