Runaway Bay Homes under $500,000

Welcome to Runaway Bay, Texas – a hidden gem nestled in the heart of Wise County. This charming lakeside community offers the perfect blend of tranquility and adventure, making it an ideal destination for families, retirees, and anyone looking to escape the hustle and bustle of city life. With its stunning views of Lake Bridgeport, residents enjoy a plethora of outdoor activities, including fishing, boating, and hiking along scenic trails.

Runaway Bay is not just about natural beauty; it boasts a warm and welcoming community atmosphere. The local residents take pride in their neighborhood, fostering a friendly environment where neighbors become friends. The city offers various amenities, including parks, golf courses, and community events, ensuring there’s always something to do.

For those seeking a new home, Runaway Bay provides an array of options under $500,000. Whether you’re looking for a cozy cottage, a spacious family home, or a modern retreat, you’ll find a diverse selection of properties that cater to various lifestyles and budgets. Many homes feature beautiful lake views, expansive yards, and easy access to recreational activities, making them perfect for both relaxation and entertainment.

With its affordable housing market and picturesque surroundings, Runaway Bay is not just a place to live; it’s a lifestyle. Discover your dream home in this idyllic community and experience the charm and beauty that Runaway Bay has to offer. Come and be part of a community where every day feels like a vacation!

Newest Runaway Bay Homes under $500,000

$300,000

4 Beds ⋅ 2 Baths ⋅ 21408491 MLS

196 Bridwell Ln, Runaway Bay

$370,000

3 Beds ⋅ 2 Baths ⋅ 21405235 MLS

Enjoy peaceful lake views and comfortable living in this beautifully updated 3-bedroom home in Runaway Bay. This home has been nicely updated with a remodeled kitchen featuring granite countertops and stainless steel appliances, along with wood-look flooring, crown molding, and fresh interior paint. The spacious primary bedroom and bath offer plenty of room, including a huge walk-in shower. The home also offers great storage throughout. In addition, there is a small shed for lawn equipment in the backyard. Sprinkler system in the front and backyard. One of the best features is the large covered back porch, where you can relax and enjoy the peaceful surroundings and lake views. The home backs to the former Runaway Bay Golf Course near the 17th hole. The golf course is currently closed, but the property remains zoned for golf course use, providing a nice open backdrop behind the home. The oversized garage includes a work area and extra room for a golf cart, tools, or storage. Located in the quiet community of Runaway Bay, this home offers comfortable living, pretty views, and easy access to Lake Bridgeport.

304 Lakeview Dr, Runaway Bay

$285,000

3 Beds ⋅ 2 Baths ⋅ 21404187 MLS

Modern design, a smart layout, and a greenbelt backdrop make this home one you’ll want to see in person! Offering nearly 1,600 square feet of thoughtfully designed living space, this 3-bedroom, 2-bath home feels fresh, open, and ready for its next owner. The open-concept living, dining, and kitchen areas create an easy flow for everyday life and entertaining, while the split-bedroom floor plan gives the primary suite added privacy. The spacious primary ensuite features separate vanities, a walk-in shower, and a layout designed to make busy mornings a little easier. Fresh interior paint gives the home a clean, move-in-ready feel, so you can settle in without a long list of projects waiting for you. Outside, the quarter-acre lot provides room to enjoy your space, while the greenbelt behind the property adds a more peaceful backdrop with no immediate rear neighbor. Add in the home’s contemporary architecture, distinctive rooflines, and eye-catching curb appeal, and this property offers something refreshingly different from the typical neighborhood home. Move-in ready, beautifully designed, and full of personality, this one checks all the right boxes.

