5305 Colonial Avenue Dallas, TX 75215

UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 2,122 sqft
Subdivision Ervay Place
MLS Listing ID 20894748
Style Other
Bedrooms 4
Full Baths 3
Half Baths 1
HOA Y/N None
Year Built 2025
Annual Tax Amount $1,173
Lot Size 7,013 Sqft
Acres 0.161
Property Sub-Type Single Family Residence
Property Description
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.
Location
State TX
County Dallas
Direction gps
Rooms
Dining Room 0
Interior
Interior Features Chandelier, Decorative Lighting
Heating Central, Electric
Cooling Central Air, Electric
Flooring Laminate
Fireplaces Number 1
Fireplaces Type Decorative, Electric
Appliance Dishwasher, Electric Cooktop, Electric Oven, Microwave
Heat Source Central, Electric
Laundry Electric Dryer Hookup, Full Size W/D Area
Exterior
Exterior Feature Balcony, Covered Patio/Porch
Garage Spaces 1.0
Carport Spaces 2
Fence Wood
Utilities Available City Sewer, City Water
Roof Type Other
Total Parking Spaces 1
Garage Yes
Building
Lot Description Cleared
Story Two
Foundation Other
Level or Stories Two
Structure Type Stucco
Schools
Elementary Schools Charles Rice Learning Center
Middle Schools Dade
High Schools Lincoln
School District Dallas Isd
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20894748

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