5303 COLONIAL AVENUE, DALLAS, TX 75215
Homes for sale in Dallas.
Homes for sale in 75215.
List Price$310,000
5303 Colonial Avenue
Dallas, TX 75215
Listing #20894711
4
Bedrooms
3 full, 1 partial
Bathrooms
2,122
Square Feet
House
Type
About This Property
A Rare Investment Gem with Elegant Living in the Heart of Dallas (Price is per side, Duplex can be purchased separate or together) This duplex is more than just a property it's a strategic investment. Located just down the street from the Texas State Fairgrounds, where billions of dollars are being poured into a massive redevelopment project set for completion in 2027, this opportunity positions you right in the path of growth. With the area poised to become a premier entertainment and cultural hub, values are projected to rise significantly in the coming years. That makes this duplex perfect for investors looking to buy and hold while enjoying steady rental income in the meantime. Opportunities like this don't come around often. Secure your stake in one of Dallas' fastest-transforming neighborhoods today, and watch your investment grow as the surrounding development reshapes the entire community. Each unit features generously sized interiors and expansive balconies at both the front and rear--creating the ideal setting for morning coffee, sunset views, or elevated entertaining. Thoughtful architecture, ample natural light, and timeless design make this duplex a standout in both comfort and style. Live in one sophisticated unit and lease the other or capitalize on the dual-income potential in one of Dallas's most dynamic and rapidly appreciating neighborhoods.
Property Features
Location Information
County
Dallas
Subdivision
Ervay Place
Interior Features
Rooms
First Floor Bedroom, Second Floor Bedroom, Second Floor Bedroom, Second Floor Full Bath, First Floor Half Bath, First Floor Living Room, Second Floor Primary Bathroom, Second Floor Primary Bedroom
Heating
Central, Electric
Interior
Chandelier, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Kitchen Island, Open Floorplan, Pantry, Tile Counters
Cooling
Central Air, Electric
Full Baths
3
Floors
Laminate
1/2 Baths
1
Laundry
Washer Hookup, Electric Dryer Hookup
Has Fireplace
Yes
Appliances
Dishwasher, Electric Oven, Electric Range, Microwave
Number of Fireplaces
1
Exterior Features
Style
Other
Garage Spaces
1
Stories
2
Fencing
Wood
Is New Construction
Yes
Patio / Deck Description
Balcony
Construction
Stucco
Pool Description
None
Exterior
Balcony
Lot Description
Cleared
Foundation
Other
Lot Size in Acres
0.161
Roof
Other
Lot Size in Sq. Ft.
7,013
Parking Description
Concrete, Driveway
Is One Story
No
Has Garage
Yes
Lot Description
Cleared
School
Elementary School District
Dallas ISD
Jr. High School
Dade
Elementary School
Charles Rice Learning Center
High School
Lincoln
Additional Information
Year Built Details
New Construction - Complete
Status
Closed
Property Type
SFR
Has a Home Owners Association
No
Property SubType 2
Duplex
Tax Annual Amount
1173.0
Property SubType
Single Family Residence
Lot Acres Source
Public Records
Year Built
2025
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