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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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5514 /5516 Matalee Ave , Dallas, TX 75206
$2,295,000
Est. Payment: $11,815.66/mo
6 Bed
7 Bath
5966 Sqft
Status: active | Days on site: 53
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Exceptional opportunity to own a newly constructed duplex in one of East Dallas' most desirable locations. Thoughtfully designed with clean architectural lines, warm contemporary finishes, and quality craftsmanship throughout, this property features two identical 3-bedroom, 3.1-bath residences, each offering an open-concept floor plan with stylish, functional living spaces. The inviting living areas are anchored by sleek fireplaces with custom built-ins and flow seamlessly into designer kitchens featuring custom cabinetry, waterfall islands with seating, stainless steel appliances, generous storage, and modern finishes. Each unit also includes a dedicated home office, providing added flexibility for today's lifestyle. The spacious primary suites offer spa-inspired baths with freestanding soaking tubs, oversized walk-in showers, and generous walk-in closets with built-in organization, while the two additional bedrooms each feature their own en-suite bath for added privacy and convenience. Covered patios overlook private fenced backyards, creating comfortable outdoor living spaces for each residence. Designer lighting, premium fixtures, and carefully selected finishes elevate both homes, offering a turnkey opportunity for investors or owner-occupants seeking rental income. Live in one unit and lease the other, or maximize investment potential by leasing both residences. Ideally located just minutes from Lower Greenville, Knox-Henderson, White Rock Lake, Downtown Dallas, and some of Dallas' best dining, shopping, and entertainment, this exceptional property combines modern design, low-maintenance living, and outstanding income-producing potential in one of the city's most sought-after neighborhoods.

Highlights

Listed by Scott Jackson , Dave Perry Miller Real Estate , North Texas Real Estate Information Systems

Property Type

Multi-Family

Lot/Acreage
0.2

Year Built

2025

County

Dallas

Neighborhood

Interurban Hill

School District

Dallas ISD

Listing ID

21305952

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:7
  • Full Bathrooms:6
  • 1/2 Bathrooms:2
Appliances:Built-in Gas Range, Dishwasher, Disposal, Microwave, Refrigerator, Vented Exhaust Fan
Air Cond:Central Air
Fireplaces:Gas,Living Room
Floor:Carpet,Tile,Wood
Other:
  • Additional:Built-in Features, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior Features

Lot:Interior Lot,Landscaped,Sprinkler System,Less Than .5 Acre (not Zero)
Lot Dimensions:55x175
Garage Capacity:4
Roof:Composition
Others:
  • Additional:Balcony, Covered Patio/Porch, Rain Gutters, Lighting, Outdoor Living Center, Private Yard, New Construction - Complete
Parking Features:Alley Access,Garage
Principal Interest
$11,816
Taxes
$1,463

Home Price

$2,295,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$459,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,815.66

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,815.66 $1,463.06 $0.00 $13,278.72
Yearly $141,787.88 $17,556.75 $0.00 $159,344.63
Total $4,253,636.40 $526,702.50 $0.00 $4,780,338.90

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Dallas, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T21:21:41.390Z

© 2026 North Texas Real Estate Information Systems