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$310,000

  • For Sale
  • Active
  • Duplex
  • 4 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 0.161 Acres
  • 1 Car Garage
  • Updated 19 hours ago
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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.

Full Property Details for 5303 Colonial Ave

General

  • Price: $310,000
  • Taxes: $1,173
  • Status: Active
  • Type: Duplex
  • Source: NTREIS
  • MLS ID: 20894711
  • Updated: 1/17/2026
  • Added to Site: 287 day(s) ago

Interior

  • Interior Features: Chandelier, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Kitchen Island, Open Floorplan, Pantry, Tile Counters
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Electric
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave
  • Flooring: Laminate

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Washer Hookup, Electric Dryer Hookup

Exterior

  • Exterior Features: Balcony
  • Porch/Patio/Deck: Balcony

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Carports: Yes
  • Carport Spaces: 2
  • Covered Spaces: 1
  • Parking Features: Concrete, Driveway

Location

  • County: Dallas
  • Subdivision: Ervay Place
  • Driving Directions: gps

School Information

  • Elem School District: Dallas ISD
  • Midd School District: Dallas ISD
  • High School District: Dallas ISD
  • Elementary School: Charles Rice Learning Center
  • Middle School: Dade
  • High School: Lincoln

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Sewer Available, Water Available

Structural Information

  • Architectural Style: Other
  • Structure Type: Duplex
  • Detached/Attached: Attached
  • Construction: Stucco
  • Roof: Other
  • Stories/Levels: 2
  • Living Area: 2,122 Sq. Ft.
  • Year Built: 2025

Lot Features

  • Lot Size (Acres): 0.161
  • Lot Size (Sq. Ft.): 7,013.16
  • Lot Size Source: Public Records
  • Lot Features: Cleared
  • Fencing (Description): Wood

Financial Considerations

  • For Sale/Rent/Lease: For Sale
  • Tax Amount: $1,173
  • Terms: Cash, Conventional, FHA

Disclosures and Reports

  • Legal Description: ERVAY PLACE BLK 2248 LT 36
  • Property ID: 207970000000
  • Block: 2248
  • Lot Number: 36

Listed by The Vibe Brokerage, LLC, Dasia Jessie

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Listing agent

— 5303 Colonial Ave —

  • Dasia Jessie

    The Vibe Brokerage, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5303 Colonial Ave

School District:Dallas Independent School District
NameGradesDistance
Charles Rice Learning Center
2425 Pine Street, Dallas, TX 75215
K-50.9 mi
Billy Earl Dade Middle School
2801 Park Row Avenue, Dallas, TX 75215
6-82 mi
Lincoln Humanities/Communications
2826 Elsie Faye Heggins Street, Dallas, TX 75215
9-120.9 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 5303 Colonial Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/25/2025
Price Reduced
$310,000
-3.12%
MLS
11/08/2025
Price Reduced
$320,000
-5.88%
MLS
10/05/2025
Price Reduced
$340,000
-2.86%
MLS
9/14/2025
Price Reduced
$350,000
-2.78%
MLS
7/14/2025
Price Reduced
$360,000
-4%
MLS
5/23/2025
Price Reduced
$375,000
-1.32%
MLS
5/06/2025
Price Reduced
$380,000
-4.76%
MLS
4/05/2025
Listed
$399,000
—
MLS
Get Price Alerts and Save Property
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 for 5303 Colonial Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,173
-3%
$607,250
1057%
2024
$1,205
17%
$52,500
17%
2023
$1,031
17%
$44,940
28%
2022
$879
430%
$35,000
456%
2021
$166
-3%
$6,300
—
2020
$171
-4%
$6,300
—
2018
$179
4%
$6,300
—
2019
$172
1%
$6,300
—
2017
$171
—
$6,300
—
2016
$171
-1%
$6,300
—
2015
$173
1%
$6,300
—
2014
$172
—
$6,300
—
2013
$172
—
$6,300
—
View All
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 for 5303 Colonial Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

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NMLS#: 1598647

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Listed by The Vibe Brokerage, LLC, Dasia Jessie

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5303 Colonial Avenue, Dallas, TX 75215 (MLS# 20894711) is a Duplex property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 5303 Colonial Avenue is currently listed for $310,000 and was received on April 05, 2025. Want to learn more about 5303 Colonial Avenue? Do you have questions about finding other Duplex real estate for sale in Dallas? You can browse all Dallas real estate or contact a Coldwell Banker agent to request more information.

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