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Investment Highlights

  • Clear Rent Upside with Proven Mark-to-Market Potential
  • Significant Value-Add Opportunity with Only 10 of 84 Units Renovated
  • Spacious Floor Plans Across a Highly Desirable Unit Mix
  • Infill Dallas Location with Strong Connectivity & Major Employment Drivers

Executive Summary

A well-located, 84-unit apartment community at 2833 Community Dr. in the Bachman Lake submarket of Dallas.
Constructed in 1971, the two-story property consists of six brick buildings with one-bedroom units averaging 681 SF and two-bedroom units averaging 990 SF. Community eatures include individual HVAC condensers, a central courtyard, patios/balconies, grilling areas, and 120 parking spaces.

Property Facts

Sale Type Investment
No. Units 84
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 2.53 AC
Building Size 66,090 SF
No. Stories 2
Year Built/Renovated 1971/2006
Parking Ratio 1.36/1,000 SF
Zoning CR, Dallas

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Wheelchair Accessible (Rooms)

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 56 - 600 - 745
2+2 28 - 990
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
00000433757000000
Land Assessment
$772,060
Improvements Assessment
$5,740,140
Total Assessment
$6,512,200
  • Listing ID: 42021490

  • Date on Market: 9/2/2026

  • Last Updated:

  • Address: 2833 Community Dr, Dallas, TX 75220

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