# 5921 Gaston Avenue, Dallas, TX

> This Residential Income listing has 13 Beds, 12 Full Baths. Schedule a showing for 5921 Gaston Avenue in Dallas, TX.

- Price: $1,495,000
- Status: Active
- Property Type: Residential Income
- MLS ID: 21432919
- Features: 13 Beds, 12 Full Baths
- Photo: https://prd-pbgo-mls-photos.s3.amazonaws.com/ntreis/properties/photos/581404331_93049ad3bc5e67144233bca84c8be58b.jpg

## 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.

## Attribution

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North Texas Real Estate Information Systems, Inc. data last updated on November 11, 2026 09:02 AM - CT

Property last updated: November 11, 2026 09:02 AM - CT.