506 N Lancaster Avenue, Dallas, TX 75203
Local realty services provided by:CENTURY 21 Judge Fite Company
Listed by: tiffany turincio
Office: kimberly adams realty
MLS#:21229843
Source:GDAR
Price summary
- Price:$880,000
- Price per sq. ft.:$235.04
About this home
Located in the heart of North Oak Cliff, this updated 2023 4-plex offers a rare opportunity just minutes from Bishop Arts District and Downtown Dallas.
The property updated in 2023 features (2) 2-bedroom 1-bath units and (2) 1-bedroom 1-bath units, providing flexible living and rental options in a highly desirable Dallas location. Residents enjoy close proximity to some of the city’s best dining, entertainment, and cultural attractions, along with easy access to major employment centers in Downtown Dallas. Nearby parks and green spaces, including Lake Cliff Park, offer additional recreation and outdoor appeal.The area continues to experience strong growth and redevelopment, making this an excellent opportunity for both owner-occupants and investors seeking long-term value in a rapidly appreciating corridor of Oak Cliff. Short term rental and Airbnb eligible with projected $12.8k a month income and 12% cap rate at asking. Survey available on transaction desk.
Contact an agent
Home facts
- Year built:1945
- Subdivision & Development:Oak Cliff Original
- Listing ID #:21229843
- Added:111 day(s) ago
- Updated:August 17, 2026 at 02:05 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Luxury Vinyl Plank
- Kitchen Description:Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator
- Living area:3,744 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric, Natural Gas
- Central air:Yes
Structure and exterior
- Year built:1945
- Building area:3,744 sq. ft.
- Lot area:0.16 Acres
- Foundation Description:Pillar Post Pier
- Levels:2 Story
Schools
- High school:Adamson
- Middle school:Garcia
- Elementary school:Bowie
Finances and disclosures
- Price:$880,000
- Price per sq. ft.:$235.04
- Tax amount:$13,902
Features and amenities
- Appliances:Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater
- Amenities:Smoke Detectors
Parking
- Total parking spaces:6
New listings near 506 N Lancaster Avenue
- Open Tue, 11am to 1pmNew
$1,814,000Active5 beds 4 baths3,658 sq. ft.7050 Orchid Lane, Dallas, TX 75230
MLS# 21360770Listed by: COMPASS RE TEXAS, LLC. - New
$2,395,000Active4 beds 5 baths4,587 sq. ft.6828 Chevy Chase Avenue, Dallas, TX 75225
MLS# 21361049Listed by: ALLIE BETH ALLMAN & ASSOC. - New
$4,700,000Active4 beds 5 baths3,777 sq. ft.4410 Everdell Place, Dallas, TX 75205
MLS# 21361508Listed by: BRIGGS FREEMAN SOTHEBY'S INT'L - Open Sun, 1 to 3pmNew
$1,295,000Active4 beds 4 baths3,054 sq. ft.7336 Lakehurst Avenue, Dallas, TX 75230
MLS# 21342825Listed by: COMPASS RE TEXAS, LLC. - New
$2,100,000Active4 beds 5 baths4,467 sq. ft.17410 Dowell Circle, Dallas, TX 75252
MLS# 21354843Listed by: KELLER WILLIAMS REALTY DPR - New
$449,999Active2 beds 3 baths1,508 sq. ft.5065 Gaston Avenue #102, Dallas, TX 75214
MLS# 21361337Listed by: KRYSTAL WOMBLE ELITE REALTORS - New
$105,000Active1 beds 1 baths678 sq. ft.5335 Bent Tree Forest, Dallas, TX 75248
MLS# 21360546Listed by: ATTORNEY BROKER SERVICES - New
$55,000Active0.07 Acres3106 Claibourne Boulevard, Dallas, TX 75212
MLS# 21361296Listed by: AGENCY DALLAS PARK CITIES, LLC - New
$850,000Active3 beds 2 baths1,250 sq. ft.1510 N Carroll Avenue, Dallas, TX 75204
MLS# 21361340Listed by: COMPETITIVE EDGE REALTY LLC - New
$2,600,000Active5 beds 6 baths5,260 sq. ft.6409 Ellsworth Avenue, Dallas, TX 75214
MLS# 21360190Listed by: UNITED REAL ESTATE