Lakewood Homes under $500,000

Welcome to Lakewood, a picturesque subdivision nestled in the heart of Texas, where charm meets modern living. Known for its serene landscapes and vibrant community, Lakewood offers a perfect blend of tranquility and convenience, making it an ideal place for families, professionals, and retirees alike.

One of the standout features of Lakewood is its diverse selection of homes, many of which are available for under $500,000. Whether you’re a first-time homebuyer or looking to downsize, you’ll find a variety of options that cater to different tastes and lifestyles. From cozy single-family homes with sprawling yards to contemporary townhomes with modern amenities, Lakewood provides an array of choices that fit your budget without compromising on quality.

The community is designed with the homeowner in mind, featuring lush parks, scenic walking trails, and family-friendly recreational areas. Residents can enjoy weekend picnics, outdoor sports, and community events that foster a strong sense of belonging. Plus, the subdivision’s proximity to shopping centers, restaurants, and top-rated schools makes it an attractive option for those seeking convenience.

In Lakewood, you’ll not only find a house but a place to call home. With affordable pricing and a welcoming atmosphere, this subdivision is perfect for anyone looking to enjoy the best of Texas living. Come explore Lakewood and discover your dream home today!

Newest Lakewood Homes under $500,000

$450,000

3 Beds ⋅ 2 Baths ⋅ 21394932 MLS

Experience the best of lake living at 239 Lakewood Road, a stunning retreat situated on a double lot with views of Cedar Creek Lake. This home is designed to capture the beauty of its surroundings. Inside, the open floorplan feels airy and bright with vaulted ceilings and with wall of french doors that bring the water views right into your living space. The heart of the home is the great room that is anchored by a stone fireplace to create a grand yet cozy atmosphere. A custom wall of bookcases provides the perfect spot for a personal library or curated treasures. The kitchen is an ideal gathering spot with a hunge island with breakfast bar seating, loads of cabinets, a gas range, and a beautiful display cabinet for your favorite glassware. The home offers three spacious bedrooms and two well-appointed bathrooms. The primary retreat boasts a generous sized bedroom wth room for a sitting area and spa-like bathroom with dual granite topped vanities, a large walk-in shower equipped with dual shower heads, and an impressive closet featuring custom built-ins. For those needing extra space, the air-conditioned upstairs bonus room offers endless possibilities for a hobby space, bunk room, or media room, complete with easy access to a walk-out attic. The community homeowners share a private park on the lake ideal for swimming and picnicing as well as a boat ramp for community use. Whether you are enjoying the breeze on the porch or relaxing by the fireplace, this property offers a beautiful lifestyle in one of Cedar Creek Lake's covetted neighborhoods.

239 Lakewood Rd, Trinidad

$295,000

4 Beds ⋅ 3 Baths ⋅ 21387111 MLS

Welcome to this beautifully updated 4-bedroom, 3-bath home situated on just under an acre in the desirable Lakewood Subdivision in Fairfield, Texas. Offering plenty of space and thoughtful improvements throughout, this home is ready for its next chapter. Step inside to find fresh paint, updated light fixtures, and new flooring throughout the main living areas, with the bedrooms retaining their existing flooring. The remodeled kitchen features new stainless steel appliances and an updated design perfect for everyday living and entertaining. The primary suite includes a completely remodeled bathroom highlighted by a spacious walk-in shower. Major improvements provide added peace of mind, including a new roof and a professionally leveled foundation with a transferable warranty. Outside, the property sits on just under an acre, surrounded by mature trees that provide a beautiful setting and plenty of room to enjoy the outdoors. With four bedrooms, three full bathrooms, extensive updates, and a spacious lot, this Lakewood home combines comfort, functionality, and country-style space while remaining conveniently located in Fairfield. Schedule your showing and come see everything this property has to offer!

142 Mary Grace, Fairfield

$429,900

3 Beds ⋅ 3 Baths ⋅ 21384839 MLS

Beautiful new construction two story home thoughtfully designed with comfort, space, and entertaining in mind! This home features 3 spacious bedrooms, 2.5 bathrooms, a dedicated office, and a game room, offering plenty of flexibility for everyday living. Enjoy hardwood flooring throughout, beautiful glass showers, and a spacious kitchen with quality finishes and attention to detail throughout the home. Step outside to a large covered patio carport with plenty of space for your vehicle or boat, plus your own storage building and fireplace outside perfect for entertaining and enjoying relaxing Texas evenings. Located just minutes from the lake, making it easy to enjoy boating, fishing, summer days, and weekend getaways. Approximately 1 hour from Dallas and conveniently located near shopping, dining, entertainment, and the lake. Builder warranty included for added peace of mind. Don’t miss the opportunity to own a brand-new home with the space, features, and location you’ve been looking for! October, 2026 Coming Soon

103 Water Oak Rd, Trinidad

$279,900

2 Beds ⋅ 2 Baths ⋅ 21384658 MLS

Beautiful new construction, single-story home situated on a desirable corner lot and designed for comfortable everyday living! This thoughtfully crafted home features 2 spacious bedrooms, 2 full bathrooms, plus a dedicated study office, providing the perfect space to work from home or create a flex room to fit your lifestyle. Step inside to an open and inviting floor plan featuring hardwood flooring, high ceilings, abundant natural light, and beautiful finishes throughout. The spacious kitchen is surrounded by windows and flows seamlessly into the living area, where a stunning stone fireplace creates the perfect centerpiece for cozy evenings at home. Step outside and enjoy your own storage building and fire pit, perfect for hosting friends, family gatherings, or simply relaxing under the Texas sky. Located close to the lake, you can spend your weekends boating, fishing, or enjoying summer days by the water. Approximately 1 hour from Dallas, TX, with convenient access to the city, shopping, dining, entertainment, and outdoor recreation. A builder warranty is included for added peace of mind. This home offers the perfect combination of new construction, modern comfort, and a lifestyle close to the lake ready for you to make it home! Completed in October, 2026! Coming Soon

