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    4021 Gilbert Ave Dallas, TX 75219

    For Sale
    $999,999

    Multiple Single Units - Dallas, TX

    Property size:
    16,000 SF
    Lot size:
    0.37 Acres
    Days on Market:
    240
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 4021 Gilbert Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    6
    APN
    00000160657300000
    Parking
    6
    Parking features
    Assigned, Carport, Covered
    Interior features
    Built-in Features, Granite Counters, Loft, Vaulted Ceiling(s), Walk-in Closet(s)
    Exterior features
    Balcony, Courtyard, Outdoor Grill, Uncovered Courtyard
    Appliances
    Cooktop, Cooktop - Electric, Dishwasher, Dryer, Garbage Disposer, Microwave, Refrigerator, Washer
    Size
    16,000 SF
    Lot size
    0.37 Acres

    Taxes and HOA fees

    Expense value
    11985
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Utilities

    Heating system
    Central
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    1974
    Floors in Building
    2
    Flooring type
    Concrete, Laminate, Tile, Tile - Ceramic, Vinyl, Wood
    Building materials
    Stucco
    Roof type
    Composition, Tar/Gravel
    Architectural style
    Other

    Texas Urban Living Realty (214) 823-7783 [email protected]

    Listing agent Noy Bolurian (214) 823-7783 License #0667356

    Listing date Apr 18, 2025

    MLS# 20844306 Listing URL

    Copyright © 2025 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

    Four Condo Units Investment Package

    This exclusive real estate investment opportunity features four condo units within an 11-unit building, situated at 4021 Gilbert Avenue in a sought-after neighborhood. Note that other units are owned by independent entities. The units offer renovated finish outs, spacious layouts, and include parking. The property is located in a vibrant, walkable area near dining, shopping, and entertainment. This turnkey package offers immediate rental income and strong appreciation potential. It is ideal for investors seeking steady, passive income with minimal management. The location benefits from strong rental demand, upscale amenities, and a thriving real estate market, making it suitable for both seasoned investors and those seeking a high-yield, low-maintenance investment. The property is located in a high-growth market with increasing property values, making it a perfect opportunity for portfolio diversification.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gilbert Street Condominiums Condominium Complex

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.805859
    Latitude
    32.816403

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    FAQs

    What type of property is this?
    Apartment building - Four condo units in prime location with high rental demand.
    Where is this apartment building located?
    The property is located at 4021 Gilbert Ave Dallas, TX.
    What is the asking price?
    The asking price for this property is $999,999.
    What are key features of this property?
    This property features: - Four renovated condo units offered as a package deal, providing immediate rental income.; - Prime location in a high-demand, walkable area near top dining, shopping, and entertainment.; - Turnkey investment opportunity with strong cash flow and minimal management required.
    (214) 823-7783
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    4021 Gilbert Ave Dallas, TX 75219
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4021 Gilbert Ave Dallas, TX 75219
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