5305 Colonial Ave

Dallas, TX 75215
  • $340,000

    Price
  • 4

    Bed
  • 3.5

    Bath
  • 2,122

    SqFt

About the Listing VBLL01 - 0756240

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.

Listing Highlights for 5305 Colonial Ave

Status Active
Days on Site 189
Property Type Residential
MLS ® 20894748
Year Built 2025
Total Square Footage 2,122
Lot/Acreage 0.16
County Dallas
Neighborhood Ervay Place
School District Dallas ISD
Elementary School Charles Rice Learning Center
Middle School Dade
High School Lincoln

Interior Details

  • Bedrooms: 4
  • Bathrooms: 3 Full / 1 Half
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Microwave
  • Air Cond: Central Air,Electric
  • Heating: Central,Electric
  • Fireplaces: 1, Decorative,Electric
  • Floor: Laminate
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Chandelier,Decorative Lighting
  • Water:

Exterior Details

  • Lot Description: Cleared,Less Than .5 Acre (not Zero)
  • Garage Capacity: 1 car
  • Roof: Other
  • Others: Balcony,Covered Patio/Porch,New Construction - Complete
  • Sewer:
  • Parking Features: Carport,Driveway

Financial Details

  • Tax Amount: $1,173
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 00000207970000000
  • Tax Year: N/A

Payment Calculator

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Listing Location

Questions About..

5305 Colonial Ave Dallas, TX 75215

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