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Renovated Townhome-Style Apartment Community
For Sale
Contact for pricing
Pending

514 E Belt Line Rd, Desoto, TX 75115

Renovated 14-unit community with two two-story buildings, updated two-bedroom layouts, and on-site parking.

Lot Size0.87 Acres
Days on Market113

Property Features for 514 E Belt Line Rd

General Information

Standard status Pending
Lot size 0.87 Acres
Property subtype Multifamily

Site & Location

Highway Access Yes
Fenced Yard Yes

Additional Details

Business Included Yes
Multifamily Units 14

Building Details

Year Built 1983
Stories 2
Tenancy Multi
Listing Agency: Colliers - Dallas, Texas
Listed By: Todd Franks · License #TX 479935
Source: Crexi
Added: Apr 11 Changed: Jul 20 Last Checked: Jul 31 at 8:18AM

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 Colliers - Dallas, Texas

Investment Insights

Based on property information with market context.

Cove Townhomes is a renovated 14-unit apartment community consisting of two two-story buildings with brick siding and pitched composition shingle roofs. The property was built in 1983 and offers updated two-bedroom floor plans with washer and dryer connections. Amenities may vary by unit and can include all-electric kitchens, hardwood-style flooring, and a gated backyard area. On-site parking is provided for residents.

The community is located in the South Dallas County submarket of DeSoto, Texas, with easy access to Interstate 35.

The offering features two buildings totaling 14 apartments, designed in a townhome-style format with a gated backyard component and parking on site.

Key Highlights

  • Renovated 14‑unit apartment community in DeSoto, TX (South Dallas County submarket)
  • Built in 1983 on 0.87 acres, with 2 two‑story buildings featuring brick siding and pitched composition shingle roofs
  • Updated 2‑bedroom layouts with each unit at 1,160 SF

Property Analytics

Current Use

Cove Townhomes Apartment Building

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Furniture & Home Goods Locksmith Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

304
Businesses Nearby

Demographics for 75115, TX

56,164
Population
22,054
Households
2.5
Avg Household Size
41
Median Age
30%
College-Educated
91%
High-School Grad
21.0 sq mi
ZIP Area
2,674
Density / Sq Mi
$83,386
Median Household Income
$47,949
Median Earnings
$1,478
Median Rent
$282,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated 14-unit community with two two-story buildings, updated two-bedroom layouts, and on-site parking.
Where is this apartment building located?
The property is located at 514 E Belt Line Rd Desoto, TX.
What are key features of this property?
This property features: Renovated 14‑unit apartment community in DeSoto, TX (South Dallas County submarket); Built in 1983 on 0.87 acres, with 2 two‑story buildings featuring brick siding and pitched composition shingle roofs; Updated 2‑bedroom layouts with each unit at 1,160 SF
More about this property
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