Lake Dallas Homes under $500,000

Welcome to Lake Dallas, Texas – a hidden gem nestled in the heart of Denton County! This charming city, located just 30 miles north of Dallas, offers the perfect blend of small-town charm and modern conveniences. With its picturesque views of Lake Lewisville and a vibrant community spirit, Lake Dallas is an ideal place for families, young professionals, and retirees alike.

One of the standout features of Lake Dallas is its affordability. Homebuyers will be delighted to discover a variety of beautiful homes available for under $500,000. Whether you’re searching for a cozy single-family residence, a spacious townhome, or a delightful cottage, Lake Dallas has something to fit every taste and budget. Many of these homes boast modern amenities, inviting yards, and easy access to nearby parks and recreational activities, making it the perfect backdrop for your next chapter.

The city is known for its friendly atmosphere and strong sense of community, with local events and gatherings that bring residents together. Enjoy leisurely strolls along the scenic waterfront, partake in community festivals, or explore the numerous dining and shopping options nearby. With excellent schools and a range of outdoor activities, including boating, fishing, and hiking, Lake Dallas truly offers a lifestyle that is both enriching and enjoyable.

If you’re ready to find your dream home in a welcoming community that values quality living, look no further than Lake Dallas. With a diverse selection of homes under $500,000, your perfect home awaits in this delightful Texas city!

Newest Lake Dallas Homes under $500,000

$375,000

4 Beds ⋅ 3 Baths ⋅ 21404610 MLS

Come see this beautifully updated Lake Dallas home featuring a spacious, open floorplan designed for everyday living and entertaining. The kitchen flows seamlessly into the main living area, complemented by wide-plank wood-look laminate flooring in rich gray tones, soft gray walls, and crisp white trim. The inviting living area features a beautifully renovated stone fireplace, adding warmth and character to the space. The front flex space offers versatility as a second living area, formal dining room, or additional entertaining space. The downstairs also features a dedicated office and full bath. Upstairs, you’ll find all four bedrooms along with two full baths, including a renovated primary bathroom. Additional improvements include eight replaced downstairs windows and a replaced dishwasher. Enjoy neighborhood amenities including a park and playground—all with no HOA! Outdoor recreation is close at hand with Big Sandy Boat Ramp, Lake Lewisville, and area parks, while easy access to I-35 and the toll bridge provides convenient connections to Little Elm and Frisco.

322 Ashley Oak Ln, Lake Dallas

$430,000

3 Beds ⋅ 2 Baths ⋅ 21395392 MLS

Lake Dallas gem! 402 Brookside Drive is a charming single-story home backing to a beautiful, tree-filled greenbelt with no rear neighbors. This 3-bedroom, 2-bath home offers 2,052 square feet, a 2-car garage, flexible living spaces, and a beautiful backyard. A large covered front porch creates wonderful curb appeal and a welcoming first impression. Inside, natural light and an easy, comfortable layout set the tone. Just off the entry, formal living and dining rooms feature plantation shutters and skylights, creating bright, versatile spaces that can easily adapt as a home office, sitting room, playroom, or additional entertaining area. The main living room feels warm and welcoming with wood flooring, a fireplace, built-in shelving, and a wall of windows framing views of the backyard. The kitchen offers a center island with breakfast bar, generous cabinetry, and an adjoining breakfast area surrounded by windows, with a door opening directly to the outdoors. The spacious primary suite provides a relaxing retreat with its own sitting area and an ensuite bath featuring a soaking tub, separate walk-in shower, dual sinks, and walk-in closet. Two additional bedrooms and a full bath complete the thoughtfully arranged floor plan. The backyard is truly one of the home’s standout features. A covered deck overlooks a large, heavily treed yard backing to a greenbelt, creating a peaceful setting for morning coffee, outdoor dining, gardening, or simply enjoying the natural surroundings. Mature trees, established landscaping, and plenty of outdoor space give the property a tucked-away feel while still being close to everyday conveniences. With its welcoming front porch, flexible floor plan, multiple living areas, fireplace, wood flooring, spacious primary suite, and serene greenbelt setting, 402 Brookside Drive is filled with character and offers an inviting place to call home.

