3525 Colonial Ave

3,811 Sq. Ft.
$131 / Sq. Ft.
3,811
Sq. Ft.
$131
per Sq. Ft.

Description

Excellent opportunity to buy an affordable 6-plex very close to downtown. Well maintained property with excellent tenants and payment history. Rents could be increased when leases end to create an even better return. Recent infrastructure work on 45 and 310 plus real estate development in the Forest Theatre District and the Cedars makes this prime to buy now. Roof replaced in 2019; renovations in each unit throughout the last few years. Most of the units have been converted to ceramic tile floors....Excellent opportunity to buy an affordable 6-plex very close to downtown. Well maintained property with excellent tenants and payment history. Rents could be increased when leases end to create an even better return. Recent infrastructure work on 45 and 310 plus real estate development in the Forest Theatre District and the Cedars makes this prime to buy now. Roof replaced in 2019; renovations in each unit throughout the last few years. Most of the units have been converted to ceramic tile floors. Reach out with questions!
  1. Listed by Matt Templeton • TREC #0680490 • Keller Williams Urban Dallas • 972-677-3991

Property Details for 3525 Colonial Avenue

Subdivision Name
Ervay Street Heights
Structural Style
Apartment
Pool
No
Garage Spaces
0
LISTING UPDATED: 02/03/2026 09:18 AM

Property Details for 3525 Colonial Avenue

StatusActive
MLS #21066946
Days on Market123
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1964
Lot Size0.15 AC / 6,446 SF
CountyDallas County

Location

Listing Courtesy of Keller Williams Urban Dallas, Matt Templeton
Add your commute

Building Information for 3525 Colonial Avenue

Stories2Year Built1964Building Size-Lot Size0.15 AC / 6,446 SF

Payment Calculator

$3,167 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,437

Property Taxes

$730

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3525 Colonial Avenue

Summary
Location and General Information
  • Block: 21185
  • Directions: From I-45 S, take exit 283A toward Lamar St. Merge onto Julius Schepps Fwy, then turn left onto Julius Schepps Service Rd E. Turn right onto Colonial & property is to the right.
  • Elementary School: Dunbar
  • Elementary School Name: Dunbar
  • High School: Madison
  • High School Name: Madison
  • Middle School: Dade
  • School District: Dallas ISD
  • Geocode Confidence: High
  • Latitude: 32.76
  • Longitude: -96.77
  • State: Texas
Parking
  • Parking Features: Common, Parking Lot
  • Carport Spaces: 0
  • Parking Spaces Covered Total: 0
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: ERVAY STREET HEIGHTS BLK 2/1185 LT 9 & PT LT
  • Association Type: None
  • Tax Lot: 9
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Hardwood, Tile
  • Heating: Electric
  • Interior Features: Cable TV Available, High Speed Internet Available
  • Number Of Dining Areas: 6
  • Number Of Living Areas: 6
  • Appliances: Other
  • Basement: No
  • Cooling: Ceiling Fan(s), Electric, Wall/Window Unit(s)
  • Living Area: 3811.0
  • Smart Home Features Appor Pass Y: No
  • Window Features: Window Coverings
  • Room and Floor: Bedroom-Primary-1-1, Bedroom-Primary-1-2, Bedroom-Primary-1-3, Master Bedroom-1-1, Master Bedroom-1-2, Master Bedroom-1-3, Bath-Primary-1-1, Bath-Primary-1-2, Bath-Primary-1-3, Living Room-1-1, Living Room-1-2, Living Room-1-3, Bedroom-Primary-2-1, Bedroom-Primary-2-2, Bedroom-Primary-2-3, Master Bedroom-2-1, Master Bedroom-2-2, Master Bedroom-2-3, Bath-Primary-2-1, Bath-Primary-2-2, Bath-Primary-2-3, Living Room-2-1, Living Room-2-2, Living Room-2-3
Exterior Features
  • Construction Materials: Brick, Wood
  • Foundation Details: Pillar/Post/Pier
  • Number Of Stories: 2
  • Roof: Composition
  • Waterfront: No
  • Room and Features: Bedroom-Primary-1-1, Bedroom-Primary-1-2, Bedroom-Primary-1-3, Master Bedroom-1-1, Master Bedroom-1-2, Master Bedroom-1-3, Bath-Primary-1-1, Bath-Primary-1-2, Bath-Primary-1-3, Living Room-1-1, Living Room-1-2, Living Room-1-3, Bedroom-Primary-2-1, Bedroom-Primary-2-2, Bedroom-Primary-2-3, Master Bedroom-2-1, Master Bedroom-2-2, Master Bedroom-2-3, Bath-Primary-2-1, Bath-Primary-2-2, Bath-Primary-2-3, Living Room-2-1, Living Room-2-2, Living Room-2-3
  • Room List: Bedroom-Primary, Master Bedroom, Bath-Primary, Living Room
  • Levels: Two
Room 1
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Room 7
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Room 8
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Room 9
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Room 10
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Room 11
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Room 12
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Room 13
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Room 14
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Room 15
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Room 16
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Room 17
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  • Room Level: 1
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Room 18
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  • Room Level: 1
  • Room Type: Bedroom-Primary
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Property
Utilities
  • Utilities: City Sewer, City Water
Property and Assessments
  • Exclusions: Tenants' personal items
  • Financing Proposed: Cash, Conventional, FHA, VA Loan
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Acres: 0.148
  • Lot Size Area: 0.148
  • Lot Size Units: Acres
  • Lot Size Square Feet: 6446.88
  • Multi Parcel ID: No
  • Parcel Number: 00000143329000000
  • Property Attached: No

