Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$85,000

5030 Colonial Ave, Dallas, TX, 75215

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths729 Sq Ft
Year BuiltBuilt in 1947

Property Lead Type:

BankruptcyPre-ForeclosureDeal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating GasHeating Gas
CoolingCooling

Exterior

Lot Size7,000 sqft

Building Information

Year Built1947
Stories1
Roof Type105

Land Information

APN00000208024000000
Land UseResidential
Legal DescriptionERVAY PLACE BLK 2249 LT 65 INT202400010390 DD01022024 CO-DC 2249 000 06500 1002249 000
Census Tract020900
Assessment Year2025

About this property

There's a great chance to build in Dallas! This 7,000-square-foot residential plot, which has been cleaned, provides exactly the right kind of blank slate on which to design and construct your new home or investment property. Since it's located in a well-established neighborhood, it gives builders, investors, or buyers who want to create something new a good deal of flexibility. The property has about 0.15 acres and 50 feet of frontage, so there's a lot of room to make the most of the space and turn your ideas into reality. As a residentially zoned site with no buildings currently on it, it's suitably suited for new construction or for investment purposes. If you'd like to build your dream home or wish to include a new construction property in your portfolio, this lot has great potential in one of the growing areas of Dallas.

Investor Tools

$0Estimated Mortgage Balance
$106,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$636 /month
Positive
Cash Flow Estimate:
$212 /month

Interested in this property?

Cutberto Salas

Realty Preferred DFW

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$163/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,425
$64,000
2025
N/A
N/A
$64,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,425
$64,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$106,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
17.7%

City: Dallas

5030 Colonial Ave | Property Details | No Agent List