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For Sale

Royal Palms

5520 Gaston Ave, Dallas, TX 75214

Discover the allure of East Dallas from the vantage point of the prestigious Royal Palms. Situated mere minutes from the vibrant Lakewood neighborhood and White Rock Lake, the property boasts proximity to eclectic dining, revered cultural landmarks, and thriving entertainment hubs. Embrace an enviable lifestyle with easy access to the trendy shops of Lower Greenville and the bustling energy of Deep Ellum. With the serene oasis of the Dallas Arboretum and Botanical Garden just a stone's throw away, this sought-after location presents a compelling investment opportunity for Multifamily / High-Rise investors looking to capitalize on the area's growing desirability.Introducing a prime investment opportunity in the heart of Dallas, this distinguished Multifamily / High-Rise property epitomizes sophistication and modernity. Boasting a 14,545 SF building with 23 exquisitely appointed units, this 1959-built gem underwent a radiant renovation in 2018. With a coveted PD-99 zoning and a remarkable 90% occupancy rate, the property presents a compelling vision for discerning investors seeking to maximize their portfolio. Embrace the epitome of urban elegance and seamless convenience in this flourishing Dallas location. This property represents an unparalleled chance to garner substantial returns within a thriving real estate market.
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Contacts

broker
Heather Konopka, CCIM, CRE

Sperry | The HKC Group

Building Details

  • For Sale $3,500,000
  • Property Type Multi-Family
  • Property Size 14,545 SF
  • Units 23
  • Lot Size 0.59 Acre
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1959
  • Year Renovated 2018
  • Date Updated Jun 18, 2026

Getting Around

  • Walk Score ®

    Car-Dependent (36)
  • Transit Score ®

    Some Transit (40)
  • Bike Score ®

    Bikeable (62)
Powered by Walk Score ®

Location

  • City Dallas, TX
  • Neighborhood Munger Place
  • Zip Code 75214
  • Market Dallas Fort Worth
  • Map
  • Street

Points of Interest

CityPlace & Noble

1.98 miles

Blackburn & West Village

2.02 miles

CityPlace & McKinney

2.02 miles

Deep Ellum

2.06 miles

McKinney & Lemmon

2.12 miles

Cole & West Village

2.12 miles

McKinney & Hall

2.20 miles

MLK Jr.

2.22 miles

Cole & Bowen

2.29 miles

Valero

0.56 miles

Phillips 66

0.61 miles

Shamrock

0.64 miles

7-Eleven

0.75 miles

Exxon

0.84 miles

Texaco

1.17 miles

eVgo

2.13 miles

Perot Museum of Nature and Science

2.94 miles

Tesla Supercharger

3.76 miles

Lot 49

1.23 miles

Lot 36

1.25 miles

Residence Parking

1.25 miles

Parking Lot 57

1.26 miles

Lot 45

1.28 miles

Parking Garage 7

1.31 miles

Parking Lot 24

1.31 miles

DTS Commuter Lot

1.34 miles

Lot 42

1.35 miles

Wave Wash

2.71 miles

Super Star Car Wash

3.64 miles

Budget

5.15 miles

Avis

5.15 miles

Chevron

5.16 miles

Hertz

5.21 miles

National

5.27 miles

Alamo

5.28 miles

Enterprise

5.33 miles

El Tiburon

0.48 miles

The Original Seafood Bar

0.50 miles

Wingstop

0.55 miles

Chicken House

0.58 miles

El Atoron Taqueria y Torteria

0.63 miles

Tacos y Mas

0.63 miles

El Hoyo

0.63 miles

Jack in the Box

0.65 miles

McDonald's

0.65 miles

Sprouts Farmers Market

0.73 miles

Trader Joe's

0.80 miles

La Azteca Meat Market

0.89 miles

Whole Foods Market

0.90 miles

ALDI

1.10 miles

El Rancho

1.13 miles

La Michoacana Meat Market

1.27 miles

Kroger

1.56 miles

Ross

1.58 miles

Walgreens

0.78 miles

Dallas Fire Station Number 17

0.83 miles

Dallas Fire Station Number 8

0.90 miles

CareNow

0.94 miles

The Rehabilitation and Wellness Center

1.14 miles

Dallas Fire Station 19

1.20 miles

BSW Surgicare

1.32 miles

Physicians Day Surgery

1.33 miles

Baylor Scott & White Institute for Rehabilitation

1.44 miles

5520 Gaston Ave Listing Summary

  • What is the asking price at Royal Palms?

    Royal Palms is currently listed for sale at Contact for pricing.

  • What is the total size of Royal Palms?

    Royal Palms has a total of 14,545 square feet.

  • What is the year built for Royal Palms?

    The year built for Royal Palms is 1959.

Contact Listing Broker
broker
Heather Konopka, CCIM, CRE

Sperry | The HKC Group

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