11601 Audelia Rd Dallas, TX 75243
Well-maintained 152-unit community with recent capital improvements.
Type:Multifamily
- Added:
- Apr 3, 2026
- Days on Market:
- 20
- Last Refresh:
- Apr 3 at 5:13 am
Property Features for 11601 Audelia Rd
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agent Wesley Racht License #TX: 633414, TX: 9010261 (972) 755-5168
Listing office Dallas Office (972) 755-5168
Listing date Apr 3, 2026
Source Marcusmillichap
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Overview
Dallas Multifamily Investment Opportunity
The Reserve at Lake Highlands is a 152-unit Class B multifamily community constructed in 1980, located in Dallas, Texas. The property has undergone $1.85 million in recent capital improvements, with approximately 70 percent of the units upgraded to include granite countertops, stainless steel appliances, and tiled backsplashes. The community features spacious two-bedroom floor plans averaging over 1,000 square feet. The property is located in a supply-constrained submarket of Northeast Dallas, with immediate access to I-635 and US-75. It is near Texas Instruments' global headquarters and Texas Health Presbyterian Hospital, as well as the $300 million Lake Highlands Town Center redevelopment. The property offers potential for value creation through utility reimbursement optimization and completion of remaining unit renovations.
Location Intelligence
Current Use by Public Records
Creative Tymes Child ...
Daycare Center
The Reserve at Lake Highlands
Apartment Complex
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Collin
- State
- Texas
- Longitude
- -96.718859
- Latitude
- 32.90657
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FAQs
What type of property is this?
Apartment building - Well-maintained 152-unit community with recent capital improvements.
Where is this apartment building located?
The property is located at 11601 Audelia Rd Dallas, TX.
What are key features of this property?
This property features: $1.85 million in recent capital improvements, including approximately 70% of units upgraded with granite countertops, stainless steel appliances, and tiled backsplashes.; Located in a supply‑constrained submarket of Northeast Dallas with immediate access to I‑635 and US‑75.; Spacious two‑bedroom floor plans averaging over 1,000 square feet.
