5656 Live Oak Street, Dallas, TX 75206
5656 Live Oak Street, Dallas, TX 75206
5656 Live Oak Street, Dallas, TX 75206
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Joshua Hough

Joshua Hough

+1(972) 757-1837
$5,000,000
Est. payment /mo
43 Beds
43 Baths
1.31 Acres Lot
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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Munger Place

MLS Listing ID 21434949

Bedrooms 43

Full Baths 43

HOA Y/N None

Total Fin. Sqft 25080

Year Built 1968

Annual Tax Amount $101,284

Lot Size 1.310 Acres

Acres 1.31

Property Sub-Type Apartment

Property Description

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.

Location

State TX

County Dallas

Direction From US-75, take the Live Oak St exit and head east on Live Oak St. Property is at 5656 Live Oak St, Dallas, TX 75206.

Interior

Interior Features Cable TV Available, High Speed Internet Available

Heating Central

Cooling Central Air

Flooring Carpet, Combination, Laminate

Appliance Dishwasher, Disposal, Electric Range, Microwave, Refrigerator

Heat Source Central

Exterior

Utilities Available All Weather Road, City Sewer, City Water

Roof Type Shingle

Garage No

Building

Story Two

Foundation Slab

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Lipscomb

Middle Schools Long

High Schools Woodrow Wilson

School District Dallas Isd

Others

Acceptable Financing Cash, Contact Agent, Contract

Listing Terms Cash, Contact Agent, Contract

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21434949

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Joshua Hough

Joshua Hough

+1(972) 757-1837

Broker License ID: 0564535

Broker License ID: 0564535

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