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The Courtyards at Lower Greenville 5015 Bryan St 36 Unit Apartment Building $5,360,000 ($148,889/Unit) Dallas, TX 75206
Investment Highlights
- Extensively Renovated (2018): Full system upgrades + modern interiors, $51K+ per unit
- Premier Location: Steps from Lower Greenville, Knox/Henderson, and Lakewood
- Land Size: Over 31,000 sqft of Land
- Boutique Community Feel: 36 units across two buildings with private yard spaces
- Strong Tenant Demand: High-occupancy submarket driven by young professionals
Executive Summary
The Courtyards on Bryan is a fully renovated Turn-Key, 36-unit multifamily community located in the Lower Greenville and East Dallas neighborhoods. Situated on over 31,000 square feet, the property consists of two buildings and features private yard spaces, gated parking, and a boutique, community-oriented layout.
The asset underwent a comprehensive, down-to-the-studs renovation completed in 2018 (over $51,000 per unit renovation), including new roofs, electrical, plumbing, and mechanical systems, along with modern interior finishes, in-unit laundry, refreshed exteriors, and upgraded amenities. The result is a high-quality living experience that competes with newer Class A product at a more accessible price point.
Located just minutes from Lower Greenville, Knox/Henderson, and Lakewood the property benefits from proximity to some of Dallas’ most vibrant dining, retail, and entertainment corridors. This strong tenant demand location continues to attract young professionals seeking walkable, lifestyle-driven neighborhoods.
The asset underwent a comprehensive, down-to-the-studs renovation completed in 2018 (over $51,000 per unit renovation), including new roofs, electrical, plumbing, and mechanical systems, along with modern interior finishes, in-unit laundry, refreshed exteriors, and upgraded amenities. The result is a high-quality living experience that competes with newer Class A product at a more accessible price point.
Located just minutes from Lower Greenville, Knox/Henderson, and Lakewood the property benefits from proximity to some of Dallas’ most vibrant dining, retail, and entertainment corridors. This strong tenant demand location continues to attract young professionals seeking walkable, lifestyle-driven neighborhoods.
Property Facts
| Price | $5,360,000 | Building Class | B |
| Price Per Unit | $148,889 | Lot Size | 0.73 AC |
| Sale Type | Investment | Building Size | 19,368 SF |
| No. Units | 36 | Average Occupancy | 92% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1956/2018 |
| Apartment Style | Garden | Parking Ratio | 1.86/1,000 SF |
| Zoning | MF-2A - MF2 | ||
| Price | $5,360,000 |
| Price Per Unit | $148,889 |
| Sale Type | Investment |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.73 AC |
| Building Size | 19,368 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built/Renovated | 1956/2018 |
| Parking Ratio | 1.86/1,000 SF |
| Zoning | MF-2A - MF2 |
Amenities
Unit Amenities
- Washer/Dryer
- Heating
- Kitchen
- Hardwood Floors
- Stainless Steel Appliances
- Tub/Shower
- Patio
Site Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | $1,075 | 400 |
| 1+1 | 16 | $1,225 | 585 |
| 2+2 | 8 | $1,500 | 651 |
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Very walkable
80/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,896,490 | |
| Land Assessment | $1,747,350 | Total Assessment | $4,643,840 |
Property Taxes
Parcel Numbers
Land Assessment
$1,747,350
Improvements Assessment
$2,896,490
Total Assessment
$4,643,840
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