5722 Gaston Avenue, Dallas, TX 75214
5722 Gaston Avenue, Dallas, TX 75214
5722 Gaston Avenue, Dallas, TX 75214
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Marissa Fontanez

Marissa Fontanez

+1(214) 789-9187
$1,450,000
Est. payment /mo
0.32 Acres Lot
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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Munger Place Add Sec 02

MLS Listing ID 21324260

HOA Y/N None

Total Fin. Sqft 8785

Year Built 1958

Annual Tax Amount $29,393

Lot Size 0.323 Acres

Acres 0.323

Property Sub-Type Apartment

Property Description

Lakewood offers the opportunity to acquire a 12-unit apartment community that has been thoughtfully maintained by the same private owner for nearly a decade. Throughout the ownership period, the property has undergone a series of meaningful capital improvements designed to enhance both its physical condition and operational efficiency. Ownership has invested more than $226k into the asset, including the conversion of all units to central HVAC, individual utility metering, plumbing upgrades, a new central water heater, interior renovations, landscape improvements, and a new perimeter security gate. Additionally, the roof was replaced in 2020, further reducing future capital requirements for a new owner. Collectively, these improvements have addressed many of the major building systems that investors typically evaluate when acquiring a vintage apartment community. The community offers a mix of 1 and 2 bedroom units, with effective rents averaging $1,072. Please see OM in Transaction Desk and contact agent specified in notes section for questions, access to financials and tours.

Location

State TX

County Dallas

Direction Google maps

Interior

Interior Features Cable TV Available, Granite Counters, High Speed Internet Available

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Laminate

Appliance Dishwasher, Disposal, Electric Range, Microwave, Refrigerator

Heat Source Central, Electric

Exterior

Utilities Available City Sewer, City Water

Roof Type Asphalt

Garage No

Building

Story Two

Foundation Pillar/Post/Pier

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Lipscomb

Middle Schools Long

High Schools Woodrow Wilson

School District Dallas Isd

Others

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21324260

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2026 North Texas Real Estate Information Systems.
Listed by Esther Cho • GSFREA LLC

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Marissa Fontanez

As a resident of the Lakewood/East Dallas community Marissa can provide personal insight into our neighborhood. As a native of Dallas, Marissa attended SMU to obtain her business degree from the Cox School of Business, after 10 years in corporate America her experience in negotiating with International firms transfers directly into her real estate business. High Integrity, honesty, and a passion for people make working with Marissa a delight. As a by-referral realtor Marissa is 100% committed to you and your real estate goals. Marissa has extensive sales knowledge in various areas of the metroplex including, but not limited to Lakewood, Preston Hollow, Park Cities, Hollywood Heights, M Streets, and Lake Highlands.

+1(214) 789-9187

[email protected]

6301 Gaston, Dallas, Texas, 75214, United States

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