$1,550,000

Apartment In Dallas

  • 8,880 Sqft
  • 14,637 Sqft lot
  • Updated: April 7
  • Source:
    North Texas Real Estate Information Systems (NTREIS)  MLS#21222149

About the Property

5921 Gaston Avenue is a value-add multifamily investment opportunity located in the highly desirable Lakewood submarket of East
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 stro
5921 Gaston Avenue is a value-add multifamily investment opportunity located in the highly desirable Lakewood submarket of East
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.
  • Property type

    Apartment

  • Year built

    1957

  • Price/sqft

    $174

Features

  • Walk In Closet
  • Investment Property
  • Parking
  • Stone Countertops

Explore the Area

5921 Gaston Avenue, Dallas, Texas, United States View on Google Maps
Price per sqft
Low
High

View 1,853 more listings in Dallas

Dallas Property Advisors, LLC - DALLAS

Joined 9 months ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

Dallas Property Advisors, LLC - DALLAS
Texas, United States
View agency profile
3
Listings
2025
Joined

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
Dallas Property Advisors, LLC - DALLAS
DALLAS, Texas, United States
View agency profile
Last updated
April 7
First listed
Apr 7
Listing reference
21222149
Listing status
Call

Start phone call with:

Hello, I’m calling for the property with the reference 21222149, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.

brokerages we
partnered with