About 5303 Colonial Avenue
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.
Features of 5303 Colonial Avenue
| MLS® # | 20894711 |
|---|---|
| Price | $340,000 |
| Bedrooms | 4 |
| Bathrooms | 3.10 |
| Full Baths | 3 |
| Half Baths | 1 |
| Square Footage | 2,122 |
| Acres | 0.16 |
| Year Built | 2025 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 5303 Colonial Avenue |
|---|---|
| Subdivision | Ervay Place |
| City | Dallas |
| County | Dallas |
| State | TX |
| Zip Code | 75215-4910 |
Amenities
| Utilities | City Sewer, City Water |
|---|---|
| # of Garages | 1 |
| Garages | Concrete, Driveway |
| Is Waterfront | No |
| Pool On Property | No |
Interior
| Interior Features | Chandelier, Decorative Lighting, Eat-in Kitchen, Kitchen Island, Open Floorplan, Pantry, Tile Counters |
|---|---|
| Heating | Central, Electric |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Electric |
Exterior
| Exterior Features | Balcony |
|---|---|
| Lot Features | Cleared |
| Roof | Other |
| Construction | Stucco |
| Foundation | Other |
School Information
| District | Dallas ISD |
|---|---|
| Elementary | Charles Rice Learning Center |
| Middle | Dade |
| High | Lincoln |
Additional Information
| Architectural Style | Other |
|---|---|
| # of living Areas | 1 |
| # of Fireplaces | 1 |
| Flooring | Laminate |
| $/LivSqFt | $160 |
Listing Details
| Agent | Dasia Jessie |
|---|---|
| Office | The Vibe Brokerage, LLC |