5722 Gaston Ave, Dallas, TX, 75214
About This Home
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.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1958
Materials
- Foundation: Pillar/Post/Pier
- Roof: Asphalt
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Apartment
Interior
Appliances
- Appliances included: Dishwasher,Electric Range,Disposal,Microwave,Refrigerator
Features
- Granite Counters,High Speed Internet,Cable TV
- Flooring: Laminate
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Ceiling Fan(s),Electric
Interior Area
- Total structure area: 8,785
- Total interior livable area: 8,785 sqft
Property
Details
- Parcel number: 00000182029000000
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Lot size: 0.32 Acres
Parking
- Total spaces: 11
- Parking features: Asphalt,On Site
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Heat Wave
- Cold Wave
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,331 | $87,972 |
| Home Insurance * | $628 | $7,536 |
| Property Taxes | $1,752 | $21,024 |
| Electricity | $964 | $11,575 |
| Total | $10,675 | $128,100 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-07 | Listed for sale | $1,450,000 |
| 2020-03-19 | Listing removed | $895 |
| 2020-02-11 | Listed for rent | $895 |
| 2015-12-01 | Listing removed | $1,150 |
| 2015-07-10 | Listed for rent | $1,150 |
| 2015-06-21 | Listing removed | $1,395,000 |
| 2015-04-29 | Listed for sale | $1,395,000 |
| 2015-04-29 | Listing removed | $850 |
| 2015-02-20 | Listed for rent | $850 |
For Sale by Agent
View on Zillow