Dallas, TX 75219 4021 Gilbert Avenue # 6

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  • North Texas Real Estate Info Systems (NTREIS) - 37 - TX
  • MLS# 20844306
  • 03/05/2025
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Presented By: Noy Bolurian with Texas Urban Living Realty; 214-823-7783
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
  • Beds • 6
  • Full/Half Baths • 4 / 2
  • SQFT • 16,000
  • Garage • 1
  • Year Built • 1974

Home Details

PLEASE NOTE: This is a 4 condo package within an 11 condo unit building, NOT a multi-family. Other units are owned by independent entities. AGENTS: PLEASE READ PRIVATE REMARKS Exclusive Real Estate Investment – 4 Condo Units in a Spanish-style Building 4021 Gilbert Avenue Prime Turnkey Opportunity in a High-Demand Market Discover an exceptional investment opportunity with four premium condo units in the sought-after neighborhood of 4021 Gilbert Avenue. This rare package offers immediate rental income, strong appreciation potential, and a hassle-free, high-yield asset in one of the most desirable areas. Investment Highlights: ? 4 Modern Condo Units – Renovated finish outs, no carpet, spacious layouts, includes parking ? Premier Location – Situated in a vibrant, walkable area near top dining, shopping, and entertainment. ? High Rental Demand – Strong occupancy rates with premium rental income potential. ? Turnkey Cash Flow – Ideal for investors seeking steady, passive income with minimal management. ? Strong Appreciation Potential – Located in a high-growth market with increasing property values. ? Perfect for Portfolio Diversification – A rare opportunity to own multiple units in a prime area. Why Invest in This Opportunity? 4021 Gilbert Avenue is surrounded by strong rental demand, upscale amenities, and a thriving real estate market. Whether you're a seasoned investor or looking for a high-yield, low-maintenance investment, this opportunity provides both immediate cash flow and long-term appreciation.
Presented By: Noy Bolurian with Texas Urban Living Realty; 214-823-7783

Interior Features for 4021 Gilbert Avenue # 6

Bedrooms

Total Bedrooms6

Bathrooms

Half Baths2
Total Baths6

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringConcrete, CeramicTile, Laminate, LuxuryVinylPlank, Vinyl, Wood
Heating Y/NYes
Interior AmenitiesBuiltInFeatures, GraniteCounters, Loft, VaultedCeilings, WalkInClosets

General for 4021 Gilbert Avenue # 6

Additional Parcels Y/NNo
AppliancesDryer, Dishwasher, ElectricCooktop, ElectricOven, Disposal, Microwave, Refrigerator, Washer
Assoc Fee Paid PerAnnually
Association Fee IncludesSewer, Trash, Water
Association NameGilbert Street Condo HOA
Attached Garage No
AttributionContact214-823-7783
Cap Rate5.83
Carport Y/NYes
CityDallas
Community FeaturesCommunityMailbox, Curbs
Construction MaterialsStucco
CoolingCentralAir, CeilingFans
CountyDallas
DirectionsGPS is accurate
Electric On Property Y/NNo
Elementary SchoolMilam
Elementary School DistrictDallas ISD
Full Baths4
Garage Y/NNo
Gross Income83040.0
HOAYes
HOA Fee$11985.0
HeatingCentral
High SchoolNorth Dallas
High School DistrictDallas ISD
Home Warranty Y/NNo
Insurance Expense2723.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionGILBERT STREET CONDOMINIUM BLK F/1569 LOTS 15
LevelsTwo
Lot Size Square Feet15986.52
Lot Size UnitsAcres
Middle/Junior High SchoolSpence
Middle/Junior School DistrictDallas ISD
MobileHomeRemainsYNNo
ModificationTimestamp2025-04-18T18:42:46.567-00:00
Net Operating Income58313.0
New ConstructionNo
Number Of Units Total4
Occupancy TypeTenant
Patio/Porch FeaturesBalcony
Pool FeaturesNone
PossessionNegotiable
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition, Other, TarGravel
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameGilbert Street Condo
Tax Annual Amount16618.0
Tax Lot15
Unit Number6
UtilitiesElectricityConnected, SewerAvailable, WaterAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1974
Year Built DetailsPreowned

Exterior for 4021 Gilbert Avenue # 6

Building Area Total16000.0
Crops Included Y/NNo
Exterior AmenitiesBalcony, Courtyard, OutdoorGrill, UncoveredCourtyard
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.367
Lot Size Area0.367
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAssigned, Common, Covered, Carport, DetachedCarport, Outside, Private, VariesByUnit
SpaNo
Total Parking6.0
Water SourcePublic

Additional Details

Price History

Schools

Elementary School Milam Elementary School
High School North Dallas High School
Middle School Spence Middle School

Suzanne Smith

Broker/Owner
Price $999,999
MLS#20844306
List Date 03/05/2025
Property Type Multi-Family
Phone 903.235.4216
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