101 Water Oak Rd, Trinidad

$284,990

3 Beds ⋅ 2 Baths ⋅ 21384483 MLS

UNIQUE OPEN FLOOR PLAN, MODERN NEW CONSTRUCTION! Welcome to this single-story gem featuring an elegant white-brick facade accented by sleek charcoal vertical board-and-batten peaks and ambient spotlights. A wide concrete driveway leads to a spacious 2-car garage equipped with a modern paneled door, privacy glass windows, and an automatic opener.Enter through a dramatic 8-foot custom entry door with a decorative glass insert. The welcoming foyer boasts crisp trim, a built-in storage drop-zone with custom cabinetry, and premium luxury plank flooring. The grand open-concept living area serves as the ultimate gathering hub, highlighting architectural tray ceilings, a contemporary ceiling fan, LED recessed lighting, and an integrated linear electric fireplace. A separate, highly functional utility room features large-format dark gray floor tile.Perfect for entertaining, the expansive layout flows into a bright dining zone under a designer chandelier with direct sliding glass door access to the backyard. The gourmet chef's kitchen showcases a massive central breakfast bar island illuminated by industrial matte-black pendant lights, pristine marble-veined quartz countertops, custom 42-inch shaker cabinets with modern black pulls, a classic white subway tile backsplash, and a premium stainless steel appliance package.The split-bedroom wing leads to a private owner's retreat anchored by a spa-like primary bath with a seamless glass shower door and a massive walk-in closet featuring a custom built-in shoe and wardrobe tower. Transition outside to a deep covered back patio featuring a modern dark-paneled ceiling with integrated LED recessed lighting and a matching white-brick structural support column. Turnkey, foam-insulated, and ready for its first owners!

107 Scenic Rd, Trinidad

$199,900

3 Beds ⋅ 2 Baths ⋅ 21373580 MLS

Welcome to this charming 3-bedroom, 2-bath home in the Lakewood Community! Built in 2020 and freshly painted, this home offers a bright, inviting feel with an open floor plan designed for comfortable living and entertaining. The kitchen features anew island, stainless steel appliances, and fresh paint, creating a functional and welcoming gathering space. A versatile flex room provides endless possibilities and could serve as a sunroom, home office, additional sitting area, or hobby space. Enjoy relaxing outdoors on the covered back deck, perfect for morning coffee or evening gatherings. The Lakewood Community HOA offers fantastic amenities, including access to the community pool, fishing at Lake Palestine, a boat ramp, and playground. Located in Bullard ISD, this home combines comfortable living with an enjoyable lake-community lifestyle! Come See! Come Buy!

629 El Paso, Bullard

$294,999

3 Beds ⋅ 2 Baths ⋅ 21373408 MLS

NEW CONSTRUCTION! WELOME HOME! This beautiful home features 3 bedroom, 2 full baths, plus an extra room, come in to this cozy open concept home!! As you step into the home, you will see the wood floors with a delightful view through the windows! Decorative fire place, kitchen has granite countertops, kitchen island, custom made cabinets, unique pot filler faucet over the stove, breakfast nook with an amazing view! Step outside to the back covered patio to enjoy your morning coffee in the calmness of the neighborhood, extra room that could be used as an office, or play room, hobby or craft room, or just an extra bedroom. Hall bath offers granite vanity with unique contemporary bathroom design, 2 large bedrooms with built in shelves in closets, main bedroom has wonderful views, main bath has double vanity, walk in shower and separate bath tub, walk in closet with build in shelf. 2 car garage is covered with epoxy flooring! Minutes to dining and shopping, enjoy your walks around the neighborhood where everyone is friendly. Come and take a look! Make this home yours today!

113 Scenic Rd, Trinidad

$295,000

4 Beds ⋅ 2 Baths ⋅ 21326951 MLS

130 Cedar Elm Rd, Trinidad

$199,999

3 Beds ⋅ 2 Baths ⋅ 21159108 MLS

Charming brick home — 3 bed, 2 bath with a 1-car garage. Sits on a generous .83-acre lot with large shade trees and a spacious backyard perfect for play, entertaining, or gardening. Property includes a 20' x 11' storage building for tools and seasonal items. Located near Westwood Elementary. Ready for relaxed living in a peaceful neighborhood.

2010 Saltworks Rd, Palestine

$114,500

3 Beds ⋅ 2 Baths ⋅ 21123020 MLS

HUD Owned Home FHA Case# 511-324957 Sold AS-IS. Country home on ONE-ACRE in the Fairfield ISD. This great home has 3 bedrooms and 2 full bathrooms. Quartz countertops, tile back splash and appliances in the kitchen. Has a living room, a Great Room, a large Utility room, and an Office. The exterior offers a 15' x 21' Workshop, 3- Storage Buildings, and a 23' x 38' Covered Parking. There is a private lake in the area for the neighborhood. Quiet neighborhood close to town and highways. Come take a look before it is gone. Owner occupant buyers may be able to purchase this home with as little as $100 down when utilizing the HUD FHA Sales Incentive.

150 Lazy Way, Fairfield

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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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