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1516 ANNEX AVE, Dallas, TX 75204

Apartment community for sale near major Dallas highways, offering functional apartment homes in the Cedars/South Dallas corridor.

Property Size32,000 SF
Days on Market90

Property Features for 1516 ANNEX AVE

General Information

Standard status Active
Size 32,000 SF
Class C
Property subtype Multifamily
Occupancy 90%
Investment Type Value Add

Additional Details

Highway Access Yes

Building Details

Year Built 1963
Buildings 3
Stories 2
Units 63
Tenancy Multi
Listed By: Jack Williams · License #825496
Source: Crexi
Added: Jun 11 Changed: Sep 5 Last Checked: Sep 8 at 8:52AM

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 Jack Williams

Investment Insights

Based on property information with market context.

CityPointe Apartments is an apartment community offered for sale at 1516 Annex Ave, Dallas, TX 75204. The property features functional apartment homes designed for comfort and convenience.

Located in the Cedars/South Dallas corridor, the community is described as minutes from Downtown Dallas and offers convenient access to I-30, I-35E, and US-75. The remarks also cite proximity to Baylor and Methodist Medical Centers, Deep Ellum, Uptown, Fair Park, and the Dallas Farmers Market.

The surrounding area is described as undergoing redevelopment and investment, supporting the stated positioning for renter demand tied to neighborhood growth.

Key Highlights

  • Apartment community built in 1963.
  • Located in the Cedars/South Dallas corridor, minutes from Downtown Dallas.
  • Convenient access near I‑30, I‑35E, and US‑75.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Kitchen & Bath Showroom Computer & Electronic Repair Electrical Service 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

Yes
Highway access

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 - Apartment community for sale near major Dallas highways, offering functional apartment homes in the Cedars/South Dallas corridor.
Where is this apartment building located?
The property is located at 1516 ANNEX AVE Dallas, TX.
What are key features of this property?
This property features: Apartment community built in 1963.; Located in the Cedars/South Dallas corridor, minutes from Downtown Dallas.; Convenient access near I‑30, I‑35E, and US‑75.
More about this property
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