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5223 Colonial Ave, Dallas, TX, 75215

4beds
2baths
1,656sqft
$230,000
$139price/sqft
$2,032/moest. monthly cost
$81,280/yrincome needed

About This Home

Discover a contemporary new-construction half-duplex in central Dallas - 4 beds, 2 baths. Bright, open floor plan with plenty of natural light. The chef-ready kitchen features quartz counters, gray shaker cabinets, stainless steel appliances, and a large island that flows into the living and dining space. This unit is being sold individually, the other side is already sold. Ideal for rental income or Airbnb, situated in a rapidly developing neighborhood with quick access to highways, shopping, and restaurants. Ready for immediate move-in.

Getting Around

36
WalkingCar-Dependent
39
TransitSome Transit
46
BikeSomewhat Bikeable

Schools

7/10
4/10

Construction

Condition

  • Year built: 2024

Materials

  • Foundation: Slab
  • Roof: Shingle

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary/Modern
  • Property subType: Duplex,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Disposal

Bedroom

  • Level: First
  • Dimensions: 1 x 1

Bedroom

  • Level: First
  • Dimensions: 1 x 1

Bedroom

  • Level: First
  • Dimensions: 1 x 1

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First
  • Dimensions: 1 x 1

Features

  • Decorative/Designer Lighting Fixtures,Kitchen Island
  • Flooring: Vinyl

Heating & Cooling

  • Heating features: Electric,ENERGY STAR Qualified Equipment
  • Cooling features: Electric,ENERGY STAR Qualified Equipment

Interior Area

  • Total interior livable area: 1,656 sqft

Living Room

  • Level: First
  • Dimensions: 12 x 14

Master Bathroom

  • Level: First
  • Dimensions: 1 x 1

Master Bedroom

  • Level: First
  • Dimensions: 13 x 14

Other

  • Level: First
  • Dimensions: 1 x 1

Property

Details

  • Parcel number: 00000207976000000
  • Attached to another structure: Yes
  • Horse amenities: Arena

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Fencing: Fenced

Lot

  • Lot size: 7,013 sqft

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailVery High
  • Heat Wave
    Heat WaveVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Heat Wave
Cold Wave
Inland Flooding
Tornado
Winter Weather

FEMA Declared Disasters Across Texas Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,163$13,956
Home Insurance *$213$2,556
Property Taxes $418$5,016
Electricity $238$2,859
Total$2,032$24,384
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$69,668/yr
40% on housing$60,960/yr
45% on housing$54,186/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.4%
6.4%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$139This listing

vs Other Active Listings

Avg $/sqft

ZIP 75215$129
Dallas County$232

vs Homes Sold Last Month

Median $/sqft

ZIP 75215$181
Dallas County$190

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-17Listed for sale$240,000
2026-04-13Listing removed$245,000
2026-02-05Listed for sale$245,000
2025-11-07Listing removed$235,900
2025-10-27Listed for sale$235,900
2025-09-11Listing removed$259,900
2025-07-16Listed for sale$259,900
2024-11-23Listing removed$2,400
2024-11-22Price change$229,000
2024-11-15Listed for rent$2,400
2024-11-14Listed for sale$250,000
2024-11-09Listing removed$269,900
2024-10-12Listed for sale$269,900
2023-04-06Listing removed--
2022-03-19Listing removed$150,000
2022-03-09Listed for sale$150,000

For Sale by Agent

AgentDasia Duckett
BrokerageThe Vibe Brokerage, LLC

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