Skip to main content

1 of 12

Active

$1,495,000

  • 13 beds
  • 12 baths
  • 0.34 acre lot

5921 Gaston Avenue

View on map

Listing data updated

About this home

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

Read the full 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, 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.

Bedrooms
13
Bathrooms
12
Lot size
0.34 acres
Year built
1957
Property type
Apartment
Status
Active
MLS number
21432919

Listing courtesy of Dallas Property Advisors, LLC

Office phone 469-554-0430

Estimated monthly cost

Estimated payment based on the assumptions shown. It is not a quote, an approval or a rate offer.

See this home in person

Times that work for you (up to three)

Request a tour

This is a request, not a confirmed appointment. QRE Team will confirm within 2 business hours.

Location

Facts and features

Interior

Bedrooms
13
Bathrooms
12

Lot

Lot size
0.34 acres

Building

Year built
1957
Property type
Apartment

Ask about this home

Request a callback

Tell us how to reach you, and a licensed agent will get back to you. This is a request, not an appointment.

Selling a home in Dallas?

Enter your address and a licensed agent will prepare an estimated sale price range.

This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice.

Similar homes nearby

See all similar homes

Active homes in Dallas with 12 or more beds, listed at $1,270,750 to $1,719,250.

New listings in Dallas

See all new listings

The newest active homes first.

Listing courtesy of Dallas Property Advisors, LLC. Information provided by NTREIS

Information is deemed reliable but not guaranteed.

Listing data updated