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5722 Gaston Avenue
Dallas TX 75214 US

$1,450,000

Active Listing ID 21324260
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Lot: 0.32 Acres
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Apartment

$1,450,000

Active Listing ID 21324260
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5722 Gaston Avenue Lakewood offers the opportunity to acquire a 12-unit apartment community that has been thoughtfully maintained by the same private owner for nearly a decade. Throughout the ownership period, the property has undergone a series of meaningful capital improvements designed to enhance both its physical condition and operational efficiency. Ownership has invested more than $226k into the asset, including the conversion of all units to central HVAC, individual utility metering, plumbing upgrades, a new central water heater, interior renovations, landscape improvements, and a new perimeter security gate. Additionally, the roof was replaced in 2020, further reducing future capital requirements for a new owner. Collectively, these improvements have addressed many of the major building systems that investors typically evaluate when acquiring a vintage apartment community. The community offers a mix of 1 and 2 bedroom units, with effective rents averaging $1, 072. Please see OM in Transaction Desk and contact agent specified in notes section for questions, access to financials and tours.

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Property Features

  • Facts
  • Lot Size: 0.32 Acres
  • Property Type: Residential
  • Property Sub-type: Apartment
  • Features
  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Floor Covering: Laminate
  • Roof Type: Asphalt
  • Heating Fuels: Central, Electric (Heating)

School Information

  • School
  • Lipscomb(Elementary)
  • Long(MiddleSchool)
  • Woodrow Wilson(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Apartment
  • listprice: 1450000
  • unparsedaddress: 5722 Gaston Avenue
  • postalcity: Dallas
  • stateorprovince: TX
  • country: US
  • postalcode: 75214
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.323
  • lotsizeunits: Acres
  • lotsizearea: 0.323
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 32.807896
  • longitude: -96.759408
  • listagentfullname: Esther Cho
  • listagentkey: 3yd-NTREIS-0680452
  • listagentmlsid: 0680452
  • listagentpreferredphone: 214-206-9559
  • listofficekey: 3yd-NTREIS-GSFR01
  • listofficemlsid: GSFR01
  • disclaimer: Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NTREIS
  • yearbuilt: 1958
  • countyorparish: Dallas
  • parcelnumber: 00000182029000000
  • elementaryschool: Lipscomb
  • highschool: Woodrow Wilson
  • elementaryschooldistrict: Dallas ISD
  • middleorjuniorschooldistrict: Dallas ISD
  • highschooldistrict: Dallas ISD
  • appliances: Dishwasher, ElectricRange, Disposal, Microwave, Refrigerator
  • cooling: Central Air, Ceiling Fan(s), Electric
  • constructionmaterials: Brick
  • flooring: Laminate
  • heating: Central, Electric (Heating)
  • numberofunitstotal: 12
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 11
  • roof: Asphalt
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: GraniteCounters, HighSpeedInternet, CableTv
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -96.75941, 32.807896
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"GSFREA LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"sean.scott@grea.com", "ListBrokerageCity":"Dallas", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"GSFREA LLC", "ListBrokeragePhone":"214-206-9559", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":"Suite 310", "ListBrokerageUnparsedAddress":"5728 Lyndon B Johnson Fwy", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":" ", "ListOfficeAddress2":"Suite 310", "ListOfficeBrokerMlsId":"GSFR01", "ListOfficeCity":"Dallas", "ListOfficeCountry":"US", "ListOfficeEmail":"sean.scott@grea.com", "ListOfficePostalCode":null, "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"APARTMENT - Dallas, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/5722-Gaston-Ave-Apt-F_Dallas_TX_75214_M83158-36346?f=listhub&s=NTREIS&m=21324260&c=rexren", "MLSModificationTimestamp":"2026-07-08 03:11:25", "Neighborhoods":[{"Description":null, "Name":"Munger Place Add Sec 02"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":29393, "TaxDescription":"MUNGER PLACE BLK 5/1868 LOT 18", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/12/2026 10:37:44 AM GMT
Source Updated Date: 7/24/2026 12:47:26 AM GMT

Courtesy of: Esther Cho, GSFREA LLC

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.