HomesDallas › 5012 Wateka Drive
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$640,000

5012 Wateka Drive

Dallas, TX 75209 · Greenway Village Rev · Dallas County
PendingMLS #21372203 · SingleFamilyResidence
3Beds
2Baths
1,892Sq Ft
0.185Acres
1946Built

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!

School district (per MLS): Dallas ISD. School ratings and attendance zones: verify at GreatSchools.org and with the district.
Information provided for general reference; buyers should independently verify schools, districts, and community details.

Courtesy of VIP Realty — listing agent Jason Dixon
Contact the listing firm: 214-295-4888 · info@viprealtyinfo.com

Listing updated Sep 11, 2026, 3:51 PM CT
Presented by James Baker, Broker · MTX Realty, LLC · TREC #640642-B

Listing data last updated Sep 12, 2026, 1:58 AM CT

Information deemed reliable but not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 North Texas Real Estate Information Systems, Inc. (NTREIS). All rights reserved. Data last updated Sep 12, 2026, 1:58 AM CT.

Listings marked with the NTREIS logo are provided through the NTREIS Internet Data Exchange (IDX) program. IDX data may not be reproduced or redistributed. Status key: Active means available; Active Under Contract and Pending mean under contract but not yet closed. To report an inaccuracy, call or text 817-756-9642 or email jhbakerjr@gmail.com.