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Property Description
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
Full Property Details for 5305 Colonial Ave
General
- Taxes: $1,173
- Status: Closed
- Type: Duplex
- Source: NTREIS
- MLS ID: 20894748
- Added to Site: 384 day(s) ago
Interior
- Interior Features: Chandelier, Decorative/Designer Lighting Fixtures
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Decorative, Electric
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Microwave
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Electric Dryer Hookup
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Balcony, Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 1
- Parking Features: Carport, 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 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
Sold by Woods & Associates REALTORS, Sarah Shaw
Listing agent
— 5305 Colonial Ave —
Dasia Jessie
The Vibe Brokerage, LLC
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 5305 Colonial Ave
School District:Dallas Independent School District
| Name | Grades | Distance |
|---|---|---|
Charles Rice Learning Center 2425 Pine Street, Dallas, TX 75215 | K-5 | 0.9 mi |
Billy Earl Dade Middle School 2801 Park Row Avenue, Dallas, TX 75215 | 6-8 | 2 mi |
Lincoln Humanities/Communications 2826 Elsie Faye Heggins Street, Dallas, TX 75215 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
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- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 6Total Baths
- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 6Total Baths
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5305 Colonial Avenue, Dallas, TX 75215 (MLS# 20894748) is a Duplex property that was sold on February 11, 2026. Want to learn more about 5305 Colonial Avenue? Do you have questions about finding other Duplex real estate for sale in South Delaware Creek? You can browse all South Delaware Creek real estate or contact a Coldwell Banker agent to request more information.