Newly Improved Price! Motivated Seller! This well-designed home in Dallas offers a flexible floor plan and comfortable living spaces in a quiet neighborhood close to downtown amenities. The home features TWO primary suites, three full bathrooms, and an oversized loft area that provides excellent additional living or recreation space. A fourth bedroom or office offers versatility for a variety of needs. Large windows throughout the home provide great natural light, enhancing the open and welcoming feel. The kitchen offers generous cooking and prep space, along with a large pantry for added storage and organization. Outdoors, a medium-sized yard backs up to a large green space, offering privacy and a peaceful setting. Conveniently located near downtown Dallas, the home provides easy access to wine tasting, restaurants, and other local amenities while maintaining a calm residential atmosphere. A thoughtfully planned layout, functional spaces, and a desirable location make this property a great opportunity. Please text listing agent for showings and questions (720-202-4194).
Active
Price cut: $15K (2/10)
$550,000
480 NW Reed Ln, Dallas, OR 97338
4beds
2,150sqft
Est.:
Residential, Single Family Residence
Built in 2014
7,405.2 Square Feet Lot
$-- Zestimate®
$256/sqft
$-- HOA
What's special
Flexible floor planComfortable living spacesMedium-sized yardOversized loft areaFourth bedroom or officeTwo primary suitesGreat natural light
- 22 days |
- 1,341 |
- 42 |
Zillow last checked: 8 hours ago
Listing updated: February 12, 2026 at 04:12pm
Listed by:
Lillie Arredondo lillie@lilliearealty.com,
Real Broker
Source: RMLS (OR),MLS#: 238895149
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
Rooms
- Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Bathtub, Double Closet, Ensuite, Walkin Closet
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Features: Loft
- Level: Upper
Kitchen
- Features: Dishwasher, Disposal, Microwave, Free Standing Range, Free Standing Refrigerator
- Level: Main
Living room
- Features: Ceiling Fan, Fireplace
- Level: Main
Heating
- Forced Air, Fireplace(s)
Appliances
- Included: Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Gas Water Heater
- Laundry: Laundry Room
Features
- Ceiling Fan(s), Double Closet, Loft, Bathtub, Walk-In Closet(s), Pantry
- Flooring: Engineered Hardwood
- Number of fireplaces: 1
- Fireplace features: Electric
Interior area
- Total structure area: 2,150
- Total interior livable area: 2,150 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Entrance, Garage On Main, Main Floor Bedroom Bath, Accessibility
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered Patio, Patio
- Exterior features: Garden, Yard
Lot
- Size: 7,405.2 Square Feet
- Features: Cul-De-Sac, SqFt 7000 to 9999
Details
- Parcel number: 571869
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mid Century Modern
- Property subtype: Residential, Single Family Residence
Materials
- Wood Composite
Condition
- Resale
- New construction: No
- Year built: 2014
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Dallas
Financial & listing details
- Price per square foot: $256/sqft
- Tax assessed value: $536,320
- Annual tax amount: $4,614
- Date on market: 1/22/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/10/2026 | Price change | $550,000-2.7%$256/sqft |
Source:  RMLS (OR) #238895149 Report a problem | ||
| 1/22/2026 | Listed for sale | $565,000+106.3%$263/sqft |
Source: RMLS (OR) #238895149 Report a problem | ||
| 9/30/2014 | Sold | $273,900+19.6%$127/sqft |
Source: Public Record Report a problem | ||
| 4/22/2014 | Listing removed | $229,000$107/sqft |
Source: REAL ESTATE 55, INC #675374 Report a problem | ||
| 4/15/2014 | Listed for sale | $229,000+377.1%$107/sqft |
Source: REAL ESTATE 55, INC #675374 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,479 +4% | $317,520 +3% |
| 2023 | $4,307 +2.7% | $308,280 +3% |
| 2022 | $4,195 +2.8% | $299,310 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,215/mo
Principal & interest
$2655
Property taxes
$367
Home insurance
$193
Climate risks
Neighborhood: 97338
Nearby schools
GreatSchools rating
- 3/10Lyle Elementary SchoolGrades: K-3Distance: 0.7 mi
- 4/10Lacreole Middle SchoolGrades: 6-8Distance: 1.4 mi
- 2/10Dallas High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Lyle
- Middle: Lacreole
- High: Dallas
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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