4211 Gaston Ave Dallas, TX 75246
- Apartment buildings
- 5,300 SF
- 0.54 lot acres
Current Use by Public Records
- SLJ Company / Real Estate Agency
Property Details for 4211 Gaston Ave
- Year built
- 2005
- Construction
- FRAME
- Lot size
- 0.54 lot acres
- Property size
- 5,300 SF
- Zone code
- Z239
- Property type
- Apartment buildings
- APN
- 124108000000
- APU
- 124108000000
Description
This exceptional Dallas County investment opportunity presents a unique blend of existing income potential and significant future development upside. The property, located at 4211 Gaston Ave in the 75246 zip code, encompasses a 0.536-acre lot (23,356 square feet) and features a two-story, 5,300 square foot building constructed in 2005. Currently configured as four individual units, each with approximately 1,300 square feet of ground floor space and 450 square feet of second-floor space, the building is zoned for Planned Development. The existing units, each with two bedrooms and two bathrooms, could be easily converted into four approximately 1,750 square foot retail or office spaces with a relatively low conversion cost. A substantial 10,500 square foot pad site is also available at the front of the property, offering ample space for additional development, ground lease, or sale. The property benefits from its convenient location near Central Expressway (Hwy 75), providing easy access to Downtown Dallas, Uptown, and Knox/Henderson. This presents a rare chance to acquire a versatile property in a rapidly developing area with strong potential for immediate and long-term returns. The building's existing infrastructure, including drives and parking, further enhances its appeal.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $465,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $573,000
Market price range: $283k - $605k
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Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Dallas
- State
- Texas
- Longitude
- -96.776
- Latitude
- 32.7953
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA