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$500,000
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Property Description
Excellent opportunity to buy an affordable 6-plex very close to downtown. Well maintained property with excellent tenants and payment history. Rents could be increased when leases end to create an even better return. Recent infrastructure work on 45 and 310 plus real estate development in the Forest Theatre District and the Cedars makes this prime to buy now. Roof replaced in 2019; renovations in each unit throughout the last few years. Most of the units have been converted to ceramic tile floors. Reach out with questions!
Full Property Details
Full Property Details for 3525 Colonial Ave
General
- Price: $500,000
- Taxes: $8,760
- Status: Active
- Type: Apartment
- Source: NTREIS
- MLS ID: 21066946
- Updated: 10/8/2025
- Added to Site: 101 day(s) ago
Interior
- Interior Features: High Speed Internet, Cable TV
- Flooring: Hardwood, Tile
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 6
Parking
- Parking Features: Common, Parking Lot
Location
- County: Dallas
- Subdivision: Ervay Street Heights
- Driving Directions: From I-45 S, take exit 283A toward Lamar St. Merge onto Julius Schepps Fwy, then turn left onto Julius Schepps Service Rd E. Turn right onto Colonial & property is to the right.
School Information
- Elem School District: Dallas ISD
- Midd School District: Dallas ISD
- High School District: Dallas ISD
- Elementary School: Dunbar
- Middle School: Dade
- High School: Madison
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Electric, Wall/Window Unit(s)
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Sewer Available, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Brick, Wood Siding
- Roof: Composition
- Windows: Window Coverings
- Stories/Levels: 2
- Living Area: 3,811 Sq. Ft.
- Year Built: 1964
Lot Features
- Lot Size (Acres): 0.148
- Lot Size (Sq. Ft.): 6,446.88
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $8,760
Disclosures and Reports
- Legal Description: ERVAY STREET HEIGHTS BLK 2/1185 LT 9 & PT LT
- Exclusions: Tenants' personal items
- Property ID: 143329000000
- Block: 21185
- Lot Number: 9
Listed by Keller Williams Urban Dallas, Matt Templeton
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Schools
Schools serving 3525 Colonial Ave
School District:Dallas Independent School District
| Name | Grades | Distance |
|---|---|---|
Paul L Dunbar Learning Center 4200 Metropolitan Avenue, Dallas, TX 75210 | K-5 | 1.8 mi |
Billy Earl Dade Middle School 2801 Park Row Avenue, Dallas, TX 75215 | 6-8 | 1 mi |
James Madison High School 3000 Martin Luther King Junior Boulevard, Dallas, TX 75215 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3525 Colonial Ave
Date
Details
Price
Change
Source
10/08/2025
Listed
$500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3525 Colonial Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,760
-3%
$414,000
6%
2024
$8,994
10%
$391,940
10%
2023
$8,177
6%
$356,310
16%
2022
$7,707
14%
$307,000
19%
2021
$6,790
23%
$257,400
26%
2020
$5,529
2%
$203,820
3%
2019
$5,402
5%
$197,600
9%
2018
$5,166
55%
$181,560
48%
2017
$3,333
—
$122,560
—
2016
$3,333
17%
$122,560
18%
2015
$2,855
—
$104,140
—
2014
$2,846
10%
$104,140
10%
2013
$2,582
—
$94,840
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3525 Colonial Ave
3525 Colonial Avenue, Dallas, TX 75215 (MLS# 21066946) is a Apartment property with 6 bedrooms and 6 full bathrooms. 3525 Colonial Avenue is currently listed for $500,000 and was received on October 08, 2025. Want to learn more about 3525 Colonial Avenue? Do you have questions about finding other Apartment real estate for sale in Dallas? You can browse all Dallas real estate or contact a Coldwell Banker agent to request more information.

