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5921 Gaston Avenue
Dallas TX 75214 US

$1,550,000

Active Listing ID 21222149
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Lot: 0.34 Acres
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Apartment

$1,550,000

Active Listing ID 21222149
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5921 Gaston Avenue 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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Property Features

  • Facts
  • Lot Size: 0.34 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Cooling System: Central Air
  • Floor Covering: Carpet, Tile, Vinyl
  • Roof Type: Composition
  • Heating Fuels: Central

School Information

  • School
  • Lipscomb(Elementary)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 1550000
  • unparsedaddress: 5921 Gaston Avenue
  • postalcity: Dallas
  • stateorprovince: TX
  • country: US
  • postalcode: 75214
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.336
  • lotsizeunits: Acres
  • lotsizearea: 0.336
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 32.810307
  • longitude: -96.757858
  • listagentfullname: Matteo Faeth
  • listagentemail: matteo@dallaspropertyadvisors.com
  • listagentkey: 3yd-NTREIS-0619346
  • listagentmlsid: 0619346
  • listagentpreferredphone: 4695540430
  • listagentofficephone: 4695540430
  • listofficekey: 3yd-NTREIS-TEXE01
  • listagentstatelicense: 0619346
  • listofficemlsid: TEXE01
  • 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: 1957
  • countyorparish: Dallas
  • parcelnumber: 00000183022000000
  • elementaryschool: Lipscomb
  • appliances: Dishwasher, Garbage Disposer, Range, Refrigerator, Washer
  • cooling: Central Air
  • constructionmaterials: Brick
  • flooring: Carpet, Tile, Vinyl
  • heating: Central
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 14
  • parkingfeatures: Carport, Covered
  • roof: Composition
  • waterfrontyn: False
  • interiorfeatures: Granite Counters, Walk-in Closet(s)
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -96.75786, 32.810307
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"TexMass Equity Partners, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"matteo@dallaspropertyadvisors.com", "ListBrokerageCity":"Dallas", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"TexMass Equity Partners, LLC", "ListBrokeragePhone":"(469) 554-0430", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"7039 Hillwood Lane", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"3309 Elm St.", "ListOfficeAddress2":"Ste. 221", "ListOfficeBrokerMlsId":"0619346", "ListOfficeCity":"DALLAS", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"75226", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"Apartment - Dallas, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/5921-Gaston-Ave_Dallas_TX_75214_M93347-07243?f=listhub&s=NTREIS&m=21222149&c=rexren", "MLSModificationTimestamp":"2026-03-28T17:55:47Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Apartment", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/29/2026 2:12:42 AM GMT
Source Updated Date: 3/29/2026 1:42:56 PM GMT

Courtesy of: Matteo Faeth, Dallas Property Advisors, LLC, matteo@dallaspropertyadvisors.com

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.