Affordable NW Dallas Gem, price under $400K with 3 Bed, Corner Lot, Endless Potential!!!
Discover a rare opportunity to own a 3-bedroom, 2-bath home on a spacious corner lot with mature trees in Northwest Dallas-and no HOA.
This property offers strong upside potential for buyers looking to personalize or invest. Featuring a functional layout, generous yard space, and solid structure, this home is ideal for first-time buyers, investors, or anyone seeking value in a prime Dallas location.
Enjoy convenient access to I-35E, Loop 635, shopping, dining, and major employment hubs, making this an excellent option for commuters and long-term growth.
The large lot provides room to expand, landscape, or create your ideal outdoor space—something increasingly hard to find at this price point in Dallas.
Whether you're looking to renovate, rent, or move in and update over time, this property delivers location, flexibility, and opportunity.
Multiple lender programs available, from Orchard Mortgage, discounted rate options and no lender fee future refinancing may be available for qualified buyers. From Happy State Bank, no down payment and a closing cost assistance program available for qualified buyers.
Listed by Rob Mullins
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Orchard Brokerage
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214-301-2625
Last updated April 28, 2026
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Source: NTREIS #21214045
Listing Facts
TypeSingle-family
NeighborhoodNorthwest Dallas
Bedrooms3
Bathrooms2
Days on Prevu41
Size1,456 sqft
Price per sqft$264
Amenities
Dishwasher
Washer/Dryer
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
04/29/2026
Price Decreased
$384,900
04/14/2026
Price Decreased
$389,000
03/20/2026
Listed by Orchard Brokerage
$399,000
Property Details for 3161 Waldrop Drive
Exterior
Construction
Roof: Shingle
Year Built: 1956
Year Built Details: Preowned
Architectural Style: Traditional
Construction Materials: Brick, Other
Exterior Features: Rain Gutters
Features
Fencing: Back Yard
Other Structures: Shed(s), Storage
Measurements
Lot Features: Corner Lot
Lot Size Acres: 0.27
Lot Size Area: 0
Lot Size Source: Public Records
Lot Size Square Feet: 11,848
Lot Size Units: Acres
Financial
Taxes
Parcel Number: 00000598660000000
Interior
Features
Appliances: Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer
Fireplace Features: Living Room
Fireplaces Total: 1
Flooring: Laminate, Other, Tile, Wood
Interior Features: Other, Pantry
Measurements
Living Area: 1,456
Rooms
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 3
Other
Location
Subdivision Name: Walnut Hills 2nd Inst
Tax Block: 14646
Tax Lot: 14
Parking
Parking
Parking Features: Parking Pad
Schools
Elementary School
Elementary School: Caillet
Utilities
Equipment
Cooling: Ceiling Fan(s)
Heating: Central
Laundry Features: On Site
Utilities: City Sewer, City Water, Sewer Available
Frequently Asked Questions
How many bedrooms and bathrooms does this single-family home have?
There are 3 bedrooms and 2 bathrooms in this single-family home at 3161 Waldrop Drive .
What schools are nearby to 3161 Waldrop Drive ?
Nearby schools include the Caillet Elementary School.
How does 3161 Waldrop Drive compare to other single-family homes in Northwest Dallas?
This single-family home is listed 85% below the average price for single-family homes in Northwest Dallas and has been on the market for 31 less days than the typical home in this area.
What is the square footage on this single-family home?
According to the MLS, this listing is 1,456 sqft.
3161 Waldrop Drive is a 3-bedroom, 2-bath single-family home for sale in Dallas Texas 75229. On Prevu for 41 days at $384,900. This includes a recent price decrease of $4,100. This home features 1,456 square feet of living space, located in Northwest Dallas. The median listing price for single-family homes in this area is $995,000. Nearby schools include Caillet Elementary School. The home offers dishwasher, pets allowed, parking, and washer/dryer. Browse more single-family home listings in Dallas.
Based on information from NTREIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.