Real Estate Report: What $550,000 Buys You in Dallas

Three houses. One price range. We tell you how far your money will go.

Heather10443 Heather Lane, $549,900
3 bedrooms, 2 bathrooms, 2,425 square feet
Walnut Hill Park

This ranch-style redo is located in the Disney Streets and is walking distance to Peter Pan Park. The home has been renovated and includes a shiny new kitchen complete with marble counter tops, a large island, and new fixtures, appliances, and hardware. The open kitchen looks out to the breakfast nook and den and is perfect for entertaining. We also love the large windows and backyard views from the kitchen and den. The master is impressive with a private deck and backyard views, as well as a renovated bathroom. Deanne Rose for MD Rose Realty. 214-729-7485.

Tanglecrest7723 Tanglecrest Drive, $550,000
5 bedrooms, 4.1 bathrooms, 4,372 square feet
Northwood Hills

Travel north of 635 and you can get almost twice as much for you money. This Far North Dallas home at the corner of Belt Line and Coit features five bedrooms, four bathrooms, and a sizable square footage, not to mention it was taken to the studs in 2007 and completely remodeled. The second floor includes a loft, media room, and exercise room. Other impressive amenities include a wine grotto, custom bookshelves in the study, large utility room, sun room, and eight-foot fence. Susan Hanson for RE/MAX. 972-489-0228.

Monticello5506 Monticello Avenue, $564,000
3 bedrooms, 2 bathrooms, 2,760 square feet
Greenland Hills

Located in the M Streets at Monticello and McMillan, this Tudor-style house offers more space than is typical for the older homes in the area. Built in 1926, there are obvious updates that have modernized the home such as hardwood floors, granite kitchen counter tops, stainless steel appliances, and updated bathrooms. The backyard has a large deck that overlooks professional landscaping. Jarrad Barnes for Dave Perry-Miller. 214-797-1900.