LKV Realty
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$1,550,000
$6,000Reward *
5921 Gaston Avenue, Dallas, TX 75214Listing ID 21222149

5921 Gaston Avenue, Dallas, TX 75214

Active
Mccarville & Bonds
Time on site: 143 daysLast updated: Jun 10, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Apartment
Square Feet
Square Feet
8,880
Acres
Acres
0.34
Days on Site
Days on Site
143
Cooling
Cooling
Central Air
Heating
Heating
Central
Year Built
Year Built
1957
Parking
Parking
Attached Carport, Covered

5921 Gaston Avenue is a value-add multifamily investment opportunity located in the highly desirable Lakewood submarket of East Dallas, Texas. The property consists of 12 large residential units, offering an attractive unit mix that appeals to renters seeking spacious layouts in an established, high-demand neighborhood. Situated along Gaston Avenue, the property benefits from strong visibility and convenient access to Downtown Dallas, Uptown, Lower Greenville, and White Rock Lake, while remaining embedded within a predominantly residential area known for long-term demand and limited new supply. The Lakewood submarket’s high barriers to entry and proximity to lifestyle amenities support durable occupancy and rent growth. The asset presents a clear value-add strategy, with the ability to renovate interiors, enhance common areas, and implement operational efficiencies to drive rent premiums in line with renovated Lakewood comparables. Large unit sizes and infill location provide a competitive advantage relative to newer, smaller-format developments. Overall, 5921 Gaston Avenue offers investors the opportunity to acquire a well-located, infill multifamily asset in one of East Dallas’s most stable submarkets, with meaningful upside through renovation and repositioning while benefiting from strong underlying market fundamentals.

Property Information

Property Details

Location

Address
5921 Gaston Avenue
County
Dallas
City
Dallas
Zip Code
75214
Subdivision
Mccarville & Bonds
School District
Dallas ISD
High School
Woodrow Wilson
Elementary School
Lipscomb

Interior Features

Heating and Cooling

Cooling
Central Air
Heating
Central

Building

Building Information

Square Feet
8,880
Year Built
1957
Construction
Brick
Foundation
Pillar/Post/Pier
Roof
Composition

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$30,617
Matteo FaethDallas Property Advisors, LLC, (469) 554-0430

Market Report for 75214

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: North Texas Real Estate Information Systems, Inc.
North Texas Real Estate Information Systems, Inc. logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

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