Skip main navigation
For sale
    • $880,000

    506 N Lancaster Ave, Dallas, TX 75203

    6beds
    3,744sqft
    : 
    Loading
    Get pre-qualified
    Quadruplex, Multi Family, Multi Family
    Built in 1945
    -- sqft lot
    $575,800 Zestimate®
    $235/sqft
    $-- HOA

    What's special

    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.
    78 days
    |
    229
    |
    18
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tiffany Turincio 0722031 817-513-4708,

    Kimberly Adams Realty 817-513-4708

    Source: NTREIS,MLS#: 21229843

    Loading...

      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, Multi Family
      Materials
      • Foundation: Pillar/Post/Pier
      • Roof: Shingle
      Condition
      • 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: 77 days
      • Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan

        Estimated market value

        $575,800

        $489,000 - $668,000

        $2,468/mo

        Price history

        DateEventPrice
        4/27/2026Listed for sale$880,000+67.5%$235/sqft
        Source: NTREIS #21229843 Report a problem
        4/6/2023Listing removed--
        Source: NTREIS #20009862 Report a problem
        12/23/2022Sold--
        Source: NTREIS #20109717 Report a problem
        10/17/2022Pending sale$525,500$140/sqft
        Source: NTREIS #20109717 Report a problem
        9/28/2022Listed for sale$525,500-4.2%$140/sqft
        Source: NTREIS #20109717 Report a problem
        9/26/2022Contingent$548,500$147/sqft
        Source: NTREIS #20109717 Report a problem
        8/16/2022Price change$548,500-2.9%$147/sqft
        Source: NTREIS #20109717 Report a problem
        8/2/2022Listed for sale$565,000$151/sqft
        Source: NTREIS #20109717 Report a problem
        7/22/2022Pending sale$565,000$151/sqft
        Source: NTREIS #20109717 Report a problem
        7/14/2022Listed for sale$565,000-3.4%$151/sqft
        Source: NTREIS #20109717 Report a problem
        6/1/2022Listing removed$585,000$156/sqft
        Source: NTREIS #20009862 Report a problem
        3/17/2022Listed for sale$585,000$156/sqft
        Source: NTREIS #20009862 Report a problem

        Public tax history

        YearProperty taxesTax 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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Botello

        Getting around

        52 / 100
        Somewhat Walkable
        53 / 100
        Good Transit
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Dallas Topics

                Search
                Updates
                Favorites
                Plan
                Inbox