Logo
Communities
Sellers
Buyers
Resources
About
12
$1,495,000 Sale
Listed 5 hours ago
5921 Gaston Avenue
· 13
· 12
· 14
· -
Key Facts
Key facts for 5921 Gaston Avenue
Property Type
Apartment
Parking
Attached Carport,Covered , 14 parking
MLS #
21432919
Size
-
Basement
Unspecified
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
1957
Maintenance Fee
-
Description
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, hi...gh-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.
Similar Properties (No results)
Listing courtesy of: Dallas Property Advisors, LLC