4271 Altoona Dr Dallas, TX 75233

Tesoro at 12 is a 184-unit, two-story apartment community located in the South Oak Cliff area of Dallas. Constructed in 1983 and renovated in early 2022, the property features an average unit size of approximately 981 square feet. The site spans roughly 8.9 acres and includes 20 buildings with pitched composition shingle roofs, two swimming pools, a fitness center, business center, and clubhouse. There are between 375 and 396 parking spaces at grade level. Units are equipped with fireplaces, washer/dryer hookups, private patios or balconies, and microwaves. The property has demonstrated consistently strong occupancy, maintaining between 92.9 and 94 percent through 2024 and 2025, according to USPS-based occupancy data. Current asking rents average around $1,133 per unit ($1.15 per square foot). Absorption at Tesoro is positive over the past 12 months. The community benefits from strong visibility and accessibility near Ledbetter Drive, Loop 12, and Walton Walker Boulevard, which collectively yield traffic counts nearing 18,000 vehicles per day. A 5-mile radius around the property shows multiple planned developments and several ongoing construction projects, particularly near Westmoreland Road, Wheatland Road, and Illinois Avenue. The property size is 180,712 square feet.