Gated Parking Apartment
For Sale
$4,200,000
Pending
1910 Bennett Avenue, Dallas, TX 75206
COMMERCIAL - Dallas, TX
Property Size16,246 SF
Lot Size0.70 Acres
Days on Market118
Property Features for 1910 Bennett Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Multi family
Parking features
Parking Lot, Gated
Subdivision
Bennett Lofts
Lot features
Corner Lot
Directions
GPS Friendly
Standard status
Pending
APN
000693000301A0000
Size
16,246 SF
Lot size
0.70 Acres
Taxes and HOA fees
Tax Description
BENNETT LOFTS BLK 3/693 LT 1A ACS 0.6959
Tax Annual Amount
96861
Legal Description
BENNETT LOFTS BLK 3/693 LT 1A ACS 0.6959
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
gated parking
individual electric meters
Building Details
Year built
2002
Floors in Building
2
Number of units
26
Flooring type
Tile, Carpet
Building materials
Concrete
Listing Agency:
Post Oak Realty, LLC
(940) 384-7355
Listed By:
Benjamin Burnside · License #0522577
(940) 384-7355
Added: Apr 10
Changed: Aug 4
Last Checked: Aug 5 at 12:06PM
MLS# 21153821
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.
Investment Insights
Based on property information with market context.
This apartment complex contains 26 total units in a modern build completed in 2002. The unit mix includes six 1-bedroom, 2-bath loft apartments and twenty 1-bedroom, 1-bath apartments. Construction is concrete, with tile and carpet flooring throughout. The property is served by central heating and central air conditioning, with public water and public sewer. Parking is provided in a gated parking lot, and each unit has an individual electric meter.
The property is located at 1910 Bennett Avenue in Dallas, near Lower Greenville, with Downtown Dallas and the Arts District minutes away.
Additional building details include central systems, on-site gated parking, and practical utility setups (public water and public sewer) supported by individual electric metering for the units.
The property is located at 1910 Bennett Avenue in Dallas, near Lower Greenville, with Downtown Dallas and the Arts District minutes away.
Additional building details include central systems, on-site gated parking, and practical utility setups (public water and public sewer) supported by individual electric metering for the units.
Key Highlights
- 26‑unit apartment complex with six loft 1BR 2BA units and twenty 1BR 1BA units
- 0.696‑acre site with 16,246 SF building
- Gated parking lot with individual electric meters
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $503.0k | $30.96 |
| − Vacancy | −$53.8k | −$3.31 |
| EGI | $449.2k | $27.65 |
| − OpEx | −$202.1k | −$12.44 |
| NOI | $247.0k | $15.21 |
16,246 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$3.53M
$3.09M – $4.12M
NOI $247,037 @ 7.0% cap · market cap 5.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$19.49M
$17.06M – $22.74M
NOI $1,364,570 @ 7.0% cap · market cap 32.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
26
Residential units
Location Intelligence
Trade Area within ½ mile
2,219
Businesses Nearby
Explore this area
Business Placement
Demographics for 75206, TX
40,386
Population
25,844
Households
1.6
Avg Household Size
32
Median Age
77%
College-Educated
97%
High-School Grad
4.2 sq mi
ZIP Area
9,616
Density / Sq Mi
$88,464
Median Household Income
$69,953
Median Earnings
$1,715
Median Rent
$557,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment complex with 26 units built in 2002, offering gated parking and individual electric meters.
Where is this apartment building located?
The property is located at 1910 Bennett Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: 26‑unit apartment complex with six loft 1BR 2BA units and twenty 1BR 1BA units; 0.696‑acre site with 16,246 SF building; Gated parking lot with individual electric meters
