Dallas Homes under $200,000

Welcome to Dallas, Texas—a vibrant city known for its rich history, dynamic culture, and diverse communities. Nestled in the heart of the Lone Star State, Dallas is a thriving metropolis that offers a unique blend of urban sophistication and Southern charm. With its iconic skyline, world-class dining, and an array of entertainment options, Dallas is a place where opportunity and excitement abound.

For homebuyers seeking affordability without compromising on quality of life, Dallas presents an enticing opportunity with homes available for under $200,000. This price point opens the door to a variety of charming neighborhoods, each with its own distinct character. From the historic streets of Old East Dallas to the family-friendly parks of Pleasant Grove, there’s a perfect nook for every lifestyle.

Imagine settling into a cozy bungalow with easy access to local markets, community events, and beautiful green spaces. Whether you're a first-time buyer, a savvy investor, or looking to downsize, Dallas offers an impressive selection of homes that fit your budget. The real estate market here is not only diverse but also thriving, making it an ideal time to explore your options.

With a robust economy, top-notch schools, and a welcoming community, Dallas is more than just a place to live—it's a place to thrive. Discover your dream home in this dynamic city, where the possibilities are endless and the charm is undeniable. Embrace the Dallas lifestyle today!

Newest Dallas Homes under $200,000

$185,000

3 Beds ⋅ 1 Baths ⋅ 21407477 MLS

Amazing East Dallas mid century ranch opportunity! This 3 bedroom brick home sits on an oversized lot with a detached 2 car garage. Original oak hardwoods throughout, period style tile in the bathroom, original kitchen, and great opportunity for someone to get a house way under value and bring it back to its former glory! Priced to sell As-Is with no repairs being made by seller.

10308 Estacado Dr, Dallas

$155,000

3 Beds ⋅ 1 Baths ⋅ 21407364 MLS

Opportunity awaits at 7642 Woodspan Drie in the Polk Terrace neighborhood of Southwest Dallas. This 3-bedroom, 1-bath home offers 1,041 square feet and a chance to update, renovate, and make the property your own. The location is a major advantage with Willoughby Park, Danieldale Park & Sprayground and Umphrey Lee Elementary School nearby for outdoor recreation. Situated with easy access to Interstate 20 and 35, the property also offers convenient access to Downtown Dallas and major routes throughout the metroplex. The home provides a solid starting point for someone ready to bring fresh ideas and improvements to the space. Whether the vision includes cosmetic updates, a larger renovation, or a complete transformation, there is plenty of opportunity to add value and create something unique. A solid option for those looking to personalize a well-located property in an established neighborhood. This property is being sold as-is, ready for renovation, customization, or updates that may add value. The property has great potential and offers an opportunity for a hands-on renovation or improvement project. NO SIGHT UNSEEN OFFERS.

7642 Woodspan Dr, Dallas

$139,000

1 Beds ⋅ 1 Baths ⋅ 21407215 MLS ⋅ Tanglewood Townhome Condo BLDG.

This updated one-bedroom, one-bath condo at Tanglewood Townhomes offers 707 square feet with new windows, updated kitchen countertops, a remodeled bathroom, and new laminate flooring. A highlight of the community is the pool and grilling area beside the creek, with mature oak trees providing a shaded setting to relax or spend time with friends. The $361 monthly HOA fee includes electricity, water, trash, and grounds maintenance, helping simplify your monthly bills. An assigned covered parking space is included. Furniture is also included with some exclusions, which can help reduce the cost of getting settled.

5005 Cedar Springs Rd Unit A, Dallas

$79,900

1 Beds ⋅ 1 Baths ⋅ 21401393 MLS ⋅ Park Town Condominiums BLDG.

Welcome to this charming 1-bedroom, 1-bath condo ideally situated just one mile from NorthPark Center and minutes from SMU, upscale shopping, dining, entertainment, and major medical centers. Whether you're a first-time buyer, investor, or looking to downsize, this property offers an excellent opportunity in a highly convenient location.The functional floor plan features a bright and inviting living area with a fireplace and access to a private front patio, along with a dedicated dining space conveniently located off the kitchen. The spacious bedroom features its own private balcony, providing an additional outdoor patio. The unit also offers washer and dryer hookups and one covered parking space. Enjoy easy access to NorthPark Center, SMU, White Rock Creek Trail, Central Expressway, public transportation, and numerous shopping, dining, and entertainment options. With its central location and versatile floor plan, this condo offers both convenience and investment potential. Schedule your showing today! Property is being sold AS-IS.

7126 Holly Hill Dr Unit 304, Dallas

$165,000

3 Beds ⋅ 1 Baths ⋅ 21403317 MLS

Price Improvement! Welcome to this charming 3-bedroom, 1-bath home offering a functional layout, abundant natural light, an attached garage, and a unique private atrium—perfect for morning coffee, plants, or a peaceful outdoor retreat. Whether you’re a first-time buyer looking to build equity or an investor searching for your next opportunity, this home is full of potential and ready for your personal touch. Conveniently located with easy access to shopping, dining, and major highways. Schedule your showing today!

10319 Waterbury Dr, Dallas

$199,900

4 Beds ⋅ 2 Baths ⋅ 21382056 MLS ⋅ 900 E Woodin Blvd BLDG.

BUILD OR RENOVATION OPPORTUNITY. Only drive-by showings are allowed at this time. If the buyer is interested, we can coordinate a tour of the property. Home being sold AS-IS whereas. No repairs to be made by the owner.

900 E Woodin Blvd, Dallas

$150,000

1 Beds ⋅ 1 Baths ⋅ 21406485 MLS ⋅ Belle Meadow Condominium BLDG.

Discover effortless, lock-and-leave luxury in the heart of North Dallas at Belle Meadow, an intimate gated community surrounded by mature trees and beautifully maintained grounds. This charming second-floor, end-unit residence offers an inviting blend of style, comfort, and convenience in an exceptional location. Inside, a light-filled living area features rich hardwood floors, a cozy fireplace, and access to a private balcony overlooking the sparkling community pool and peaceful courtyard—an ideal setting for morning coffee or unwinding at day's end. The thoughtfully updated kitchen features granite countertops, a decorative tile backsplash, generous cabinetry, a breakfast bar, and stainless steel appliances, including a refrigerator that conveys. A spacious primary bedroom offers a comfortable retreat, while a dedicated laundry area adds everyday convenience. Residents enjoy beautifully landscaped grounds, a community pool, secure gated access, and assigned parking. Ideally positioned just half a mile from Preston Hollow Village, with its popular restaurants, boutiques, and Trader Joe's, this exceptional location also offers convenient access to SMU, Downtown Dallas, major airports, and some of the city's finest shopping, dining, and entertainment. With HOA dues that include electricity, water, and insurance, this residence presents a wonderful opportunity for sophisticated, low-maintenance living in one of North Dallas's most convenient locations.

7705 Meadow Park Dr Unit 209, Dallas

$160,000

3 Beds ⋅ 2 Baths ⋅ 21403809 MLS

This property is an investor’s dream or the perfect opportunity for someone ready to reimagine a space and make it their own. The rock fireplace serves as the focal point of the living room, creating a warm and cozy atmosphere. Located toward the rear of the home, the kitchen offers convenient access to the backyard, where a spacious patio and large yard provide plenty of room for entertaining family and friends. The long driveway extends all the way to the back of the house, offering convenient access and additional possibilities. Come see the potential for yourself and imagine all the ways you can transform this property into your dream home.

6645 Racine Dr, Dallas

$155,000

2 Beds ⋅ 2 Baths ⋅ 21402612 MLS ⋅ Creekbend Condo BLDG.

Great opportunity to reside or own a rental property in the gated Creekbend Condominiums! Creekbend complex is undergoing a major renovation with new roofs already installed, new exterior improvements including paint throughout the complex, and paving upgrades. This 2-bedroom, 2-bath condo, is currently rented (tenant has been there for a long time), and offers 998 sq ft of living space plus assigned covered carport parking. Residents enjoy community pools, a tennis court and a clubhouse, and HOA dues cover grounds and structure maintenance, insurance and full use of the amenities. Located in Richardson ISD just minutes from Richland College, with easy access to I-635 and US-75 for a quick commute anywhere in Dallas. INVESTORS TAKE NOTE: Seller is also selling 4 more units currently rented at the same price of $155,000 - a rare chance to buy multiple units at once. Ask about purchasing more than one unit!

12484 Abrams Rd Unit 1623, Dallas

$200,000

3 Beds ⋅ 2 Baths ⋅ 21406350 MLS

Calling all investors, home flippers, and buyers looking for their next renovation project! Located at 1441 Wagon Wheels Trail in Dallas, this brick home offers 3 bedrooms, 2 bathrooms, a converted garage, and plenty of potential to renovate, update, or reimagine to maximize its value. Situated on a generous 7,800-square-foot lot (65 x 120), the property provides ample outdoor space and opportunities for improvements. Conveniently located approximately 20 minutes from Downtown Dallas, with access to major highways, shopping, dining, grocery stores, parks, and everyday conveniences. Whether you're looking for your next fix-and-flip project, a potential rental investment, or a property to renovate and make your own, this is an opportunity to bring your vision to life. Property is being sold AS-IS, WHERE-IS. Seller will make no repairs. Bring your contractor, explore the possibilities, and take advantage of this investment opportunity in Dallas!

1441 Wagon Wheels Trl, Dallas

$122,500

1 Beds ⋅ 1 Baths ⋅ 21403598 MLS ⋅ Trinity Forest Complex BLDG.

Enjoy a cozy fireplace, separate dining area, and a small patio perfect for morning coffee or relaxing outdoors. Full-size stacked washer and dryer connections add everyday convenience. HOA dues under $200 per month cover water, grounds maintenance and community amenities, including a swimming pool. Previously used as an Airbnb, this condo offers furnishings that can be negotiated with the sale, making your move even easier. A welcoming place to call home. Schedule your showing today!

9254 Forest Ln Unit 106, Dallas

$165,000

2 Beds ⋅ 3 Baths ⋅ 21405934 MLS ⋅ High Hollows BLDG.

Opportunity knocks with this 1632 sq ft condo in High Hollows that is priced under market value! This 2 bedroom, 2.1 bathroom condo includes a large office that can be used as a third bedroom. There are two beautiful living spaces with soaring ceilings, real wood flooring, and a brick wood burning fireplace. Both bedrooms are huge, have large walk in closets, wood flooring, and en suite bathrooms. The primary bedroom also includes a private balcony! Bathrooms include updated showers with a walk in shower in the master bathroom and a tub-shower combo in the second bathroom, as well as granite countertops and updated sinks. The kitchen includes granite countertops and stainless steel appliances. AC was replaced with a BRAND NEW 3.5 ton unit July 2026! Two covered parking spaces are included. ENTIRE INTERIOR OF PROPERTY JUST PAINTED - CABINETS, WALLS, TRIM, AND DOORS!

10437 High Hollows Dr Unit 220, Dallas

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Data last updated on 06/28/2017.

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