Dallas, TX 75204 1516 Annex Avenue
$6,700,000
- MLS# 21188054
- 02/24/2026
Presented By: Allie Beth Allman & Assoc.
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Beds • 58
Baths • 58
Year Built • 1963
Home Details
Investment opportunity in excellent location near Henderson Avenue. 3 buildings compromising a total of 58 units. Completed and ongoing repairs include roof, new lighting, painting, newly laid asphalt parking lot, and upgrades to units.
Presented By: Allie Beth Allman & Assoc.
Interior Features for 1516 Annex Avenue
Bathrooms
Total Baths
Other Interior Features
Basement Y/NNo
FlooringLaminate
Interior FeaturesBuilt-in Features
Lock Box TypeNone
Occupancy Rate90
Total Units58
Unit Count
General for 1516 Annex Avenue
# of Buildings3
AppliancesDishwasher, Disposal, Electric Range, Refrigerator
Capitalization Rate0.98
CityDallas
Complex Name1516 Annex
Construction MaterialsBrick, Rock/Stone, Wood
CoolingCentral Air, Electric
CountyDallas
DirectionsPlease use GPS.
Elementary SchoolChavez
Elementary School NameChavez
Gross Annual Expenses498110.00
HOA TypeNone
HeatingCentral, Electric
High SchoolNorth Dallas
Insurance Expense33034
LevelsTwo
Listing TermsCash, Contact Agent, Conventional
Pool Y/NNo
Possession30-60 Days, Closing/Funding
Property SubtypeMultiple Single Units
Property TypeResidential Income
RoofShingle
School DistrictDallas ISD
Standard StatusActive
StatusActive
Subdivision NameBlankenship & Blakes
Unexempt Taxes116460
UtilitiesCity Sewer, City Water, Electricity Connected
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1963
Year Built DetailsPreowned
Exterior for 1516 Annex Avenue
Building Area Total47498.00
FencingElectric, Fenced, Gate, Metal
Foundation Pillar/Post/Pier
Lot Size Acres1.0900
Lot Size Area1.0900
Lot Size SourceAssessor
Lot Size Square Feet47480.4000
Lot Size UnitsAcres
Number Of Parking Spaces67
Parking FeaturesAsphalt, Assigned, Gated, On Site, Parking Lot
WaterfrontNo
Additional Details
Price History
Schools
Middle School
N/A
Elementary School
Chavez Elementary School
High School
N/A
Suzanne Smith
Broker/Owner