Foreclosed homes for sale in Dallas, TX

Foreclosed homes in Dallas will be on the rise through the end of 2021 with a gradual decrease predicted for 2022. The Home Value Index for Dallas is currently $282,195 in a seller's market, meaning that housing prices will continue to increase, making it more challenging traditionally without breaking the bank. Competition with real estate investors, out of towners, and people willing to pay cash for the offer often put the average buyer out of the running. These factors all come together to make traditional home-buying unrealistic for current buyers' budgets. Because of this, many buyers have started to consider purchasing foreclosed homes in Dallas.

If you're in the market for a home, purchasing five years, home values in Dallas, Texas, have increased by over 57%, with an average increase of 21.5% year over year. On top of that, the number of active single-family homes listed for sale has decreased by 50.7% year over year. Not only is the market competitive, but there are fewer and fewer homes to choose from.

If you have been discouraged by the current housing marketing, you are not alone. That's why many people are considering purchasing a foreclosed home as a viable path to homeownership. In Dallas, TX, there are some fantastic foreclosed home options available. If you have been finding it difficult to find a home in your price range in Dallas while saving for a down payment, a foreclosed home could be just the option for you. Foreclosed homes offer the opportunity to get into a home at a reduced price (sometimes substantially reduced) in exchange for potentially needing to make repairs and otherwise fix up the home. Repairs may not always be necessary but it should be anticipated. Below are a variety of homes either in some type of foreclosure or pre-foreclosure status.

Check out Dallas, TX foreclosure homes for sale, which may include REO foreclosures, pre-foreclosures, sheriff sales, and more.
Showing 1 - 44 of 440
555 VIA AMALFI #3
REO Foreclosure
 
Townhouse/Condo
Irving, TX 75039
2
3
1955 ft2
2008
9255 PALISADE DR
REO Foreclosure
 
Single Family Home
Dallas, TX 75217
3
2
1518 ft2
1958
4705 ZEALAND ST
REO Foreclosure
 
Single Family Home
Dallas, TX 75216
3
2
1408 ft2
2021
2359 TALCO DR
REO Foreclosure
 
Single Family Home
Dallas, TX 75241
2
2
1020 ft2
1977
1 of 53 8507 BAUMGARTEN DR
REO Foreclosure
 
Single Family Home
Dallas, TX 75228
3
2
1983 ft2
1975
1 of 26 2227 N FAROLA DR
REO Foreclosure
Casa View
Single Family Home
Dallas, TX 75228
3
2
1103 ft2
1950
1 of 40 4616 GASTON AVE
REO Foreclosure
Peak's
Single Family Home
Dallas, TX 75246
4
4
3470 ft2
1924
2907 BARDWELL AVE
REO Foreclosure
 
Single Family Home
Dallas, TX 75216
3
1
1243 ft2
1951
1 of 19 2628 SEEVERS AVE
REO Foreclosure
 
Single Family Home
Dallas, TX 75216
4
3
2748 ft2
2007
1 of 33 2002 FORT STOCKTON DR
REO Foreclosure
 
Single Family Home
Forney, TX 75126
4
3
2656 ft2
2011
6027 GLENDORA AVE
REO Foreclosure
Preston Hollow North
Single Family Home
Dallas, TX 75230
3
2
1464 ft2
1938
2709 HENRY RD
REO Foreclosure
Will-kee
Single Family Home
Lancaster, TX 75134
3
2
1605 ft2
1986
1 of 59 17309 DAVENPORT RD
REO Foreclosure
 
Single Family Home
Dallas, TX 75248
4
4
2778 ft2
1979
Hot
1 of 13 6718 PROSPER ST
REO Foreclosure
Greenway Park
Single Family Home
Dallas, TX 75209
4
4
3245 ft2
2017
2713 JUDY DR
REO Foreclosure
 
Single Family Home
Mesquite, TX 75149
3
1
1586 ft2
1962
223 SYRACUSE PL
REO Foreclosure
Duck Creek
Single Family Home
Richardson, TX 75081
3
2
1777 ft2
1974
4534 MOLER ST
REO Foreclosure
 
Single Family Home
Dallas, TX 75211
4
2
3151 ft2
1942
1001 BELLEVIEW ST #104
REO Foreclosure
Cedars
Townhouse/Condo
Dallas, TX 75215
1
2
836 ft2
2007
1 of 47 1629 TAYLORCREST DR
REO Foreclosure
 
