Features & Amenities

Interior

  • Other Interior Features

    High Speed Internet

  • Total Bedrooms

    43

  • Bathrooms

    43

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Carport, Covered

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    1.31

  • Lot Size(square feet)

    57,063

  • Property Type

    Residential Income

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $5,000,000

  • Tax Amount

    $101,284

  • Financing Options

    Cash, Contract

  • Sq. Footage

    25,080

  • Price/SqFt

    $199

HOA

  • Association

    No

School District

  • Elementary School

    Lipscomb

  • Middle School

    Long

  • High School

    Woodrow Wilson

Property Features

  • Foundation Details

    Slab

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    14

  • Water Source

    Public

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Location

County

Dallas

Elementary School

Lipscomb

Middle School

Long

High School

Woodrow Wilson

Listing Courtesy of Jay Fang, U Property Management

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Glendale Oaks is a 40-unit brick garden-style multifamily community, plus one storage studio, on 1.31 acres at 5656 Live Oak Street in East Dallas. Built in 1968 and renovated in 2015, with select units further updated in 2025, the property is minutes from Downtown Dallas, Deep Ellum, and Baylor University Medical Center, with convenient access to US-75 and I-30. The community offers 37 one-bedroom and 3 two-bedroom units; 37 of 39 rentable units are leased (about 95% occupied). Approximately 80% of monthly rent is paid directly by housing assistance programs (DHA and VASH). Trailing-12 NOI is $346,262. Amenities include on-site laundry, covered carport parking (57 spaces), a dog park, and landscaped grounds. Value-add upside includes upgrading classic interiors, returning the on-site office and storage studio to the rent roll, and moving rents toward market as units turn. The 1.31-acre MF-2(A) site is surrounded by new townhome development; townhome redevelopment is a scenario worth considering, subject to zoning, entitlements, and buyer due diligence.

5656 Live Oak Street

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