402 Brookside Dr, Lake Dallas

$339,444

3 Beds ⋅ 2 Baths ⋅ 21403186 MLS

Welcome to 632 Montgomery Drive in Lake Dallas! Located just minutes away from Lake Lewisville, this meticulously maintained 3-bedroom, 2-bathroom home offers 1,716 square feet of comfortable living space with an inviting open floor plan, two dining areas, and an abundance of natural light. Laminate wood flooring flows throughout the main living areas, creating a warm and welcoming feel. The spacious kitchen features an abundance of cabinetry for storage and plenty of room for meal prep and entertaining, opening seamlessly to the living and dining spaces. A split-bedroom layout provides added privacy, with the generously sized primary suite tucked away from the secondary bedrooms. The oversized primary suite offers plenty of room to relax and features TWO closets for exceptional storage. The ensuite primary bathroom is a true retreat, complete with a beautifully tiled walk-in shower, double vanity, large soaking tub, and a generous window that fills the space with natural light. Step outside to beautifully maintained landscaping and lush, healthy grass, creating a welcoming curb appeal and enjoyable outdoor space. Major exterior updates include a BRAND-NEW ROOF, GUTTERS and FENCE STAIN, ALL COMPLETED SEPTEMBER 2026! Privately owned property directly behind the home creates an added sense of peace. Conveniently located in Lake Dallas, this home combines thoughtful updates, functional living spaces, and a comfortable layout. Lake Dallas ISD's School Of Choice Program offers eligible students additional enrollment flexibility, subject to campus availability and district approval. Come see all this home has to offer! **VA LOAN ASSUMABLE at 3.99% for qualified buyers. Contact listing agent for assumption details and eligibility requirements. Buyer to verify to verify all loan terms and eligibility with lender* *Select furniture and appliances are negotiable- ask the listing agent for details*

632 Montgomery Dr, Lake Dallas

$399,000

4 Beds ⋅ 3 Baths ⋅ 21402616 MLS

Welcome to 518 Briaroaks Drive in Lake Dallas! This spacious 4-bedroom, 2.5-bath home, with fireplace and 2-car garage, offers a functional floor plan with plenty of room to live, work, and gather. Recent updates make this home move-in ready, including NEW ROOF shingles installed in September 2026. Kitchen updates include and a NEW GAS RANGE and new farm-style kitchen sink and faucet. New lighting throughout the home, as well as updated outlets and light switches. The first floor features luxury vinyl plank flooring in the the living room, office, and utility room. All bedrooms including the primary are located on the second floor, with new carpet on the stairs and second floor. Bathrooms have also been refreshed with new updated vanities, sinks, faucets, and toilets. With four bedrooms, a dedicated office space, formal dining and thoughtful updates throughout, this home offers space and flexibility for today's lifestyle. Jackson Ranch amenities include a community pool and park. Convenient access to I-35E, with easy access to shopping, dining, schools, major roadways, and nearby Lake Lewisville.

518 Briaroaks Dr, Lake Dallas

$299,900

3 Beds ⋅ 2 Baths ⋅ 21401517 MLS

Welcome to 738 Harbour Town Dr in Lake Dallas! This newly remodeled 3-bedroom, 2-bathroom home offers spacious living space with a functional single-story layout. The home features a open concept living area, a well-equipped kitchen, and plenty of natural light throughout. The primary bedroom includes its own private bathroom, while two additional bedrooms provide great space for family, guests, or a home office. Enjoy the convenience of an attached 2-car garage, a fenced backyard with plenty of space, and a workshop with electricity already wired in. Located in an established Lake Dallas neighborhood with convenient access to Main St, shopping, dining, schools, and nearby Lake Lewisville. This home offers a great combination of space, location, and convenience and is ready for its next owner. Schedule a showing today!