Property History for 3525 Colonial Avenue

DateEvent & SourcePriceAppreciation
Oct 8, 2025

Listed (Active)

NTREIS #21066946

$500,000—
Oct 12, 2017

Expired

NTREIS #13599037

—
May 12, 2017

Expired

NTREIS #13494372

—
Nov 11, 2016

Listed (Active)

NTREIS #13494372

$200,000—
Nov 11, 2016

Listed (Active)

NTREIS #13599037

$300,000—
May 12, 2011

Expired

NTREIS #11403012

—
May 11, 2010

Listed (Active)

NTREIS #11403012

$106,000—
DateEvent & SourcePrice
10/08/2025

Listed (Active)

NTREIS #21066946

$500,000
10/12/2017

Expired

NTREIS #13599037

—
05/12/2017

Expired

NTREIS #13494372

—
11/11/2016

Listed (Active)

NTREIS #13494372

$200,000
11/11/2016

Listed (Active)

NTREIS #13599037

$300,000
05/12/2011

Expired

NTREIS #11403012

—
05/11/2010

Listed (Active)

NTREIS #11403012

$106,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3525 Colonial Avenue

Taxable ValueLand$64,250Additions$349,750Total$414,000
Tax Record2024$8,760 ($730 / month)
Home Facts
Total Finished SqFt3,811 SqFtAbove Grade Finished SqFt3,811 SqFtStories2Lot Size6,425 SqFtStyleMulti-Family Res (5+ Units)Year Built1964ZoningZ239CountyDALLASAPN00000143329000000

Schools near 3525 Colonial Avenue

This home is within Dallas Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 7
Rating
School
Distance
Paul L Dunbar Learning Center
PublicPK to 5

Billy Earl Dade Middle School
Public6 to 8

James Madison High School
Public9 to 12

Dr. Martin Luther King Jr. Arts Academy
PublicPK to 7

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3525 Colonial Avenue is a single family home for sale in Dallas, TX 75215. This property was listed for sale on October 8, 2025 by Keller Williams Urban Dallas, it's currently listed at $500,000. This listing's school district is Dallas Independent School District. Nearby schools include Paul L Dunbar Learning Center, Billy Earl Dade Middle School and James Madison High School. 3525 Colonial Avenue is a 6-bed, 6-bath, 3,811 sqft single family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Urban Dallas, Matt Templeton

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 02/03/2026 09:18 AM