Agent profile image in chat bubble
Agent profile image in chat header

Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

Agent profile image in message

5921 Gaston Ave , Dallas, TX 75214
$1,550,000
Est. Payment: $7,980.07/mo
0 Bed
0 Bath
8880 Sqft
Status: active | Days on site: 149
Get Pre-Qualified
VCR-C15903466 - VCR-C159091383,VCR-C159052275
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Harrison Lilly, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.

House Description

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.

Highlights

Listed by Matteo Faeth , Dallas Property Advisors, LLC , North Texas Real Estate Information Systems

Property Type

Multi-Family

Lot/Acreage
0.34

Year Built

1957

County

Dallas

Neighborhood

Mccarville & Bonds

School District

Dallas ISD

Listing ID

21222149

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Appliances:Dishwasher, Disposal, Electric Range, Refrigerator
Air Cond:Central Air
Fireplaces:
Floor:Carpet,Luxury Vinyl Plank,Tile
Other:
  • Additional:Granite Counters, Walk-In Closet(s)

Exterior Features

Garage Capacity:14
Roof:Composition
Others:
  • Additional:Preowned
Parking Features:Attached Carport,Covered
Principal Interest
$7,980
Taxes
$2,551

Home Price

$1,550,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$310,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,980.07

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,980.07 $2,551.42 $0.00 $10,531.49
Yearly $95,760.88 $30,617.00 $0.00 $126,377.88
Total $2,872,826.33 $918,510.00 $0.00 $3,791,336.33

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Aug 2026

Average Price

All Price Ranges
N/A
Aug 2026

Average Days on Market

All Price Ranges
N/A
Aug 2026
Market insight data is pulled from the same city as the listing being viewed (Dallas, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T21:21:41.390Z

© 2026 North Texas Real Estate Information Systems