5921 Gaston Avenue, Dallas, TX 75214

Dallas
Local realty services provided by:ERA Newlin & Company
5921 Gaston Avenue,Dallas, TX 75214
$1,495,000
Virtual Tour
  • 13 Beds
  • 12 Baths
  • 8,880 sq. ft.
  • Multi-family
  • Active
Listed by: matteo faeth
Office: dallas property advisors, llc.
MLS#:21432919
Source:GDAR

Price summary

  • Price:$1,495,000
  • Price per sq. ft.:$168.36

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...

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Home facts

  • Year built:1957
  • Subdivision & Development:Mccarville & Bonds
  • Listing ID #:21432919
  • Added:4 day(s) ago
  • Updated:November 15, 2026 at 01:04 PM

Rooms and interior

  • Bedrooms:13
  • Total bathrooms:12
  • Full bathrooms:12
  • 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:$1,495,000
  • Price per sq. ft.:$168.36
  • Tax amount:$30,617

Features and amenities

  • Appliances:Dishwasher, Disposal, Electric Range, Refrigerator

Parking

  • Total parking spaces:14
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated November 15, 2026 Listings with the NTREIS logo are listed by brokerages other than ERA Newlin & Company.

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