Lewis St Apts.

5969 Lewis Street, Dallas, TX 75206

  • For Sale $1,500,000
  • Property Type Multi-Family
  • Property Size 5,010 SF
  • Units 0
  • Lot Size 7,248 SF
  • Additional Rent Contact for pricing
  • # of Floors 3
  • Building Class B
  • Year Built 1986
  • Date Updated Sep 15, 2024

The offering is a well maintained, performing eight-unit apartment complex in the Lower Greenville area. It is 100% occupied and has a walk score of 79.

The Class-B property was built in 1986. Per DCAD, the building square footage is approximately 5,010. The lot is approximately 7,248 sq ft. The roof is pitched with composition shingles. The foundation is slab. The HVAC is provided by individual central HVAC and mini split systems. All units have W/D connections. All unit utilities are individually metered and are paid for by the tenants. Parking is off street and gated.

The owners had been operating 6 of the 8 units as Short-Term Rental (STR) units until March of 2024. The management company they employed did an excellent job of keeping the STR units occupied until it was sold. The owners decided to convert the STR units to standard leased units and sell the property. Financial data is not available as it is mostly based on STR income and expenses not standard lease income and expenses.

Recent CapEx improvements include:

  • New Roof - 2020
  • HVAC Replaced - 6 of 8 HVAC (in 4 years), other two replaced by previous owner
  • Exterior Painted fence & stucco, install new wood decks, new wood ceilings
  • Exterior contemporary porch & door lighting
  • Updated contemporary interior, painted cabinets, etc.
  • New landscaping, low maintenance
  • Washer & Dryers 7 of 8 units

According to the Realtors Property Resource Trade Area report for Dallas, TX 76206:

  • The Average Household Income is $125,736
  • The Average Disposable Income is $92,160
  • The Median Household Income is $78,537
  • The median age is 33.7 years
  • The average household size is 1.71
  • The ZIP code has a Median Estimated Home Value of $647,990, which has increased 7.8% over the last twelve months

Lower Greenville is a quaint neighborhood and entertainment district in east Dallas

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Contacts

broker

Keith Auten

Auten Realty LLC

Location

Getting Around

  • Walk Score ®

    79/100 Very Walkable

  • Transit Score ®

    42/100 Some Transit

  • Bike Score ®

    65/100 Bikeable
Powered by Walk Score ®
  • City Dallas, TX
  • Neighborhood Lower Greenville
  • Zip Code 75206
  • Market Dallas Fort Worth

Points of Interest

  • Cityplace West & Noble

    1.89 miles

  • Blackburn

    1.90 miles

  • Cityplace West & McKinney

    1.93 miles

  • Cole & West Village

    2.01 miles

  • McKinney & Lemmon

    2.05 miles

  • Baylor University Medical Center

    2.07 miles

  • Fair Park

    2.11 miles

  • McKinney Plaza

    2.16 miles

  • Cole & Bowen

    2.25 miles

  • McKinney & Sneed

    2.27 miles

  • Exxon

    0.42 miles

  • Shamrock

    0.46 miles

  • Valero

    0.90 miles

  • Exxon

    1.27 miles

  • Exxon

    1.33 miles

  • 7-Eleven

    1.45 miles

  • Valero

    1.49 miles

  • Shamrock

    1.53 miles

  • eVgo

    1.65 miles

  • Texaco

    1.65 miles

  • Buckner Park Lot

    1.20 miles

  • Residence Parking

    1.52 miles

  • DTS Commuter Lot

    1.55 miles

  • Residence Parking

    1.61 miles

  • Platinum Park

    1.93 miles

  • Moody Parking Garage

    2.24 miles

  • Binkley Parking Garage

    2.24 miles

  • Airline Parking Center

    2.58 miles

  • Sheraton Guest Parking

    2.66 miles

  • Elm Street Garage

    2.70 miles

  • La Quinta Inn

    1.40 miles

  • Best Western

    1.44 miles

  • Quality Inn & Suites Dallas-Cityplace

    1.46 miles

  • Highland Hotel

    1.82 miles

  • Home2 Suites by Hilton Dallas Downtown at Baylor Scott & White

    1.87 miles

  • The Beeman Hotel

    2.06 miles

  • Palace Suites Dallas

    2.13 miles

  • Bailey's Uptown Inn

    2.34 miles

  • The Lumen

    2.41 miles

  • HALL Arts Hotel, Dallas, Curio Collection by Hilton

    2.50 miles

  • Tacos Mariachi

    0.37 miles

  • The Halal Guys

    0.37 miles

  • Taco Cabana

    0.38 miles

  • Tacos y Mas

    0.40 miles

  • Hinodeya

    0.43 miles

  • McDonald's

    0.44 miles

  • Subway

    0.46 miles

  • Taqueria Lola

    0.46 miles

  • Charlie's Creole Kitchen

    0.46 miles

  • Chipotle

    0.69 miles

  • William Lipscomb Elementary School

    0.55 miles

  • John F Kennedy Learning Center

    0.63 miles

  • Geneva Heights Elementary

    0.84 miles

  • IDEA PLC High School at Fannin

    0.87 miles

  • Woodrow Wilson High School

    0.91 miles

  • J L Long Middle School

    0.94 miles

  • Texas Can Academy

    0.99 miles

  • Peak Preparatory School

    1.01 miles

  • Solar Preparatory STEAM School for Girls

    1.07 miles

  • Lakehill Preparatory School

    1.13 miles

  • Swiss Learning Center

    1.62 miles

  • Parent Day Out

    2.76 miles

  • Little Rascals II Daycare & Learning Center

    5.90 miles

  • Lil Rascals Learning Center

    6.96 miles

  • Cornerstone Learning Center

    8.35 miles

  • Apple Tree Christian Academy

    8.68 miles

  • Little Scholars Academy

    8.86 miles

  • Handprints Academy

    9.17 miles

  • Jerry Junkins Head Start

    9.55 miles

Frequently Asked Questions

How much does Lewis St Apts. cost?

The space currently listed for sale at Lewis St Apts. asks for $1,500,000.

What is the total square footage of Lewis St Apts.?

Lewis St Apts. totals 5,010 square feet.

When was this property built?

Lewis St Apts. was built in 1986.

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Contact Listing Broker

broker

Keith Auten

Auten Realty LLC