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45-Unit Apartment Townhome Community
New
For Sale
$3,900,000

9524 Military Parkway, Dallas, TX 75227

Renovated one- and two-bedroom townhome-style apartments with individual AC and heat, washers and dryers, and fenced patios.

Days on Market6

Property Features for 9524 Military Parkway

General Information

Standard status Active
Property subtype Multi-family

Additional Details

Multifamily Units 45

Amenities

individual air conditioning and heat
full-sized washers and dryers
fenced private patios
stone countertops
black and stainless steel appliances
faux wood flooring
tile surround
updated vanities

Building Details

Year Built 1983
Buildings 15
Listing Agency: GSFREA LLC
Listed By: Esther Cho
Source: Phyllisbrowning
Added: Jul 25 Changed: Jul 30 Last Checked: Jul 30 at 6:01AM

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 GSFREA LLC

Investment Insights

Based on property information with market context.

St. Augustine Townhomes is a renovated 45-unit multifamily community built in 1983, comprised of 15 one- and two-story buildings. The buildings feature a combination of brick and vinyl panel siding and pitched composition shingle roofs.

Unit interiors include stone countertops, black and stainless steel appliances, faux wood flooring, tile surround, and updated vanities. Many units also offer individual air conditioning and heat, full-sized washers and dryers, and fenced private patios.

Exterior improvements are highlighted by owner-paid capex totaling over $1 million, including roof replacements in 2021–2022, foundation repair, and exterior paint and siding. The ownership group controls the HOA and owns 45 of 48 townhome units.

Key Highlights

  • Renovated 45‑unit multifamily community built in 1983
  • 15 one- and two‑story buildings with brick and vinyl siding
  • Pitched composition shingle roofs

Property Analytics

Current Use

St Augustine Townhomes Apartment Complex Clark Custom Glass Factory Critter Gitter Animal Shelter jAN Remodeling Take-out & Catering

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Hair Salon Restaurant

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

45
Residential units

Location Intelligence

Trade Area within ½ mile

314
Businesses Nearby

Demographics for 75227, TX

59,103
Population
19,605
Households
3
Avg Household Size
32
Median Age
14%
College-Educated
71%
High-School Grad
11.6 sq mi
ZIP Area
5,095
Density / Sq Mi
$59,395
Median Household Income
$37,641
Median Earnings
$1,277
Median Rent
$203,000
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 one- and two-bedroom townhome-style apartments with individual AC and heat, washers and dryers, and fenced patios.
Where is this apartment building located?
The property is located at 9524 Military Parkway Dallas, TX.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Renovated 45‑unit multifamily community built in 1983; 15 one- and two‑story buildings with brick and vinyl siding; Pitched composition shingle roofs
More about this property
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