5656 Live Oak ST, Dallas, TX 75206
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5656 Live Oak ST, Dallas, TX 75206
5656 Live Oak ST, Dallas, TX 75206
5656 Live Oak ST, Dallas, TX 75206
5656 Live Oak ST, Dallas, TX 75206
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Addy Gibson

Addy Gibson

+1(903) 413-2375
$ 5,000,000
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5656 Live Oak ST Dallas, TX 75206

43 Beds

43 Baths

25,080 SqFt

UPDATED:

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 25,080 sqft

Subdivision Munger Place

MLS Listing ID 21434949

Bedrooms 43

Full Baths 43

Construction Status Resale

HOA Y/N No

Year Built 1968

Annual Tax Amount $101,284

Lot Size 1.310 Acres

Acres 1.31

Property Sub-Type Apartment

Property Description

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.

Location

State TX

County Dallas

Direction From US-75, take the Live Oak St exit and head east on Live Oak St. Property is at 5656 Live Oak St, Dallas, TX 75206.

Interior

Interior Features High Speed Internet, Cable TV

Heating Central

Cooling Central Air

Flooring Carpet, Combination, Laminate

Fireplace No

Appliance Dishwasher, Electric Range, Disposal, Microwave, Refrigerator

Exterior

Parking Features Covered, Carport

Pool None

Utilities Available Sewer Available, Water Available, Cable Available

Water Access Desc Public

Roof Type Shingle

Road Frontage All Weather Road

Total Parking Spaces 57

Private Pool No

Building

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Resale

Schools

Elementary Schools Lipscomb

Middle Schools Long

High Schools Woodrow Wilson

School District Dallas Isd

Others

Senior Community No

Tax ID 00000182179000000

Acceptable Financing Cash, Contract, See Agent

Listing Terms Cash, Contract, See Agent

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21434949

North Texas Real Estate Info Systems (NTREIS) / WACO Association of Realtors
©2026 North Texas Real Estate Information Systems.
Listed by  Jay Fang • U Property Management
Addy Gibson

Addy Gibson

+1(903) 413-2375

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5656 Live Oak ST