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$279,000

4020 Colonial Ave, Dallas, TX, 75215

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths1 Bath
Baths1,689 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.19 / sqft
Year BuiltBuilt in 1922

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Cooktop, Electric Oven, Electric Water Heater

Exterior

Lot Size8,250 sqft

Building Information

Year Built1922
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000162013000000
Lot Number1-2
SubdivisionColonial
Land UseResidential
Legal DescriptionCOLONIAL ANNEX BLK E/16O1 PT LTS 1 & 2 INT201500190933 DD07142015 CO-DC 1601 00E 00200 1001601 00E
Census Tract020900
Assessed Land Value$74,250
Assessed Improvement Value$124,550
Assessment Year2025

About this property

Discover the Possibilities in the Heart of Dallas! Welcome to 4020 Colonial Ave, a beautifully positioned 3-bedroom property offering comfort, versatility, and exceptional potential just minutes from Downtown Dallas. Offered at $279,000, this residence features an extended kitchen, plumbing improvements, a generous outdoor patio ideal for entertaining, and exterior storage. Enjoy the convenience of being close to Downtown Dallas, major highways, dining, shopping, entertainment, and everything the city has to offer. Whether you’re looking for a place to call home or a strategic investment opportunity, this property presents an exciting opportunity to create something truly special. Come see the possibilities and make this Dallas address your next great investment!

Investor Tools

$0Estimated Mortgage Balance
$246,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,674 /month
Positive
Cash Flow Estimate:
$558 /month

Interested in this property?

Maritza Furlan

Julio Romero LLC, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$459/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,276
$198,800
2025
$74,250
$124,550
$198,800
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,276
$198,800

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$246,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
N/A
+$2,572/mo
12.5%

Learn About the Market: Opportunity in Dallas

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Explore

Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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