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About This Home

This 0-bedroom, 0-bathroom multi-family at 5921 Gaston Avenue in Dallas, TX is listed for $1,550,000. Built in 1957, on a 0.34 acres lot.

Agent 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.

Key Features

  • Built in 1957
  • 0.34 acre lot
  • 2 stories
  • 14 parking spaces

Property Details

2 stories
14 spaces
1957

Amenities

A/C

Monthly Cost Estimate

$8,290/mo

20% down · 6.5% · 30 years

Principal$1,121
Interest$6,717
Insurance$452

Estimates only. Actual payments may vary.

Location

5921 Gaston Avenue

Dallas, TX 75214

Mccarville & Bonds

Features & Amenities

Interior Features

GraniteCountersWalkInClosets

Property Details

Flooring

VinylTileCarpet

Construction

Brick

Parking

CoveredCarport

Heating

Central

Cooling

Central Air

Appliances

DishwasherElectricRangeDisposalRefrigerator

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 5921 Gaston Avenue is listed at $1,550,000. The estimated monthly payment is $6,717 based on 20% down at 6.5% interest.

Key features include: Built in 1957, 0.34 acre lot, 2 stories, 14 parking spaces. Interior Features: GraniteCounters, WalkInClosets.

This property is listed by Matteo Faeth and can be reached at (469) 554-0430.

MF

Matteo Faeth

Agent at Dallas Property Advisors, LLC

(469) 554-0430

Listed by Dallas Property Advisors, LLC · View on Broker Site

MLS# 21222149· Source: listhub· Updated today

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5921 Gaston Avenue, Dallas, TX 75214

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