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$119,900 Sale Pending
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Property Description
Attention investors! This newer-construction duplex offers 3-bedroom, 1-bath per side and offers a strong opportunity to add a low-maintenance rental property to your portfolio. Property features an open- concept layout, located in the rapidly developing South DallasF air Park area, the property provides convenient access to Downtown Dallas, major highways, public transit, Fair Park, and employment centers. The area continues to experience redevelopment and investment activity, creating long-term appreciation potential. This property has One Address, Duplex that both sides being sold together, each side A & B are a 3 bedroom 1 full bath, each have one living area and a kitchen. Each duplex has its own private backyard with wood fence. Property needs repairs
Full Property Details
Full Property Details for 5315 Colonial Ave
General
- Price: $119,900
- Taxes: $9,066
- Status: Pending
- Type: Duplex
- Source: NTREIS
- MLS ID: 21304964
- Updated: 7/13/2026
- Added to Site: 26 day(s) ago
Interior
- Interior Features: Other
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Parking
- Parking Features: Driveway
Location
- County: Dallas
- Subdivision: Ervay Place
- Driving Directions: See GPS
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: Electric
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Available, Water Available
Structural Information
- Structure Type: Duplex
- Detached/Attached: Attached
- Construction: Wood Siding
- Roof: Composition
- Stories/Levels: 1
- Living Area: 1,680 Sq. Ft.
- Year Built: 2020
Lot Features
- Lot Size (Acres): 0.161
- Lot Size (Sq. Ft.): 7,013.16
- Fencing (Description): Wood
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $9,066
- Terms: Cash
Disclosures and Reports
- Legal Description: ERVAY PLACE BLK 2248 LT 33 COLONIAL
- Property ID: 207961000000
- Block: 2248
- Lot Number: 33
Listed by RE/MAX Cross Country, Benjamin Deanda
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Schools
Schools serving 5315 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.
Price & Sales History for 5315 Colonial Ave
Date
Details
Price
Change
Source
6/17/2026
Listed
$119,900
—
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 5315 Colonial Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,164
16%
$407,150
52%
2024
$6,152
5%
$268,100
5%
2023
$5,880
2%
$256,230
12%
2022
$5,737
61%
$228,530
69%
2021
$3,570
526%
$135,340
544%
2020
$570
99%
$21,000
100%
2019
$287
60%
$10,500
67%
2018
$179
5%
$6,300
—
2017
$171
—
$6,300
—
2016
$171
-1%
$6,300
—
2015
$173
1%
$6,300
—
2014
$172
—
$6,300
—
2013
$172
—
$6,300
—
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 5315 Colonial Ave
5315 Colonial Avenue, Dallas, TX 75215 (MLS# 21304964) is a Duplex property with 6 bedrooms and 2 full bathrooms. 5315 Colonial Avenue is currently listed for $119,900 and was received on June 17, 2026. Want to learn more about 5315 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.

