Dallas, TX 75219 4021 Gilbert Avenue # 6
$999,999



35 more




































Presented By: Noy Bolurian with Texas Urban Living Realty; 214-823-7783
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