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112-Unit Apartment Community
For Sale
Contact for pricing
Pending

1519 Annex Ave, Dallas, TX 75204

Turnkey apartment community features five garden-style buildings with gated access and ample surface parking.

Property SizeContact for details
Lot Size2.00 Acres
Days on Market137

Property Features for 1519 Annex Ave

General Information

Standard status Pending
Lot size 2.00 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 112

Amenities

courtyard
outdoor seating
grilling stations
dog park
gated access
open layouts
walk-in closets
in-unit laundry
stainless steel appliances
LVP flooring
vaulted ceilings

Building Details

Year Renovated 2020
Construction garden-style
Listing Agency: Perry Guest Investment Services
Listed By: Matthew Cassidy · License #TX 0714494
Source: Crexi
Added: Apr 24 Changed: Aug 22 Last Checked: Sep 7 at 2:25AM

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 Perry Guest Investment Services

Investment Insights

Based on property information with market context.

The Eastern is a 112-unit multifamily community that completed a comprehensive renovation in 2020, including more than $84,000 in capital improvements per unit. The property includes five garden-style buildings with pitched roofs, gated access, and ample surface parking. Apartment interiors are updated with open layouts, walk-in closets, in-unit laundry, stainless steel appliances, and LVP flooring, with select units offering vaulted ceilings.

The community is situated on 2 acres and includes a large courtyard with outdoor seating and grilling stations, along with a dog park.

The current setup is designed to operate as a turnkey rental asset, with limited near-term capital needs as described in the offering materials.

Key Highlights

  • 112‑unit multifamily community completed a comprehensive renovation in 2020 with more than $84,000 in capital improvements per unit
  • Five garden‑style buildings on 2 acres with gated access and ample surface parking
  • In‑unit features include open layouts, walk‑in closets, in‑unit laundry, and full suite of stainless steel appliances

Property Analytics

Current Use

The Eastern Apartments Apartment Complex

Suggested Use

Top Pick Computer & Electronic Repair Electrical Service Kitchen & Bath Showroom Nursing Home Butcher Florist

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

112
Residential units

Location Intelligence

Trade Area within ½ mile

1,843
Businesses Nearby

Demographics for 75204, TX

34,012
Population
23,304
Households
1.5
Avg Household Size
31
Median Age
70%
College-Educated
95%
High-School Grad
2.6 sq mi
ZIP Area
13,082
Density / Sq Mi
$93,007
Median Household Income
$71,995
Median Earnings
$1,822
Median Rent
$451,900
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 - Turnkey apartment community features five garden-style buildings with gated access and ample surface parking.
Where is this apartment building located?
The property is located at 1519 Annex Ave Dallas, TX.
What are key features of this property?
This property features: 112‑unit multifamily community completed a comprehensive renovation in 2020 with more than $84,000 in capital improvements per unit; Five garden‑style buildings on 2 acres with gated access and ample surface parking; In‑unit features include open layouts, walk‑in closets, in‑unit laundry, and full suite of stainless steel appliances
(314) 724-5734 Call to check price and availability
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