Lake Dallas Homes under $400,000

Welcome to Lake Dallas, Texas, a charming city nestled in Denton County that perfectly blends small-town warmth with modern conveniences. With its picturesque views of Lake Lewisville and a vibrant community spirit, Lake Dallas offers an idyllic setting for families, retirees, and everyone in between. The city’s strategic location provides easy access to major highways, making commuting to nearby cities like Denton and Dallas a breeze, while still allowing residents to enjoy the tranquil atmosphere of lakeside living.

One of the most appealing aspects of Lake Dallas is its diverse real estate market, particularly for those seeking homes under $400,000. Whether you’re a first-time homebuyer or looking for a cozy retreat, the options here are plentiful. From charming single-family homes to modern townhouses, you’ll find properties that cater to a variety of tastes and budgets. Many homes feature spacious yards, updated interiors, and proximity to local parks and recreational activities, making it easy to embrace the outdoor lifestyle that Lake Dallas promotes.

Residents also enjoy a strong sense of community, with local events and festivals that bring neighbors together throughout the year. With excellent schools, a range of dining options, and beautiful waterfront parks, Lake Dallas is not just a place to live; it’s a place to thrive. If you’re searching for an affordable home in a welcoming community, Lake Dallas is the perfect destination to call home. Explore the possibilities and discover your dream home today!

Newest Lake Dallas Homes under $400,000

$269,000

3 Beds ⋅ 2 Baths ⋅ 21412752 MLS

INCREDIBLE BUYER INCENTIVES: $4,000 MORTGAGE CONCESSION. Opendoor Home Loans will contribute up to $4,000 towards a permanent interest rate buy-down if you finance with Opendoor Home Loans LLC. 327 Texas Dr is a one-story Lake Dallas home with three bedrooms, two bathrooms and 1,258 square feet of living area. The galley kitchen pairs white cabinetry with a window above the sink and counter space on both sides of the aisle. Wood-look flooring leads through the living room, where a fireplace and French doors face the backyard. The primary bedroom includes a walk-in closet and an adjoining bathroom with a tub-shower combination. Two additional bedrooms share the hall bathroom. A patio opens onto the fenced backyard beneath a tree, and an attached two-car garage completes the layout. Home comes with a 100-Day Home Warranty

327 Texas Dr, Lake Dallas

$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

$335,000

3 Beds ⋅ 2 Baths ⋅ 21403186 MLS

MOTIVATED SELLERS — BRING YOUR OFFER! 3.9% VA ASSUMABLE LOAN OPPORTUNITY! Qualified buyers may have the opportunity to assume the seller’s existing VA loan subject to lender approval and eligibility requirements. Contact the listing agent for details. Buyer to verify all loan terms and eligibility with the lender. MAJOR UPDATES COMPLETED SEPTEMBER 2026! Enjoy added peace of mind with a BRAND-NEW ROOF, NEW GUTTERS, and FRESHLY STAINED FENCE! Welcome to 632 Montgomery Drive in Lake Dallas! Located minutes from Lewisville lake, this meticulously maintained 3-bedroom, 2-bathroom home offers 1,716 square feet of comfortable living space, a functional open floor plan, and thoughtful features throughout. Inside, enjoy abundant natural light, laminate wood flooring throughout the main living areas, and TWO DINING AREAS perfect for everyday living and entertaining. The spacious kitchen offers abundant cabinetry and plenty of room for meal preparation, flowing seamlessly into the living and dining spaces. A split-bedroom layout provides added privacy, while the oversized primary suite features TWO CLOSETS and a relaxing ensuite bathroom complete with a tiled walk-in shower, double vanity, large soaking tub, and generous window that fills the space with natural light. Step outside to beautifully maintained landscaping that creates welcoming curb appeal and an enjoyable outdoor space. The privately owned property directly behind the home offers an added sense of privacy. This home combines practical updates, comfortable living spaces, and a convenient location. Lake Dallas ISD’s School of Choice Program may offer eligible students additional enrollment flexibility, subject to campus availability and district approval. With motivated sellers, major exterior updates already completed, and a potential 3.99% VA loan assumption, this home is ready for its next owner. COME SEE ALL THAT 632 MONTGOMERY DRIVE HAS TO OFFER — AND BRING YOUR OFFER!

632 Montgomery 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! One or more photos in this listing have been virtually staged.

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

$339,000

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

$369,900

3 Beds ⋅ 2 Baths ⋅ 21383561 MLS

Completely renovated & move-in ready GEM! Inquire about concessions being offered. This stunning 3-bedroom, 2-bath brick home sits on a quiet cul-de-sac in a prime section of Lakebridge Estates, just minutes from Lake Lewisville and scenic trails. Step inside to a bright, open layout with 2 living areas accompanied by vaulted ceilings, abundant natural light, and a modern fireplace. Updated kitchen features quartz countertops, custom cabinetry, stainless steel appliances, and a large island—perfect for entertaining. Primary suite offers a spa-like bath with a walk-in glass shower, soaking tub, dual vanities, and a spacious walk-in closet. Two additional bedrooms and a laundry room add flexibility. Recent upgrades include a new roof, LVP flooring, new carpet, fresh paint, updated lighting, new doors, and a new garage door. Enjoy fenced backyard with mature trees, patio space, and a large shed. The greenbelt and lake access are just a short walk away. Prime location near parks, shopping, and dining. Schedule your showing today!

814 Lake Bluff Dr, Lake Dallas

Start Your Search

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.

Last updated:

Lake Dallas Homes under $400,000

Newest Lake Dallas Homes under $400,000

How much is your home worth?

How much is your home worth?