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43 Beds
43 Baths
25,080 sqft

$5,000,000

5656 Live Oak Street, Dallas TX, 75206

Price per sqft$199.36
Built in1968
Property size25,080 sqft
Property typeCondominium

Overview

Active

Updated 15h ago

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.

$33,265/mo

Est. mortgage payment based on a $5,000,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
21434949

Interior Features

Bedrooms
43
Bathrooms
43
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.31 Acres

Other Property Details

Taxes
$101,284
Tax Frequency
Annually
55+/Senior Community
No

Listed by Jay Fang with U Property Management
Listing Contact: 469-500-1268 

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 11/13/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 11/13/2026 at 7:14 AM UTC

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