Features & Amenities

Interior

  • Other Interior Features

    Granite Counters, Walk-In Closet(s)

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Attached Carport, Covered

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.336

  • Lot Size(square feet)

    14,636

  • Property Type

    Residential Income

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $1,550,000

  • Tax Amount

    $30,617

  • Sq. Footage

    8,880

  • Price/SqFt

    $174

HOA

  • Association

    No

School District

  • Elementary School

    Lipscomb

  • Middle School

    Long

  • High School

    Woodrow Wilson

Property Features

  • Foundation Details

    Pillar/Post/Pier

  • Sewer

    Public Sewer

  • Tax Lot

    6

  • Water Source

    Public

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Location

County

Dallas

Elementary School

Lipscomb

Middle School

Long

High School

Woodrow Wilson

Listing Courtesy of Matteo Faeth , Dallas Property Advisors, LLC

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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.

5921 Gaston Avenue

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