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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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506 N Lancaster Ave , Dallas, TX 75203
$880,000
Est. Payment: $4,530.62/mo
6 Bed
4 Bath
3744 Sqft
Status: pending | Days on site: 113
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Harrison Lilly, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Harrison Lilly
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House Description

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.
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Highlights

Listed by Tiffany Turincio , Kimberly Adams Realty , North Texas Real Estate Information Systems

Property Type

Multi-Family
Lot/Acreage
0.16

Year Built

1945

County

Dallas

 Neighborhood

Oak Cliff Original

 School District

Dallas ISD

Listing ID

21229843

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Appliances:Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater
Air Cond:Central Air,Electric
Fireplaces:
Floor:Luxury Vinyl Plank
Other:
  • ▪ Additional:Cable TV Available, Kitchen Island, Multiple Staircases, Open Floorplan, Pantry, Walk-In Closet(s)

Exterior Features

Garage Capacity:6
Roof:Shingle
Others:
  • ▪ Additional:Balcony, Covered Patio/Porch, Private Entrance, Preowned
Parking Features:Additional Parking,Concrete
Principal Interest
$4,531
Taxes
$1,159

Home Price

$880,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$176,000
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:
$4,530.62

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,530.62 $1,158.50 $0.00 $5,689.12
Yearly $54,367.47 $13,902.00 $0.00 $68,269.47
Total $1,631,023.98 $417,060.00 $0.00 $2,048,083.98

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: 2026-08-24T23:23:04.180Z

© 2026 North Texas Real Estate Information Systems