127-Unit Apartment
For Sale
Contact for pricing
11620 Audelia Rd, Dallas, TX 75243
Apartment community with spacious two-bedroom layouts, nine-foot ceilings, and full-size washer and dryer connections in every residence.
Property Size117,556 SF
Days on Market74
Property Features for 11620 Audelia Rd
General Information
Standard status
Active
Size
117,556 SF
Property subtype
Multifamily
Occupancy
93%
Additional Details
Multifamily Units
127
Amenities
34 remaining classic units offer proven renovation upside with projected rent premiums
Historical occupancy averaging approximately 92% demonstrates durable resident demand
Located near Texas Instruments, Medical City Dallas, and the Richardson Telecom Corridor
Building Details
Building Size
117,556 SF
Units
127
Listing Agency:
Dallas Office
Listed By:
Wesley Racht · License #License(s): TX: 633414, TX: 9010261
(972) 755-5168
Source:
Marcusmillichap
Added: Jun 22
Changed: Sep 2
Last Checked: Sep 2 at 1:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dallas Office
Investment Insights
Based on property information with market context.
Retreat at Lake Highlands is a 127-unit apartment community with a unit mix led by spacious two-bedroom residences averaging 927 square feet. Homes feature 9-foot ceilings, with vaulted ceilings in select units, and full-size washer and dryer connections throughout the property. The community includes 34 remaining classic units identified for renovation, while historical occupancy has been approximately 92%.
The property is located in Dallas within Richardson ISD and near Texas Instruments’ global headquarters, Medical City Dallas, Texas Health Presbyterian Hospital, Dallas College Richland Campus, and the Richardson Telecom Corridor. These nearby employment, healthcare, education, and institutional destinations provide established context for the residential setting.
An existing washer and dryer leasing program is in place, with connections available in every residence. The property is addressed at 11620 Audelia Rd, Dallas, TX 75243.
The property is located in Dallas within Richardson ISD and near Texas Instruments’ global headquarters, Medical City Dallas, Texas Health Presbyterian Hospital, Dallas College Richland Campus, and the Richardson Telecom Corridor. These nearby employment, healthcare, education, and institutional destinations provide established context for the residential setting.
An existing washer and dryer leasing program is in place, with connections available in every residence. The property is addressed at 11620 Audelia Rd, Dallas, TX 75243.
Key Highlights
- 127‑unit apartment community in Dallas, Texas
- 34 classic units remain for renovation
- Two‑bedroom floor plans average 927 square feet
Property Analytics
Property Profile
Current Use
Lease Details
127
Residential units
Location Intelligence
Trade Area within ½ mile
1,172
Businesses Nearby
Explore this area
Business Placement
Demographics for 75243, TX
62,273
Population
31,577
Households
2
Avg Household Size
34
Median Age
34%
College-Educated
86%
High-School Grad
9.2 sq mi
ZIP Area
6,769
Density / Sq Mi
$50,357
Median Household Income
$33,760
Median Earnings
$1,226
Median Rent
$359,100
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 community with spacious two-bedroom layouts, nine-foot ceilings, and full-size washer and dryer connections in every residence.
Where is this apartment building located?
The property is located at 11620 Audelia Rd Dallas, TX.
What are key features of this property?
This property features: 127‑unit apartment community in Dallas, Texas; 34 classic units remain for renovation; Two‑bedroom floor plans average 927 square feet
