Why Live in Riverway Estates
Riverway Estates in Dallas is a neighborhood characterized by its leafy, sidewalk-lined streets and a strong sense of community. This area is particularly appealing to first-time homebuyers due to its lower housing costs and the value for money it offers compared to other parts of Dallas. The neighborhood features mid-century ranch-style homes, cottages, and bungalows built between the 1940s and '70s, with sizes ranging from 1,000 to 1,600 square feet. Contemporary new builds are also emerging. Homes are situated on small lots, often under a quarter-acre, with garages accessible via back alleys. The Dallas Independent School District serves the area, with C.A. Tatum Junior Elementary School being highly rated. Pleasant Oaks Park, a central community hub, offers a variety of amenities including a renovated playground, sports fields, and the only indoor soccer gym in Dallas. The park hosts numerous community events, such as the Eggstravanga Egg Hunt. Dining options are rich in Mexican flavors, with local favorites like Los Molcajetes Mexican Kitchen and Gonzalez Tex-Mex. Grocery stores, including Fiesta Mart No. 57 and Aldi, are conveniently located along Highway 12. Public transportation is accessible via DART buses on major roads, and the neighborhood is well-connected to Buckner Boulevard and I-80, making it a 9-mile drive to downtown Dallas. Healthcare needs are met by the Dallas Regional Medical Center, 5 miles away, and the Dallas Fort Worth International Airport is 28 miles away. Riverway Estates is also close to Mesquite, known as the "Rodeo Capital of Texas," with the Mesquite Rodeo Arena less than 3 miles away.
Home Trends in Riverway Estates, TX
On average, homes in Riverway Estates, Dallas sell after 39 days on the market compared to the national average of 70 days. The median sale price for homes in Riverway Estates, Dallas over the last 12 months is $390,000, down 27% from the median home sale price over the previous 12 months.
Median Sale Price
$390,000
Median Single Family Sale Price
$535,000
Median Townhouse Sale Price
$405,000
Median 2 Bedroom Sale Price
$246,777
Median 1 Bedroom Sale Price
$204,950
Average Price Per Sq Ft
$296
Number of Homes for Sale
12
Last 12 months Home Sales
67
Median List Price
$408,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-27%