$399,000

5303 Colonial Ave Dallas, TX 75215

$4,738
Closing credit¹
4 beds
3 full, 1 partial
2,122 sqft
0.2 acres
$188 / sqft
House

Property details

About 5303 Colonial Ave

A Rare Investment Gem with Elegant Living in the Heart of Dallas (Price is per side, Duplex can be purchased separate or together) Experience the perfect blend of luxury and opportunity with this beautifully designed duplex, located just steps from Fair Park and a quick 9-minute drive to Downtown Dallas. Whether you're a discerning homeowner, savvy investor, or a visionary expanding your real estate portfolio, this property offers unmatched versatility and appeal. 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. Key Features: Prime location near Fair Park and Downtown Two expansive units with private entrances Grand front and rear balconies for refined outdoor living Ideal for multi-generational living or income-producing strategy Opportunities like this don’t come often. Step into style, strategy, and smart investment—schedule your private tour today.

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size2,122 sqft
Lot size0.161 Acres
Year built2025
ParkingConcrete, Driveway
MLS #20894711
Attached garage1 space
FireplaceElectric

Virtual tour

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave
  • Basement: No
  • Flooring Type: Laminate
  • Interior: Chandelier, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Kitchen Island, Open Floorplan, Pantry, Tile Counters
  • Fireplace: Electric
  • Total Bedroom Count: 4
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Concrete, Driveway
  • Exterior: Balcony
  • Architectural Style: Other
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • List Price: $399,000
  • Price/SqFt: $188
  • Annual Tax Amount: $1,204
  • Tax Year: 2024
  • Lot: Cleared
  • Directions: gps
  • Year Built: 2025
  • Living Area: 2,122 SqFt
  • Lot Size: 0.161 Acres
  • MLS Number: 20894711
  • MLS Name: NTR
  • Office Name: The Vibe Brokerage, LLC
  • Office Phone: (972) 900-9992
  • Listing Agent: Dasia Jessie

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Last updated on: 4/29/2025, 7:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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contemporary home with concrete driveway, a chimney, stucco siding, a front lawn, and a garage

$399,000

5303 Colonial Ave

$4,738

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$52,500$1,204
2023$44,940$1,031
2022$35,000$878
2021$6,300$163
2019$6,300$172
2018$6,300$179
2017$6,300$171

History based on county public records data.

Nearby schools

2

H.S. Thompson Elementary School

Public District KG-5

0.3 mi

5700 Bexar St

5

Charles Rice Learning Center

Public District EE-5

0.8 mi

2425 Pine St

4

St Anthony Academy

Public Charter KG-5

1.3 mi

3732 Myrtle St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $55,357. Typical income of Dallas, TX residents is less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

44%
<35k
27%
35k-100k
27%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

67%
Single, No Kids
16%
Single, with Kids
8%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
9%
12-17 yrs old
16%
18-34 yrs old
46%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5303 Colonial Ave

The listing price of 5303 Colonial Ave property is $399,000.

The property 5303 Colonial Ave is a house located in Dallas, Texas, 75215.

Active Listing: 5303 Colonial Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5303 Colonial Ave are: H.S. Thompson Elementary School (GreatSchools Rating 2/10), Charles Rice Learning Center (GreatSchools Rating 5/10), St Anthony Academy (GreatSchools Rating 4/10), St Anthony School (GreatSchools Rating 8/10), J.P. Starks Math Science and Technology Vanguard (GreatSchools Rating 8/10), Billy Earl Dade Middle School (GreatSchools Rating 3/10), Lincoln High School and Humanities/Communications Magnet (GreatSchools Rating 1/10), James Madison High School (GreatSchools Rating 2/10), Irma Rangel Young Women's Leadership School (GreatSchools Rating 9/10).

According to the records, the last property tax for 2024 is $1,204 (source: MLS/based on county public records data).

The property at 5303 Colonial Ave has 4 bedrooms and 3 full and 1 half bathrooms.

The property 5303 Colonial Ave is 2,122 SqFt (source: MLS/tax record).

The year of construction for 5303 Colonial Ave is 2025.

This home is located at 5303 Colonial Ave in Dallas, TX and zip code 75215 in the Ervay Place neighborhood. This 2,122 square foot home, which was built in 2025, sits on a 0.16 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 5, 2025 and is currently priced at $399,000.

In March 2025, from all listings sold in Dallas, TX there were more than 0 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. Between February and March 2025, Dallas, TX real estate market has seen increase in the number of listings by 23.6%. The median list price of listings available in March 2025 was $260,000, while the average time on the real estate market was 69 days.

From Rocket Homes Real Estate and based on county public records data.

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