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$433,110

NAL Estimated Property Value

5223 Colonial Ave, Dallas, TX, 75215

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths2 Bath
Baths1,650 Sq Ft
DuplexDuplex
price_per_sqft$1.33 / sqft
Year BuiltBuilt in 2024

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Microwave, Tankless Water Heater
FlooringVinyl

Exterior

Lot Size7,000 sqft

Land Information

APN00000207976000000
Lot Number38
SubdivisionErvay Place
Land UseResidential
Legal DescriptionERVAY PLACE BLK 2248 LT 38 COLONIAL INT202300059489 DD03282023 CO-DC 2248 000 03800 1002248 000
Census Tract020900
Assessed Land Value$63,000
Assessed Improvement Value$370,110
Assessment Year2025

About this property

Welcome to this beautifully crafted new build, a 4-bedroom, 2-bathroom home located in the heart of Dallas. This modern one-story duplex home offers an open-concept layout with high ceilings and abundant natural light. The kitchen boasts quartz countertops, gray shaker cabinets, stainless steel appliances, and a large center island overlooking the main living and dining areas. Each side is available for sale. This property would make a great rental or Airbnb. Located in a growing neighborhood with easy access to major highways, shopping, and dining. Move-in ready!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$298/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,408
$433,110
2025
$63,000
$370,110
$433,110
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,408
$433,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Fha
$225,834
Yes
First
Dec 5, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,197
$208,913
48%
52%
$1,354/mo

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.

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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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5223 Colonial Ave | Property Details | No Agent List