5656 Live Oak Street, Dallas, TX 75206
Local realty services provided by:ERA Myers & Myers Realty
Listed by: jay fang
Office: u property management
MLS#:21434949
Source:GDAR
Price summary
- Price:$5,000,000
- Price per sq. ft.:$199.36
About this home
Glendale Oaks is a 40-unit brick garden-style multifamily community, plus one storage studio, on 1.31 acres at 5656 Live Oak Street in East Dallas. Built in 1968 and renovated in 2015, with select units further updated in 2025, the property is minutes from Downtown Dallas, Deep Ellum, and Baylor University Medical Center, with convenient access to US-75 and I-30. The community offers 37 one-bedroom and 3 two-bedroom units; 37 of 39 rentable units are leased (about 95% occupied). Approximately 80% of monthly rent is paid directly by housing assistance programs (DHA and VASH). Trailing-12 NOI is $346,262. Amenities include on-site laundry, covered carport parking (57 spaces), a dog park, and landscaped grounds. Value-add upside includes upgrading classic interiors, returning the on-site office and storage studio to the rent roll, and moving rents toward market as units turn. The 1.31-acre MF-2(A) site is surrounded by new townhome development; townhome redevelopment is a scenario worth considering, subject to zoning, entitlements, and buyer due diligence....
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Home facts
- Year built:1968
- Subdivision & Development:Munger Place
- Listing ID #:21434949
- Added:2 day(s) ago
- Updated:November 15, 2026 at 01:04 PM
Rooms and interior
- Bedrooms:43
- Total bathrooms:43
- Full bathrooms:43
- Flooring:Carpet, Combination, Laminate
- Kitchen Description:Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
- Living area:25,080 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1968
- Building area:25,080 sq. ft.
- Lot area:1.31 Acres
- Construction Materials:Brick
- Foundation Description:Slab
- Levels:2 Story
Schools
- High school:Woodrow Wilson
- Middle school:Long
- Elementary school:Lipscomb
Finances and disclosures
- Price:$5,000,000
- Price per sq. ft.:$199.36
- Tax amount:$101,284
Features and amenities
- Appliances:Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
Parking
- Total parking spaces:57
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