Single Family Home
Dallas, TX 75253
3
2
1283 ft2
1999
1003 E WOODIN BLVD
REO Foreclosure
 
Single Family Home
Dallas, TX 75216
3
1
916 ft2
1925
1 of 32 4859 CEDAR SPRINGS RD #152
REO Foreclosure
 
Townhouse/Condo
Dallas, TX 75219
2
1
841 ft2
1970
4624 COUNTRY CREEK DR #1198
REO Foreclosure
 
Townhouse/Condo
Dallas, TX 75236
2
2
946 ft2
1974
508 S MAIN ST #D
REO Foreclosure
 
Single Family Home
Irving, TX 75060
3
2
1395 ft2
1950
1 of 34 5676 MCCLELLAND ST
REO Foreclosure
 
Single Family Home
Forney, TX 75126
0
0
1450 ft2
2019
1 of 89 6022 S COCKRELL HILL RD
REO Foreclosure
 
Single Family Home
Dallas, TX 75236
4
2
1815 ft2
1965
1351 DELL OAK DR
REO Foreclosure
 
Single Family Home
Dallas, TX 75217
3
2
1413 ft2
1958
6122 HARMONY LN
REO Foreclosure
Singing Hills
Single Family Home
Dallas, TX 75241
3
2
1090 ft2
1961
959 OAK FOREST DR
REO Foreclosure
Five Mile Creek
Single Family Home
Dallas, TX 75232
3
2
1728 ft2
1962
17250 STEDMAN DR
REO Foreclosure
 
Single Family Home
Dallas, TX 75252
3
3
2715 ft2
1990
11027 GENETTA DR
REO Foreclosure
 
Single Family Home
Dallas, TX 75228
3
2
1641 ft2
1959
2902 SPRING BROOK DR
REO Foreclosure
Camelot
Single Family Home
Garland, TX 75044
3
2
1946 ft2
1980
1 of 25 753 KIRNWOOD DR
REO Foreclosure
 
Single Family Home
Dallas, TX 75232
3
1
972 ft2
1961
2111 MARFA AVE
REO Foreclosure
 
Single Family Home
Dallas, TX 75216
2
1
952 ft2
1949
212 STANFORD
REO Foreclosure
 
Single Family Home
Forney, TX 75126
0
0
1479 ft2
2004
5301 ANCHOR COVE CIR
REO Foreclosure
 
Single Family Home
Garland, TX 75043
4
2
1774 ft2
1983
2733 TANGLEWOOD DR
REO Foreclosure
 
Single Family Home
Lancaster, TX 75134
3
2
1432 ft2
1973
1 of 28 1307 BRIARWOOD DR
REO Foreclosure
 
Single Family Home
Garland, TX 75041
3
2
1639 ft2
1950
1 of 56 1757 PATRICK CIR
REO Foreclosure
 
Single Family Home
Balch Springs, TX 75180
4
3
1839 ft2
1992
1 of 52 108 SAINT LUKES DR
REO Foreclosure
Arapaho
Single Family Home
Richardson, TX 75080
3
3
1800 ft2
1965
706 TICONDEROGA DR
REO Foreclosure
 
Townhouse/Condo
Garland, TX 75043
3
2
1472 ft2
1972
1 of 36 3210 TOWER TRL
REO Foreclosure
 
Single Family Home
Dallas, TX 75229
3
2
1788 ft2
1960
323 W MCVEY AVE
REO Foreclosure
 
Single Family Home
Dallas, TX 75224
2
1
728 ft2
1946
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Foreclosed Homes in Cities Near Dallas, TX

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Buying a Home in Dallas, TX

Discover and understand more about what you can expect for Dallas, TX in terms of weather, education levels, income levels and more to get a better feel for the city.

Population by Gender

Male 50%
Female 50%

Education Levels (over 25 years of age)

Lack of Highschool Education 78%
Highschool Diploma or GED 22%
Some College 13%
Bachelors Degree 22%

Populations by Race/Ethnicity

Median Home Price in Dallas, TX

Households by Income in Dallas, TX

Why You Should Purchase a Foreclosed Home In Dallas, Texas

Foreclosures still have a stigma as many people think of foreclosed homes as homes nearly on the brink of collapse. Foreclosed homes are an excellent investment for people looking to purchase a home slightly under market value. Still, in modern times, many foreclosed homes result from homeowners having to default on their loans due to job loss or other financial issues. As a result of the layoff during the quarantine, many homes in perfect condition were foreclosed due to the owners' economic hardships.