706 Prt O Call Dr, Runaway Bay

$160,000

2 Beds ⋅ 2 Baths ⋅ 21401954 MLS

Why keep renting when owning may cost less than you think? Add in two huge primary bedrooms, no carpet, a park across the street, and Lake Bridgeport just minutes away, and this Runaway Bay home starts making a whole lot of sense. The dual-primary layout is one of the best features here. Both bedrooms are genuinely spacious, giving you flexibility for guests, multigenerational living, roommates, or simply two people who both refuse to accept the “small bedroom.” Revolutionary, apparently. The living room is anchored by a floor-to-ceiling brick fireplace that gives the space warmth, character, and a focal point that actually feels like part of the home instead of something staged for a photo. It’s cozy, inviting, and easy to picture yourself settling into. The kitchen offers plenty of cabinet storage and workspace, with enough room for everyday cooking, gadgets, snacks, and all the other things humans somehow accumulate despite repeatedly claiming they’re going to simplify. There’s no carpet anywhere, which means easier upkeep, fewer mystery stains, and one less thing to replace after move-in. The layout flows well, with comfortable living space, generous bedrooms, and good separation between the areas you use every day. Outside, a play park sits directly across the street, while Lake Bridgeport is just minutes away for boating, fishing, lake days, and easy weekends on the water. The Runaway Bay location gives you that relaxed lake-area feel without making everyday life inconvenient. If you’re comparing this home to another year of rent, it’s worth doing the math. With the right financing, homeownership may be more affordable than continuing to lease, and this one gives you a lot to work with: oversized dual primary bedrooms, a standout brick fireplace, abundant kitchen storage, no carpet, park views, and easy access to Lake Bridgeport. This is the kind of place that makes you stop scrolling, so schedule your private showing today and start packing!

1217 Elm Ct, Runaway Bay

$189,900

4 Beds ⋅ 3 Baths ⋅ 21393802 MLS

LAKEFRONT CONDO AT RUNAWAY BAY IN GREENBRIAR HARBOR GARDENS! This super cute 4 bedroom, 2.5 bath condo offers the perfect opportunity for a vacation getaway, weekend retreat, or income producing rental. The condo can be purchased fully furnished or unfurnished, providing flexibility to suit your needs. Enjoy plenty of storage and access to a community pool. Located within walking distance to the beach, picnic area, fishing dock, marina, convenience stores, restaurants, church and bank, you'll have easy access to the lake and nearby amenities. Whether you're looking for a relaxing escape or an investment property, this charming condo is ready for you to enjoy lake life!

100 Harbor Dr Unit 104, Runaway Bay

$229,000

4 Beds ⋅ 2 Baths ⋅ 21398357 MLS

Peaceful living in a quiet Runaway Bay cul de sac! This spacious 4 bedroom, 2 bathroom manufactured home, built in 2024, offers comfortable modern living in a peaceful setting just a short walk from the city pool and park. The open concept floor plan creates an inviting space for everyday living and entertaining, featuring a center island, laminate flooring, and a desirable split bedroom arrangement for added privacy. Outside, enjoy a nice sized covered front porch, perfect for morning coffee or relaxing evenings, along with a spacious back deck for outdoor gatherings. The property also features a detached 1 car garage and a 2 car carport, plus plenty of additional parking space for guests, boats, or recreational vehicles. Located on city water and sewer although it is outside the city limits. If you're looking for a peaceful place with room to spread out, convenient access to recreation, and plenty of parking and storage, this Runaway Bay property is worth a look!

123 Dove Ct, Runaway Bay

$289,900

3 Beds ⋅ 2 Baths ⋅ 21395519 MLS

Cozy and charming living at it's finest. This 3 bedroom, 2 bathroom home is nestled away from the big city and surrounded by privacy. Backyard features privacy and tall wooded trees. Inside this gorgeous home this open floorplan is inviting and great for family entertainment. The eat-in gallery kitchen flows directly into the living room and overlooks the trees in the backyard. Kitchen features granite countertops and shaker cabinets with space to eat around island. Laminate flooring throughout the common areas and carpet in the bedrooms. Owner is willing to owner finance with negotiable terms.

267 Jim Walter Dr, Runaway Bay

$359,999

3 Beds ⋅ 2 Baths ⋅ 21393753 MLS

Welcome to 219 Lakeshore Drive in beautiful Runaway Bay, Texas! Built in 2026, this thoughtfully designed new-construction home has three bedrooms, two full bathrooms, and a private study. The modern layout provides comfortable everyday living with plenty of space for entertaining, relaxing, and making the home your own. Conveniently located in the Runaway Bay community near Lake Bridgeport, this property allows for a peaceful setting in a brand-new home. Full spray foam insulation in all walls and the attic helps make this home highly efficient.

