Date
Details
Price
Change
Source
3/28/2026
Listed
$1,550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property 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.
Full Property Details
Full Property Details for 5921 Gaston Ave
General
- Price: $1,550,000
- Taxes: $30,617
- Status: Active
- Type: Apartment
- Source: NTREIS
- MLS ID: 21222149
- Updated: 3/28/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: Granite Counters, Walk-In Closet(s)
- Appliances: Dishwasher, Electric Range, Disposal, Refrigerator
- Flooring: Carpet, Luxury Vinyl Plank, Tile
Parking
- Carports: Yes
- Total Spaces: 14
- Parking Features: Attached Carport, Covered
Location
- County: Dallas
- Subdivision: Mccarville & Bonds
- Driving Directions: Head east on Gaston from Munger. Property is on your left.
School Information
- Elem School District: Dallas ISD
- Midd School District: Dallas ISD
- High School District: Dallas ISD
- Elementary School: Lipscomb
- Middle School: Long
- High School: Woodrow Wilson
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 8,880
- Sq. Ft. Source: Assessor
- Year Built: 1957
Lot Features
- Lot Size (Acres): 0.336
- Lot Size (Sq. Ft.): 14,636.16
Financial Considerations
- Tax Amount: $30,617
Disclosures and Reports
- Legal Description: MCCARVILLE & BONDS BLK 3/1882 LOT 6A
- Property ID: 183022000000
- Block: 31882
- Lot Number: 6
Listed by Dallas Property Advisors, LLC, Matteo Faeth
We Value Your Privacy
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Listing agent
— 5921 Gaston Ave —
Matteo Faeth
Dallas Property Advisors, LLC
469-554-0430
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 5921 Gaston Ave
School District:Dallas Independent School District
| Name | Grades | Distance |
|---|---|---|
William Lipscomb Elementary School 5801 Worth Street, Dallas, TX 75214 | K-5 | 0.2 mi |
J L Long Middle School 6116 Reiger Avenue, Dallas, TX 75214 | 6-8 | 0.5 mi |
Woodrow Wilson High School 100 South Glasgow Drive, Dallas, TX 75214 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5921 Gaston Ave
Tax History
Tax History for 5921 Gaston Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$29,172
-3%
$1,375,000
5%
2024
$29,952
9%
$1,305,210
9%
2023
$27,537
2%
$1,200,000
12%
2022
$26,982
14%
$1,074,810
20%
2021
$23,610
9%
$895,000
-1%
2020
$21,703
10%
$900,000
30%
2018
$19,661
11%
$691,000
6%
2017
$17,675
-6%
$650,000
-6%
2019
$18,889
29%
$691,000
28%
2016
$14,684
37%
$540,000
38%
2015
$10,741
7%
$391,740
6%
2014
$10,078
66%
$368,760
66%
2013
$6,060
—
$222,550
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5921 Gaston Ave
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- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 10Total Baths
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- Single Family
- Active
- Updated 5 days ago
- 6Beds
- 6Total Baths
5921 Gaston Avenue, Dallas, TX 75214 (MLS# 21222149) is a Apartment property with 0 bedrooms and 0 full bathrooms. 5921 Gaston Avenue is currently listed for $1,550,000 and was received on March 28, 2026. Want to learn more about 5921 Gaston Avenue? Do you have questions about finding other Apartment real estate for sale in Old East Dallas? You can browse all Old East Dallas real estate or contact a Coldwell Banker agent to request more information.