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5303 Colonial Avenue Dallas, Texas 75215

For Sale

$320,000

Smart Buyer Rebate - Ask

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.

Listed by Dasia Jessie

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The Vibe Brokerage, LLC

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972-571-2096

Last updated November 08, 2025

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Source: NTREIS #20894711

Listing Facts

  • TypeSingle-family
  • NeighborhoodSouth Dallas
  • Bedrooms4
  • Bathrooms4
  • Days on Prevu228
  • Size2,122 sqft
  • Price per sqft$151

Amenities

  • Dishwasher
  • Pets Allowed
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

11/08/2025
Price Decreased
$320,000
10/05/2025
Price Decreased
$340,000
09/14/2025
Price Decreased
$350,000
07/14/2025
Price Decreased
$360,000
05/24/2025
Price Decreased
$375,000
05/06/2025
Price Decreased
$380,000
04/05/2025
Listed by The Vibe Brokerage, LLC
$399,000

Property Details for 5303 Colonial Avenue

Exterior

Construction

  • Property Attached: Yes
  • Roof: Other
  • Year Built: 2025
  • Year Built Details: New Construction - Complete
  • Architectural Style: Other
  • Construction Materials: Stucco
  • Exterior Features: Balcony

Features

  • Fencing: Wood

Measurements

  • Lot Features: Cleared
  • Lot Size Acres: 0.16
  • Lot Size Area: 0
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 7,013
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 00000207970000000

Interior

Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave
  • Fireplace Features: Electric
  • Fireplaces Total: 1
  • Flooring: Laminate
  • Interior Features: Chandelier, Decorative Lighting, Eat-in Kitchen, Kitchen Island, Open Floorplan, Pantry, Tile Counters

Measurements

  • Living Area: 2,122

Rooms

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

Other

Location

  • Subdivision Name: Ervay Place
  • Tax Block: 2248
  • Tax Lot: 36

Parking

Parking

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

Schools

Elementary School

  • Elementary School: Charles Rice Learning Center

Utilities

Equipment

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Laundry Features: Electric Dryer Hookup, Full Size W/D Area, Washer Hookup
  • Utilities: City Sewer, City Water

Based on information from NTREIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.