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.
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.