1516 Annex Avenue Dallas, TX 75204
New
- Added:
- Apr 15, 2026
- Days on Market:
- 4
- Last Refresh:
- Apr 18 at 11:06 am
Property Features for 1516 Annex Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 67
- Parking features
- Assigned, Gated, Parking Lot
- Interior features
- Built-in Features
- Exterior features
- Fence
- Fencing
- Fenced
- Appliances
- Dishwasher, Garbage Disposer, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 00000121576000000
- Lot size
- 1.09 Acres
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 1963
- Floors in Building
- 2
- Flooring type
- Laminate
- Building materials
- Brick, Stone
- Roof type
- Shingle
- Architectural style
- Other
Listing agent John J Canterbury III License #0370046 (214) 521-7355
Listing office Allie Beth Allman & Assoc. 3838 Oak Lawn suite 500, Dallas, TX (214) 521-7355
Listing date Apr 15, 2026
MLS# 21188054
Listing URL
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.
Overview
Stabilized Multifamily Asset in Dallas
This is a 60-unit multifamily asset located in the East Dallas submarket. The property has undergone operational improvements, with occupancy approaching stabilization. The current net operating income is approximately $415,872. The property offers immediate cash flow with additional upside remaining. Operational improvements have already been executed, reducing execution risk. Rental increases are possible through continued stabilization, with the opportunity to further optimize operations. The location is minutes from Downtown Dallas, with access to employment centers.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Collin
- State
- Texas
- Longitude
- -96.777309
- Latitude
- 32.802905
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 60-unit multifamily asset in East Dallas with strong cash flow.
Where is this apartment building located?
The property is located at 1516 Annex Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $6,350,000.
What are key features of this property?
This property features: 60‑Unit Multifamily Asset: Stabilized property with immediate yield.; Strong In‑Place Cash Flow: ~$415K NOI with stabilizing occupancy (~88‑90%).; Prime East Dallas Location: High renter demand, close to Downtown Dallas and employment centers.
