NOT LISTED FOR SALE

5319 Colonial Ave Dallas, TX 75215

Estimated Value: $63,000 - $506,261

0.16 Acre
$1,649,472 Price per Acre
7,013 Sq Ft Lot

Last Sold May 03, 2023

Current estimated payment $1,517/month

28 Days on Market

About This Lot

As of May 2023

Builder INVESTORS Great opportunity to build an affordable SINGLE family or DUPLEX on a developed lot in an up and coming area. Minutes from downtown, major highways and Fair Park.

Last Agent to Sell the Property

Amy Jo Saenz

Pinnacle Realty Advisors License #0633732 Listed on: 02/27/2023

Pinnacle Realty Advisors

Co-Listed By

Bryant Smith

Pinnacle Realty Advisors License #0744250

Last Buyer's Agent

NON-MLS MEMBER

NON MLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,220

Lot Details

  • 7,013 Sq Ft Lot
  • Interior Lot
  • Few Trees

Schools

  • Rice Elementary School
  • Dade Middle School
  • Lincoln High School

Utilities

  • Individual Gas Meter
  • Cable TV Available

Community Details

  • Ervay Place Subdivision

Listing and Financial Details

  • Legal Lot and Block 32 / 2248
  • Assessor Parcel Number 00000207958000000
  • $554 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$1,220

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: No Known Restriction(s)
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Crop Retire Program Y N: No
  • Horse Permitted Y N: No
  • Lake Pump Y N: No
  • Attribution Contact: 972-338-5441
  • Special Features: None

Exterior Features

  • Easements: Utilities
  • Waterfront: No
  • RoadSurfaceType: Concrete

Utilities

  • Utilities: All Weather Road, Asphalt, Cable Available, City Sewer, City Water, Concrete, Curbs, Electricity Connected, Individual Gas Meter, Individual Water Meter

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: City Limits, Streets Installed

Schools

  • School District: Dallas ISD
  • Elementary School: Rice
  • Middle School: Dade
  • High School: Lincoln
  • School District: Dallas ISD
  • Elementary School: Rice

Lot Info

  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Few Trees, Interior Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.1610
  • Parcel Number: 00000207958000000
  • Lot Size Acres: 0.1610
  • Lot Size Sq Ft: 7013.1600
  • Zoning Description: residential
  • Present Use: Unimproved
  • LandLeaseYN: No

Building Info

  • SeniorCommunityYN: No

Tax Info

  • Unexempt Taxes: 554
  • TaxBlock: 2248
  • Tax Lot: 32

MLS Schools

  • Middle School Name: Dade
  • Elementary School Name: Rice
  • High School Name: Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2025
Sold by
Ameritex Homes Llc
Bought by
Rcaz Llc
Current Estimated Value
$265,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000,000
Outstanding Balance
$59,895,783
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
-$59,635,953

Purchase Details

Listed on
Feb 27, 2023
Closed on
May 1, 2023
Sold by
Siddiqu Sadia and Siddiqu Jamil
Bought by
Ameritex Homes Llc
Seller's Agent
Amy Jo Saenz
Pinnacle Realty Advisors
Buyer's Agent
NON-MLS MEMBER
NON MLS
List Price
$65,000
Views
86

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.79%
Original Mortgage
$3,000,000
Interest Rate
6.42%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 27, 2019
Closed on
Apr 27, 2019
Sold by
Price Patricia and Figures Rozene
Bought by
Siddiqu Sadia
Seller's Agent
Mallane Scott
Lanee Scott Realtors, LLC
Buyer's Agent
Mallane Scott
Lanee Scott Realtors, LLC
List Price
$20,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.38%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rcaz Llc -- None Listed On Document
Ameritex Homes Llc -- None Listed On Document
Siddiqu Sadia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rcaz Llc $60,000,000
Previous Owner Ameritex Homes Llc $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2023 05/03/23 Sold -- -- --
03/27/2023 03/27/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $65,000 +225.0% --
04/30/2019 04/30/19 Sold -- -- --
03/31/2019 03/31/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $20,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,220 $473,870 $63,000 $410,870
2024 $1,220 $54,600 $54,600 --
2023 $1,220 $35,000 $35,000 $0
2022 $875 $35,000 $35,000 $0
2021 $554 $21,000 $21,000 $0
2020 $570 $21,000 $21,000 $0
2019 $299 $10,500 $10,500 $0
2018 $171 $6,300 $6,300 $0
2017 $171 $6,300 $6,300 $0
2016 $171 $6,300 $6,300 $0
2015 $173 $6,300 $6,300 $0
2014 $173 $6,300 $6,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20267503

North Texas Real Estate Information Systems (NTREIS)

APN: 00000207958000000