738 Harbour Town Dr, Lake Dallas

$119,000

3 Beds ⋅ 1 Baths ⋅ 21399093 MLS

LAKE LOVERS & LAKE RATS — THIS ONE IS FOR YOU! Rare opportunity near Lake Lewisville! This property is being sold AS-IS and priced at market land value. The existing home has no contributory value, so buyers should enter the property at their own risk and conduct their own due diligence. The real opportunity is the land and location — create your own lake house, weekend getaway, or forever home in a location that puts you within walking distance of the marina and close to everything that makes lake living so much fun. Bring your vision, your boat, your golf cart and your love for the lake! Whether you're dreaming of a full-time lake lifestyle or your own weekend retreat, this property offers the location to make it happen. Motivated seller is ready to consider all offers! Calling all lake rats — come take a look and see the possibilities for yourself!

604 Moseley St, Lake Dallas

$375,000

3 Beds ⋅ 2 Baths ⋅ 21397406 MLS

Welcome to this inviting 3-bedroom, 2-bath brick and stone home in a quiet Lake Dallas neighborhood. With 1,659 square feet of living space, a landscaped yard and a 2-car garage, it offers a comfortable place to come home to. Step inside to an open floor plan that brings the living room, dining area and kitchen together. Whether you’re hosting friends around the table or settling in for a quiet evening, the layout makes it easy to enjoy the space. The kitchen is ready for everyday meals and special gatherings alike, with an island, granite countertops, a gas stove and oven, and a walk-in pantry that keeps essentials close at hand. The primary bedroom is set apart from the other bedrooms, offering a peaceful place to unwind. Its ensuite bath features dual sinks, a shower, a large linen closet and a walk-in closet. At the front of the home, two additional bedrooms each have generously sized closets and share a full bathroom. A separate laundry room provides space for a full-size washer and dryer, with a built-in shelf above for added convenience. From its welcoming exterior to its open living spaces, this Lake Dallas home offers a layout that feels easy to live in and easy to love.

214 Luna Ln, Lake Dallas

$349,900

3 Beds ⋅ 2 Baths ⋅ 21390119 MLS

Welcome home to 12026 Streambed Drive in the highly desirable Triple Creek community! This impressive 3 bed 2 bath 2-story residence combines incredible style with a thoughtfully designed interior featuring fresh modern interior paint throughout, updated baseboards, and soaring tray ceilings framed by elegant crown molding. The well-appointed kitchen features premium countertops and sleek stainless steel appliances, seamlessly connecting to an open floor plan with refreshed interior flooring and a serviced fireplace. Upstairs, unwind in the peaceful primary suite complete with generous walk-in closets. Step outside to your private patio overlooking a freshly landscaped yard with a fully powerwashed exterior and repainted siding and trim. Nestled in a desirable neighborhood, you are just minutes from everything you need—don't wait, schedule your tour today!

737 Oak Dale Ave, Lake Dallas

500 Waters Edge Dr Unit 234, Lake Dallas

$325,000

3 Beds ⋅ 2 Baths ⋅ 21393826 MLS

Third floor, top floor condo on Lewisville Lake with 3 bedrooms, 2 full baths, 1,450 square feet, elevator access, attic storage only for those on the top floor, two covered parking spaces and a covered balcony with a lake view. Located in the gated Waters Edge community in Lake Dallas, this unit combines a functional single level floor plan with features that can be difficult to find in condo living. The kitchen has updated countertops and backsplash, stainless steel appliances, extensive wood cabinetry and a breakfast bar overlooking the living area. The kitchen, dining and living spaces are connected, while still providing defined areas for each. There is no carpet; engineered hardwood flooring runs through the main living areas and bedrooms, with tile in the wet areas. The primary bedroom has direct balcony access and an ensuite bath with dual sinks, separate walk-in shower, jetted tub and walk-in closet. The covered balcony includes a retractable screen and overlooks a wooded area with views of Lewisville Lake. As a top floor unit, there are no neighbors above, and the attic provides additional storage not commonly found in a condo. Waters Edge is a gated community with a pool, spa and beach access to Lewisville Lake. There's a workout gym with a treadmill, equipment, and free weights. You also have access to a community room with a full kitchen. Built in 2005, this move-in-ready condo offers lake access, elevator service, covered parking and low-maintenance living with convenient access to Lake Dallas and I-35E.

