Royal Palms

For Sale

5520 Gaston Ave, Dallas, TX 75214

This Dallas property for sale is located at 5520 Gaston Ave. The general use of Royal Palms is multi-family and it incorporates 14,545 square feet of class A multi-family space. The current listed sale price for Royal Palms is $3,500,000. Royal Palms is situated on a lot that is 0.59 acre in size.

Contacts

Heather Konopka, CCIM, CRE

Sperry | The HKC Group

Property Details

  • 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 29, 2026
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.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 36/100

    Walk Score ®

  • 40/100

    Transit Score ®

  • 62/100

    Bike Score ®

Powered by Walk Score ®

Location

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

Points of Interest

  • Fair Park

    1.65 miles

  • 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

  • Sunoco

    0.48 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

  • Lakewood Country Club Tennis Courts

    0.83 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

  • Element Dallas Downtown East

    1.25 miles

  • Home2 Suites by Hilton Dallas Downtown at Baylor Scott & White

    1.59 miles

  • Best Western

    1.68 miles

  • Quality Inn & Suites Dallas-Cityplace

    1.69 miles

  • La Quinta Inn

    1.72 miles

  • Palace Suites Dallas

    1.76 miles

  • Canopy by Hilton Dallas Uptown

    1.93 miles

  • Carrara at Cole Apartments

    2.03 miles

  • The Pittman

    2.08 miles

  • Bailey's Uptown Inn

    2.28 miles

  • Fiesta Mart

    0.57 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

Contact Listing Broker
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.