5921 Gaston Ave, Dallas, TX 75214

Building Details

Year Built

1957

Listing office Dallas Property Advisors m***@dallaspropertyadvisors.com Show Phone

Listing date Feb 10, 2026

Source Crexi

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Overview

Located in the Lakewood submarket of East Dallas, Texas, 5921 Gaston Avenue presents a multifamily investment opportunity. This property features 12 residential units with layouts designed to attract renters seeking spacious living in a well-established, high-demand neighborhood. The property's location on Gaston Avenue provides visibility and convenient access to Downtown Dallas, Uptown, Lower Greenville, and White Rock Lake, while maintaining a presence within a residential area known for consistent demand and limited new construction. The Lakewood submarket's barriers to entry and proximity to amenities support occupancy and rent growth. The property offers a value-add strategy, with opportunities to renovate interiors, enhance common areas, and implement operational efficiencies to increase rents in line with renovated Lakewood properties. The large unit sizes and infill location provide a competitive advantage relative to newer developments. The property size is 8880 square feet. This property offers investors the chance to acquire a well-located multifamily asset in one of East Dallas’s stable submarkets, with upside through renovation and repositioning while benefiting from market fundamentals.

Suggested Use

Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Dallas

County

Collin

State

Texas

Longitude

-96.7578584

Latitude

32.8103068

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FAQs

What type of property is this?

Apartment building - Value-add multifamily property in desirable Lakewood, East Dallas.

Where is this apartment building located?

The property is located at 5921 Gaston Ave Dallas, TX.

What is the asking price?

The asking price for this property is $1,550,000.

What are key features of this property?

This property features: Value‑add opportunity through interior renovations and operational efficiencies to increase rental income.; Prime location in the highly desirable Lakewood submarket of East Dallas.; Large residential units appealing to renters seeking spacious layouts.