500 Waters Edge Dr Unit 234, Lake Dallas

$344,000

3 Beds ⋅ 2 Baths ⋅ 21386302 MLS

Spacious single-story home on a corner lot in Lake Dallas with a flexible floor plan, large backyard and several significant updates already completed. Built in 1998, this 3-bedroom, 2-bath home also includes a dedicated office plus a second living area that can easily serve as an additional office, game room, media room or other flex space. The large sunroom is filled with windows and natural light, creating another inviting space to relax, entertain or enjoy the backyard year-round. The split-bedroom layout offers added privacy, while the primary suite includes walk-in closet space and a bath with garden tub and separate shower. Outside, the generous yard includes a separate fenced area ideal for a dog or dedicated pet space, along with fencing replaced last year. A 2-car garage provides additional parking and storage, and there is NO HOA. Recent improvements include fresh interior paint, new kitchen tile, new laminate flooring in one bedroom, two new windows and a sprinkler system that was recently serviced and is working well. Major updates include a new roof installed in August 2023, conversion to a tankless water heater, and a new exterior AC compressor installed in July 2024 with a 12-year warranty. Conveniently located near Lewisville Lake with easy access to I-35, parks, recreation, shopping and surrounding Denton County destinations. A comfortable, versatile home with plenty of room inside and out.

701 Carlisle Ct, Lake Dallas

$345,000

3 Beds ⋅ 2 Baths ⋅ 21387481 MLS

Lake life, an easy commute, and a floor plan that knows how to be flexible—this Lake Dallas home brings all three together. Located near the Willow Grove Park trails and Lewisville Lake, this single-story home offers three bedrooms, two full bathrooms, and a bonus flex room ready to become your home office, dining room, second living area, or whatever your life needs next. The kitchen features stainless steel appliances, tile flooring, a center island, breakfast bar, and a sunny breakfast nook for everything from morning coffee to weeknight takeout. At the back of the home, the sunroom adds even more usable space and would make a fantastic game room, hobby area, playroom, or relaxed spot to hang out. Outside, the privacy-fenced backyard backs to mature trees instead of another row of houses, giving the space a more peaceful, tucked-away feel. With quick access to I-35, you’re positioned between Corinth and Lewisville—approximately 20 minutes from DFW Airport and 35 minutes from Dallas. Whether you’re heading to work, catching a flight, hitting the lake, or staying home for game night, this one makes everyday life a little easier—and a lot more fun.

606 Lake Bridge Dr, Lake Dallas

$280,000

3 Beds ⋅ 2 Baths ⋅ 21385640 MLS

UNDER $300,000 with NO HOA! Welcome to 321 Texas Drive in Lake Dallas, a well-maintained three-bedroom, two-bath home offering 1,320 square feet, a two-car garage, and a fenced backyard. Neutral colors throughout create a bright, welcoming feel and provide an easy canvas to make the home your own. Thoughtfully maintained and comfortably sized, this property offers a great opportunity for a variety of buyers. First-time homeowners can enjoy an approachable price point without sacrificing a garage or backyard, while those looking to downsize will appreciate the manageable layout and easy-to-maintain property. For investors, the combination of three bedrooms, two full baths, no HOA, and a convenient location makes this one worth a closer look. Just minutes from Lake Dallas Middle School and incredibly close to Lake Lewisville, you’ll have easy access to schools, outdoor recreation, boating, and more. Quick access to I-35 also makes commuting to Denton, Lewisville, and surrounding areas incredibly convenient. With a price point under $300K, no HOA, a fenced backyard, and a location close to both Lake Lewisville and major roadways, 321 Texas Drive offers affordability and versatility in a location that’s hard to beat!

321 Texas Dr, Lake Dallas

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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