506 N Lancaster Avenue, Dallas, TX 75203

Dallas
Local realty services provided by:Better Homes and Gardens Real Estate Edwards & Associates
506 N Lancaster Avenue,Dallas, TX 75203
$880,000
Virtual Tour
  • 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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1945
  • Listing ID #:21229843
  • Added:16 day(s) ago
  • Updated:May 14, 2026 at 11:41 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
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated May 14, 2026 Listings with the NTREIS logo are listed by brokerages other than Better Homes and Gardens Real Estate Edwards & Associates.

New listings near 506 N Lancaster Avenue