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Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 8,880 sqft
Subdivision Mccarville & Bonds
MLS Listing ID 21432919
Bedrooms 13
Full Baths 12
Construction Status Resale
HOA Y/N No
Year Built 1957
Annual Tax Amount $30,617
Lot Size 0.336 Acres
Acres 0.336
Property Sub-Type Apartment
Property Description
Dallas, Texas. The property consists of 12 large residential units, offering an attractive unit mix that appeals to renters seeking spacious
layouts in an established, high-demand neighborhood.
Situated along Gaston Avenue, the property benefits from strong visibility and convenient access to Downtown Dallas, Uptown, Lower
Greenville, and White Rock Lake, while remaining embedded within a predominantly residential area known for long-term demand
and limited new supply. The Lakewood submarket's high barriers to entry and proximity to lifestyle amenities support durable occupancy
and rent growth.
The asset presents a clear value-add strategy, with the ability to renovate interiors, enhance common areas, and implement operational
efficiencies to drive rent premiums in line with renovated Lakewood comparables. Large unit sizes and infill location provide a competitive
advantage relative to newer, smaller-format developments.
Overall, 5921 Gaston Avenue offers investors the opportunity to acquire a well-located, infill multifamily asset in one of East Dallas's
most stable submarkets, with meaningful upside through renovation and repositioning while benefiting from strong underlying market
fundamentals.
Location
State TX
County Dallas
Direction Head east on Gaston from Munger. Property is on your left.
Interior
Interior Features Granite Counters, Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Carpet, Luxury Vinyl Plank, Tile
Fireplace No
Appliance Dishwasher, Electric Range, Disposal, Refrigerator
Exterior
Parking Features Attached Carport, Covered
Pool None
Utilities Available Sewer Available, Water Available
Water Access Desc Public
Roof Type Composition
Total Parking Spaces 14
Private Pool No
Building
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Resale
Schools
Elementary Schools Lipscomb
Middle Schools Long
High Schools Woodrow Wilson
School District Dallas Isd
Others
Tax ID 00000183022000000
Nearby Locations
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