506 N Lancaster Avenue, Dallas, TX 75203
Local realty services provided by:CENTURY 21 Harvey Properties
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:55 day(s) ago
- Updated:June 22, 2026 at 11:53 AM
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
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