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$465,000
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Property Description
This is a prime opportunity for investors and builders to acquire a high-value homesite in the coveted Greenway Terrace neighborhood. Sold strictly for land value, the 56 x 113 lot serves as a blank slate in an area characterized by intense revitalization and high demand for modern luxury. With several high-ticket new constructions currently underway on the surrounding blocks, this site offers a strategic entry point into a submarket where multi-million dollar comps are becoming the standard. The property is being sold as-is, allowing for a clean transition to the design and permitting phase for a residence that meets the sophisticated standards of today's luxury buyers. The lifestyle offered by this location is as impressive as its investment potential. Residents are just minutes from the convenience of Dallas Love Field, making it an ideal anchor for frequent travelers or urban professionals. Beyond the logistics, you are within easy reach of the premier shopping, fine dining, and entertainment at Inwood Village and Highland Park Village. Whether you are an investor looking to capitalize on the neighborhood's upward trajectory or a builder seeking the perfect foundation for a luxury spec home, this lot offers an unbeatable starting point in a premier Dallas corridor.
Full Property Details
Full Property Details for 4822 Wateka Dr
General
- Price: $465,000
- Taxes: $11,897
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21213342
- Updated: 3/31/2026
- Added to Site: 13 day(s) ago
Interior
- Interior Features: Other
- Appliances: Gas Oven, Microwave
- Flooring: Carpet, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Security/Safety: Security System Leased, Smoke Detector(s)
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Driveway
Location
- County: Dallas
- Subdivision: Greenway Terrace Rev
- Driving Directions: From NW Highway travel south on Inwood Road past Lovers and University. Take right on Wateka
School Information
- Elem School District: Dallas ISD
- Midd School District: Dallas ISD
- High School District: Dallas ISD
- Elementary School: Polk
- Middle School: Medrano
- High School: Jefferson
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Floor Furnace, Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Stories/Levels: 1
- Living Area: 1,635 Sq. Ft.
- Year Built: 1948
Lot Features
- Lot Size (Acres): 0.145
- Lot Size (Sq. Ft.): 6,316.2
- Lot Size Source: Assessor
- Lot Dimensions: 56 x 113
- Sidewalks: Yes
- Lot Features: Back Yard, Interior Lot, Lawn, Few Trees
- Fencing (Description): Chain Link, Wood
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $11,897
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: GREENWAY TERRACE REV LOT 13 WATEKA
- Exclusions: Personal belongings.
- Disclosures/Rstr.: Deed Restriction
- Property ID: 341698000000
- Lot Number: 13
Listed by Keller Williams Realty DPR, Ashlee McGhee
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Schools
Schools serving 4822 Wateka Dr
School District:Dallas Independent School District
| Name | Grades | Distance |
|---|---|---|
K B Polk Center For Academically T 6911 Victoria Avenue, Dallas, TX 75209 | K-8 | 0.2 mi |
Francisco Medrano Middle School 9815 Brockbank Drive, Dallas, TX 75220 | 7-8 | 3.5 mi |
Thomas Jefferson High School 4001 Walnut Hill Lane, Dallas, TX 75229 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4822 Wateka Dr
Date
Details
Price
Change
Source
3/19/2026
Listed
$465,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4822 Wateka Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,862
-58%
$534,280
-7%
2024
$4,407
15%
$573,990
21%
2023
$3,824
112%
$475,090
27%
2022
$1,806
7%
$374,800
9%
2021
$1,692
11%
$342,360
8%
2020
$1,519
-82%
$316,860
—
2019
$8,662
4%
$316,860
8%
2018
$8,326
39%
$292,630
32%
2017
$6,009
9%
$220,970
9%
2016
$5,517
22%
$202,900
23%
2015
$4,533
8%
$165,310
8%
2014
$4,197
9%
$153,560
9%
2013
$3,850
—
$141,390
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4822 Wateka Dr
4822 Wateka Drive, Dallas, TX 75209 (MLS# 21213342) is a Single Family property with 2 bedrooms and 2 full bathrooms. 4822 Wateka Drive is currently listed for $465,000 and was received on March 19, 2026. Want to learn more about 4822 Wateka Drive? Do you have questions about finding other Single Family real estate for sale in Dallas? You can browse all Dallas real estate or contact a Coldwell Banker agent to request more information.

