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506 N Lancaster Avenue, Dallas, TX 75203

Dallas
Local realty services provided by:CENTURY 21 Elite
506 N Lancaster Avenue,Dallas, TX 75203
$880,000
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  • 6 Beds
  • 4 Baths
  • 3,744 sq. ft.
  • Multi-family
  • Active
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.

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Home facts

  • Year built:1945
  • Listing ID #:21229843
  • Added:1 day(s) ago
  • Updated:April 27, 2026 at 10:10 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
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated April 27, 2026 Listings with the NTREIS logo are listed by brokerages other than CENTURY 21 Elite.

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