219 Lakeshore Dr, Runaway Bay

$440,000

3 Beds ⋅ 3 Baths ⋅ 21391232 MLS

Experience elevated lakeside living in this beautifully designed Runaway Bay home, where sweeping views of Lake Bridgeport, peaceful surroundings, and exceptional outdoor living create a true retreat. The covered outdoor sitting area is a standout feature—perfect for morning coffee, entertaining, or simply relaxing while taking in the expansive views. Inside, the home is equally impressive with an open, light-filled floor plan designed for both everyday comfort and entertaining. The split-bedroom layout offers privacy, while 2 spacious living areas and a versatile flex space provide endless possibilities for a game room, media room, home office, craft room, or additional living space with a half bath. Large windows throughout frame the surrounding scenery and fill the home with natural light. The kitchen features stainless steel appliances, including a double oven installed in 2022. Thoughtful upgrades throughout the property include a new roof with additional venting in April 2024, new gutters and downspouts in 2022, 2 HVAC systems, 2 tankless water heaters—including a new primary-suite unit installed in May 2024—and a whole-house Duramax dual-fuel generator for added comfort and peace of mind. A safe or storm room adds another exceptional feature, constructed with 5-inch concrete, a metal fire door, and emergency lighting. Walk-up stairs provide convenient access to the attic & has foam insulation and floored storage. The property also has a cedar storage shed and covered deck, creating even more space for outdoor enjoyment, hobbies, storage, or entertaining. The backyard enjoys a wide-open setting overlooking the former 12th fairway, enhancing the sense of space and privacy. The golf course has been closed but remains zoned for golf course use. With incredible Lake Bridgeport views, generous indoor and outdoor living spaces, extensive upgrades, and a peaceful setting, this distinctive property offers a rare combination of beauty, comfort, and functionality.

115 Lakeview Dr, Runaway Bay

$189,900

3 Beds ⋅ 2 Baths ⋅ 21387927 MLS

Step into a thoughtfully designed home where open-concept living and abundant natural light create an inviting atmosphere. The main living space flows seamlessly into the kitchen, making everyday routines and hosting guests effortless. Durable luxury vinyl plank flooring extends continuously throughout the entire home, offering stylish, low-maintenance living with zero carpet to worry about. Three comfortable bedrooms and two full bathrooms complete a smart, highly functional floor plan. Outside, the large private backyard offers room to spread out and relax. Framed by mature trees that provide generous shade, the space features a dedicated fire pit area ideal for evening gatherings and established raised garden beds ready for home planting.

110 Shady Springs Dr, Runaway Bay

$410,000

8 Beds ⋅ 4 Baths ⋅ 21384030 MLS

DUPLEX OPPORTUNITY IN RUNAWAY BAY – SUITE 100 & SUITE 200 Excellent opportunity to own a duplex in Runaway Bay featuring two separate units—Suite 100 and Suite 200. Whether you're looking for an investment property, multi-generational living, or the opportunity to live in one unit while leasing the other, this property offers flexibility and convenience. Each suite features a well-appointed kitchen with granite countertops, range, dishwasher, and microwave. Granite countertops continue into the bathrooms, adding a clean, upgraded finish throughout each unit. Rain gutters will be included. Water and sewer services are provided by the City of Runaway Bay. With two individual suites and desirable interior finishes, this duplex offers an attractive opportunity for both homeowners and investors in the Runaway Bay area. All information is deemed reliable, and the buyer and buyer’s agent are responsible for verifying all information, including but not limited to the status of construction of the home, lot dimensions, easements, school district, and subdivision restrictions. It is the responsibility of the buyer(s) and the buyer(s) agent to verify the status of completion prior to scheduling site inspections. Some pictures may have AI-generated alterations, stock photos or pictures from a model at another location.

134 Shady Springs Dr, Runaway Bay

$299,999

3 Beds ⋅ 2 Baths ⋅ 21386450 MLS

You don’t have to choose between land and lake life. At 305 Cheyenne Drive, you can have room to spread out while keeping Lake Bridgeport just minutes away. Situated on 1.66 acres across six lots in Runaway Bay, this property offers a unique opportunity to enjoy more space, more flexibility, and the laid-back lifestyle that comes with living near the lake. The home sits on two lots, with four additional lots included, giving you space and flexibility that can be hard to find at this price. Enjoy the extra room as it is, create more outdoor living space, or explore the possibilities the additional lots may offer. There’s plenty of room to enjoy life outside, whether you're relaxing by the above-ground pool, entertaining family and friends, working on a hobby, or simply appreciating having a little more space between you and your neighbors. An outdoor storage building provides additional room for tools, lake gear, and equipment. With Lake Bridgeport nearby, days on the water are never far from home. Boating, fishing, swimming, or simply enjoying the laid-back atmosphere of Runaway Bay can all be part of everyday life here. Now offered at $305,000, 305 Cheyenne Drive brings together something special—1.66 acres, six lots, room to make it your own, and lake life just minutes away.

305 Cheyenne Dr, Runaway Bay

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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