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Investment Highlights

  • 26 units on vouchers
  • Prime location 2 miles from downtown Dallas
  • Clear value add opportunity

Property Facts

Sale Type Investment
No. Units 60
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.09 AC
Building Size 32,000 SF
Average Occupancy 83%
No. Stories 2
Year Built 1963
Parking Ratio 1.91/1,000 SF
Zoning Z164

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Heating
  • Kitchen
  • Refrigerator
  • Sprinkler System
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Gated
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 57 - 484 - 500
2+2 3 - 1,000
Very walkable
80/100
Moderately drivable
60/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
00000121576000000
Land Assessment
$2,612,390
Improvements Assessment
$3,387,610
Total Assessment
$6,000,000
  • Listing ID: 40885982

  • Date on Market: 6/11/2026

  • Last Updated:

  • Address: 1516 Annex Ave, Dallas, TX 75204

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