5305 Colonial Avenue
Dallas, TX, 75215
$350,000
4 Beds
3.1 Baths
2,122 SqFt
0.16 Acres
MLS #20894748 image #0MLS #20894748 image #1MLS #20894748 image #2MLS #20894748 image #3MLS #20894748 image #4MLS #20894748 image #5MLS #20894748 image #6MLS #20894748 image #7MLS #20894748 image #8MLS #20894748 image #9MLS #20894748 image #10MLS #20894748 image #11MLS #20894748 image #12MLS #20894748 image #13

Location

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.

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

Property Details

Price:
$350,000
MLS #:
20894748
Status:
Active
Beds:
4
Baths:
3.1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Ervay Place
Listed Date:
Apr 5, 2025
Finished Sq Ft:
2,122
Lot Size:
7,013 sqft / 0.16 acres (approx)
Year Built:
2025
GarageNew Construction – CompleteErvay PlaceDallas IsdCharles Rice Learning CenterDadeLincoln

Schools

School District:
Dallas ISD
Elementary School:
Charles Rice Learning Center
Middle School:
Dade
High School:
Lincoln

Interior

Bathrooms Full
3
Bathrooms Half
1
Cooling
Central Air, Electric
Fireplace Features
Decorative, Electric
Fireplaces Total
1
Flooring
Laminate
Heating
Central, Electric
Interior Features
Chandelier, Decorative Lighting
Number Of Living Areas
1

Exterior

Carport Spaces
2
Construction Materials
Stucco
Exterior Features
Balcony, Covered Patio/Porch
Fencing
Wood
Garage Spaces
1
Lot Size Area
0.1610

Financial

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

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Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.

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Community

Subdivisions in Dallas

Market Summary

Current real estate data for Single Family in Dallas as of Oct 05, 2025
3,807
Single Family Listed
79
Avg DOM
306
Avg $ / SqFt
$946,973
Avg List Price

Property Summary

    Located in the Ervay Place subdivision, 5305 Colonial Avenue Dallas TX is a Single Family for sale in Dallas, TX, 75215. It is listed for $350,000 and features 4 beds, 3 baths, and has approximately 2,122 square feet of living space, and was originally constructed in 2025. The current price per square foot is $165. The average price per square foot for Single Family listings in Dallas is $306. The average listing price for Single Family in Dallas is $946,973. To schedule a showing of MLS#20894748 at 5305 Colonial Avenue in Dallas, TX, contact your Aaron Layman Properties agent at 940-209-2100.
5305 Colonial Avenue
Dallas, TX