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4525 Gilbert Avenue #201

Dallas, TX 75219

$189,900

1 units · 1972

Units1
Building area579 sq ft
Year built1972
Gross income$14,340/yr
Cap rate0.23% as listed
Parking1 spaces
Lot size0.367 acres
TypeApartment

What it costs to own

Taxes$4,318 per year
HOA$197 per month · Goodwin & Company
HOA fee coversFull Use of Facilities, Maintenance Grounds, Maintenance Structure, Management Fees, Sewer, Water
Operating expenses$3,226 per year — as listed
Insurance$384 per year — as listed
Net operating income$440 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

Tenant-occupied investment property with a lease in place through 2027. No showings will be permitted until the property is under contract. This property is being offered as a Residential Income and features 1 bedroom and 1.5 baths. Ideal for investors seeking a rental property with an existing tenant in place.

The details

HeatingCentral
CoolingCentral Air
FlooringSee Remarks
AppliancesOther
Interior featuresBuilt-in Features
Bathrooms1 full · 1 half

Construction materialsBrick
RoofComposition
FoundationSlab

Water sourceCity Water
SewerCity Sewer
ElectricElectricity Available
UtilitiesCable Available, Phone Available

SubdivisionGilbert Ave Condo 4525
Community featuresGated, Jogging Path/Bike Path, Laundry, Sidewalks

ElementaryMilam
Middle schoolSpence
High schoolNorth Dallas
DistrictDallas ISD

Gross income$14,340 per year
Operating expenses$3,226 per year
Insurance$384 per year
Cap rate0.23% — as listed
Net operating income$440 per year

MLS #21408119
Source
On the marketListed today
CountyDallas

Around this home

One moment…

Everyday life

Nearest groceryWhole Foods Market · 0.2 mi
Nearest parkFlippen Park · 0.6 mi

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Listing courtesy of LPT Realty LLC — Christie Cannon.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21408119. Information last updated October 23, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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