5921 Gaston Avenue, Dallas, TX 75214
Local realty services provided by:ERA Empower
Listed by: matteo faeth469-554-0430
Office: dallas property advisors, llc.
MLS#:21222149
Source:GDAR
Price summary
- Price:$1,550,000
- Price per sq. ft.:$174.55
About this home
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....
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Home facts
- Year built:1957
- Listing ID #:21222149
- Added:1 day(s) ago
- Updated:March 29, 2026 at 11:53 AM
Rooms and interior
- Flooring:Carpet, Luxury Vinyl Plank, Tile
- Kitchen Description:Dishwasher, Disposal, Electric Range, Refrigerator
- Living area:8,880 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1957
- Building area:8,880 sq. ft.
- Lot area:0.34 Acres
- Construction Materials:Brick
- Foundation Description:Pillar Post Pier
- Levels:2 Story
Schools
- High school:Woodrow Wilson
- Middle school:Long
- Elementary school:Lipscomb
Finances and disclosures
- Price:$1,550,000
- Price per sq. ft.:$174.55
- Tax amount:$30,617
Features and amenities
- Appliances:Dishwasher, Disposal, Electric Range, Refrigerator
Parking
- Total parking spaces:14
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