# 5012 Wateka Drive, Dallas, TX

> This Residential listing has 3 Beds, 2 Full Baths. Schedule a showing for 5012 Wateka Drive in Dallas, TX.

- Price: $640,000
- Status: Closed
- Property Type: Residential
- MLS ID: 21372203
- Features: 3 Beds, 2 Full Baths
- Photo: https://prd-pbgo-mls-photos.s3.amazonaws.com/ntreis/properties/photos/572395768_d4dd1d120c867a60732636b1b695ba66.jpg

## 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!

## Attribution

All listings featuring the  icon are provided courtesy of North Texas Real Estate Information Systems, Inc. (NTREIS), Copyright 2026. All rights reserved.

All information is believed accurate but not guaranteed. The properties displayed may not be all of the properties available through the IDX Program. Any use of this site other than by potential buyers or sellers is strictly prohibited.

North Texas Real Estate Information Systems, Inc. data last updated on October 14, 2026 03:14 AM - CT

Property last updated: October 14, 2026 03:14 AM - CT.