With a foreclosed home, you'll want to consider the fact that you may do an inspection, but there won't be any price reductions or other compensation for work that may need to be done to the property. Many buyers looking to purchase a home have found a foreclosed home to fit their needs and budget.

Highest-Rated School Districts in Dallas, TX

Dallas has some excellent schools. The top 3 rated school districts in Dallas, TX are:

  1. Carroll ISD
  2. Highland Park ISD (University Park)
  3. Lovejoy ISD

Dallas ISD's School of the Talented and Gifted is rated #1 among public high schools in the state of Texas.

Top Employers in Dallas

Dallas is a thriving metropolis full of small, medium, and Fortune 500 companies. It's not only a great place to start a career, it's also an excellent place to level-up your career. Here are the top 10 employers in Dallas, TX:

  1. AT&T
  2. Lockheed Martin
  3. American Airlines
  4. UT Southwestern Medical Center
  5. JPMorgan Chase & Co.
  6. Amazon
  7. Southwest Airlines
  8. Texas Instruments
  9. Baylor, Scott, & White
  10. Bank of America

You'll also find big names like IBM, Capital One, Citi, and PepsiCo.

Fun Facts About Dallas

Size of Dallas

Dallas is the 9th largest city in America and the 3rd largest in Texas.

What's the time zone for Dallas?

Dallas is in the Central Time Zone.

Does it snow in Dallas, TX?

Dallas does not get much snow, it has an average snow day of 1.3 days.

How much does it rain in Dallas?

If you're not a fan of rainy days, then Dallas may be the place for you. Only 81 out of 365 days a year may be rainy.

Major Sports Teams in Dallas

● Dallas Cowboys (NFL)
● Dallas Stars (NHL)
● Dallas Mavericks (NBA)
● FC Dallas (MLS)
● Texas Rangers (MLB)
● Nascar
● Indy Racing

Popular Attractions in Dallas

With cultural tours, museums, fine dining, parks, shopping, sporting events, and more, Dallas has plenty to offer residents and visitors alike.

The Sixth Floor Museum at Dealey Plaza sits at the infamous intersection of Houston St. and Elm Street, where President John F. Kennedy was assassinated. This museum gives visitors both historical and cultural context from the early 60s to the tense hours following the assassination. History buffs and film fans alike will enjoy this walk through history.

The Dallas Arboretum and Botanical Garden boasts fourteen world-famous displays of seasonal flowers, trees, plant collections, and ornamental shrubs. For horticulturists, lovers of nature, and everyone else, there's something beautiful to see and do all year.

The Perot Museum of Nature and Science is an architectural masterpiece and an eco- and family-friendly place to explore topics like gaming, energy, evolution, earth science, engineering, and more.

The Reunion Tower in Dallas may not be the tallest building in the skyline, but it is the most recognizable. Initially completed in 1978, this 560-foot tall tower is punctuated by a giant, geodesic ball that, thanks to renovations in 2011, provides a 360-degree revolving tour of the city.

The Bishop Arts District is the place for shopping, entertainment, and dining. Here you find everything from art galleries and boutiques to over sixty independently owned and operated local businesses.

Dallas also has award-winning zoos, aquariums, flight museums, and other culturally significant places for everyone to visit.

Dallas, TX Frequently Asked Questions

The foreclosure rate in Dallas is about 0.1%. It's slowly moving downward and is lower than other big cities in Texas which have a foreclosure rate of around 3.7%.

Yes, Dallas is also a county. It's the second most populated county in the US. The city of Dallas is included in the Dallas-Fort Worth Arlington MSA which is composed of 12 counties: Collin, Dallas, Delta, Denton, Ellis, Hunt, Johnson, Kaufman, Parker, Rockwell, Tarrant, and Wise.

Yes. Dallas has a population of 1.4 million and Austin has a population of about 960,000.

The top five safe and affordable neighborhoods in Dallas, TX are listed as: the Bishop Arts District, Deep Ellum, Lake Highlands, Oak Lawn, and Preston Hollow.