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Live Oak Manor 5103-5111 Live Oak St 44 Unit Apartment Building $7,500,000 ($170,455/Unit) Dallas, TX 75206
Investment Highlights
- Large Units (768 average sq ft)
- In-Unit Washer/Dryer
- Gated covered parking available with pool onsite
- 1.29 Acres
Executive Summary
Live Oak Manor is a fully renovated 44-unit multifamily community located in one of East Dallas’ most desirable and rapidly evolving neighborhoods. The property underwent a comprehensive renovation in 2023, including major upgrades to mechanical, electrical, and plumbing systems, offering investors a turnkey asset with minimal near-term capital needs.
Ideally positioned just minutes from Lower Greenville and the transformative development along Henderson Avenue, Live Oak Manor provides residents with immediate access to premier dining, entertainment, and retail. The property benefits from strong rental demand driven by its walkable location, proximity to major employment centers, and continued growth across the East Dallas submarket.
Ideally positioned just minutes from Lower Greenville and the transformative development along Henderson Avenue, Live Oak Manor provides residents with immediate access to premier dining, entertainment, and retail. The property benefits from strong rental demand driven by its walkable location, proximity to major employment centers, and continued growth across the East Dallas submarket.
Property Facts
| Price | $7,500,000 | Building Class | C |
| Price Per Unit | $170,455 | Lot Size | 1.29 AC |
| Sale Type | Investment | Building Size | 37,420 SF |
| No. Units | 44 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1957/2023 |
| Property Subtype | Apartment | Parking Ratio | 1.18/1,000 SF |
| Apartment Style | Garden | Cross Streets | Garrett Ave |
| Zoning | MF-2 - Multifamily | ||
| Price | $7,500,000 |
| Price Per Unit | $170,455 |
| Sale Type | Investment |
| No. Units | 44 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.29 AC |
| Building Size | 37,420 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1957/2023 |
| Parking Ratio | 1.18/1,000 SF |
| Cross Streets | Garrett Ave |
| Zoning | MF-2 - Multifamily |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Double Pane Windows
- Freezer
Site Amenities
- Controlled Access
- Picnic Area
- Pool
- Grill
- Pet Play Area
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 28 | - | 698 - 706 |
| 2+1 | 16 | - | 849 - 912 |
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Very walkable
80/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,156,800 | |
| Land Assessment | $3,093,200 | Total Assessment | $5,250,000 |
Property Taxes
Parcel Numbers
Land Assessment
$3,093,200
Improvements Assessment
$2,156,800
Total Assessment
$5,250,000
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