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.
Pending
$880,000
506 N Lancaster Ave, Dallas, TX 75203
6beds
3,744sqft
Quadruplex, Multi Family
Built in 1945
-- sqft lot
$840,300 Zestimate®
$235/sqft
$-- HOA
What's special
- 125 days
- 52
- 0
Zillow last checked:
Listing updated:
Listed by:
Tiffany Turincio 0722031 817-513-4708,
Kimberly Adams Realty 817-513-4708
Source: NTREIS,MLS#: 21229843
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central, Electric, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Gas Cooktop, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater
Features
- Kitchen Island, Multiple Staircases, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s)
- Flooring: Luxury Vinyl Plank
- Has basement: No
Interior area
- Total structure area: 3,744
- Total interior livable area: 3,744 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Additional Parking, Concrete
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony, Covered
- Exterior features: Balcony, Private Entrance
- Pool features: None
- Fencing: Front Yard,Wood
Lot
- Size: 6,943 Square Feet
Details
- Parcel number: 00000250228000000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Foundation: Pillar/Post/Pier
- Roof: Shingle
Condition
- Resale
- Year built: 1945
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Sewer Available, Cable Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Oak Cliff Original
HOA
- Has HOA: No
Location
- Region: Dallas
Financial & listing details
- Price per square foot: $235/sqft
- Tax assessed value: $624,330
- Annual tax amount: $13,902
- Date on market: 4/27/2026
- Cumulative days on market: 111 days
- Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
Estimated market value
$840,300
$798,000 - $882,000
$2,377/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Pending sale | $880,000$235/sqft |
Source: NTREIS #21229843 Report a problem | ||
| 8/2/2026 | Contingent | $880,000$235/sqft |
Source: NTREIS #21229843 Report a problem | ||
| 4/27/2026 | Listed for sale | $880,000+67.5%$235/sqft |
Source: NTREIS #21229843 Report a problem | ||
| 4/6/2023 | Listing removed | -- |
Source: NTREIS #20009862 Report a problem | ||
| 12/23/2022 | Sold | -- |
Source: NTREIS #20109717 Report a problem | ||
| 10/17/2022 | Pending sale | $525,500$140/sqft |
Source: NTREIS #20109717 Report a problem | ||
| 9/28/2022 | Listed for sale | $525,500-4.2%$140/sqft |
Source: NTREIS #20109717 Report a problem | ||
| 9/26/2022 | Contingent | $548,500$147/sqft |
Source: NTREIS #20109717 Report a problem | ||
| 8/16/2022 | Price change | $548,500-2.9%$147/sqft |
Source: NTREIS #20109717 Report a problem | ||
| 8/2/2022 | Listed for sale | $565,000$151/sqft |
Source: NTREIS #20109717 Report a problem | ||
| 7/22/2022 | Pending sale | $565,000$151/sqft |
Source: NTREIS #20109717 Report a problem | ||
| 7/14/2022 | Listed for sale | $565,000-3.4%$151/sqft |
Source: NTREIS #20109717 Report a problem | ||
| 6/1/2022 | Listing removed | $585,000$156/sqft |
Source: NTREIS #20009862 Report a problem | ||
| 3/17/2022 | Listed for sale | $585,000$156/sqft |
Source: NTREIS #20009862 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,902 -0.3% | $624,330 +0% |
| 2024 | $13,949 +73.7% | $624,100 +78.3% |
| 2023 | $8,032 -37.6% | $350,000 -31.7% |
| 2022 | $12,861 +39% | $512,330 +46.1% |
| 2021 | $9,253 -2.8% | $350,770 |
| 2020 | $9,516 +3.8% | $350,770 +4.6% |
| 2019 | $9,164 +52.3% | $335,240 +58.5% |
| 2018 | $6,018 +42.7% | $211,510 +36.3% |
| 2017 | $4,219 0% | $155,140 |
| 2016 | $4,219 +35.5% | $155,140 +36.7% |
| 2015 | $3,113 | $113,490 |
| 2014 | $3,113 | $113,490 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Botello
Nearby schools
Schools provided by the listing agent
- Elementary: Bowie
- Middle: Garcia
- High: Adamson
- District: Dallas ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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