JC Carter at Douglas Elliman Real Estate

Real estate, curated.

06 · A Multifamily Purchase on Bennett Avenue

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Brick and live oak at dusk.
Brick and live oak at dusk.

Issue 1 · Track 06 · The Deal

A Multifamily Purchase on Bennett Avenue

In August 2026 I represented the buyer of 1910 Bennett Ave, a 26-unit apartment building in East Dallas. The building, the questions a multifamily purchase turns on, and why the price on this page is a band.

Connect.Call or text 469-885-2575

Credits

Role
Represented the buyer
Closed
Aug 20, 2026
Address
1910 Bennett Ave, Dallas 75206
Property
Multifamily, 16,246 sq ft
Price band
$3M and up

Source: SkySlope and NTREIS records.

Listing courtesy of Benjamin Burnside, Post Oak Realty

In August 2026 I represented the buyer of 1910 Bennett Ave, a 26-unit apartment building in East Dallas, in ZIP 75206. It closed on August 20, 2026. The listing was courtesy of Benjamin Burnside of Post Oak Realty. It is the first multifamily sale in my record.

What is 1910 Bennett Ave?

A two-story apartment building on a 0.70-acre lot, in the Bennett Lofts subdivision near Lower Greenville.

  • Units: 26. Six are one-bedroom lofts with two baths, and twenty are one-bedroom apartments with one bath.
  • Size: 16,246 square feet.
  • Built: 2002, per the appraisal district.
  • Parking: gated.
  • Meters: individual electric meters for the units.
  • Price band: $3M and up.

Why is the price a band?

Texas is a non-disclosure state. Sale prices aren’t public record here, so the record on this site shows price bands, not prices. If you’re coming from a state where sale prices are public record, it’s one of the first differences you’ll notice in Dallas.

How is buying an apartment building different from buying a home?

For an apartment building, I review income and expenses alongside condition and comparable sales, and the work on the buyer’s side follows from that. These are the questions a multifamily purchase turns on.

What does the rent roll say?

The rent roll lists each unit’s rent, lease dates and deposits. I read it against the leases themselves, unit by unit, because the rent roll is a summary and the leases are the source documents.

What does the unit mix mean?

At 1910 Bennett the mix is simple: 26 one-bedroom units, six of them two-bath lofts. A mix that simple is easy to understand and easy to compare, unit against unit. The question is how the rents line up across the two types, and why.

Who pays for what?

Individual electric meters are one of the facts on the listing. On any building, I want a clear line between the costs that sit with the owner and the ones that sit with each unit: electric, water, trash, gas, internet, landscaping, and the gated parking. Every line that sits with the owner is an expense to underwrite.

What will the building need?

A 2002 building is old enough to have a history. I want to know what’s been replaced, what’s original, and what the next ten years look like for the roof, the systems, the parking and the units. An inspection on a 26-unit building is a different job from an inspection on a house, and it should be scoped that way.

What does the land do?

The lot is 0.70 acres. The land under a building deserves the same review as the building on it: the parking, the setbacks, the site, and what’s around it.

How does a buyer’s agent help on a deal like this?

By keeping the buyer’s questions in front of the deal. The buyer’s agent’s job is to check the seller’s figures on income and expenses against the documents, keep the timelines for inspections and financing visible, and make sure the contract reflects what the buyer learned along the way.

That is the same work I do on a townhome or a residence in a tower, with a rent roll in the middle of it. This year I also completed coursework in commercial real estate, and the questions above are where an investment purchase starts.

Where else is 75206 in the record?

ZIP 75206 holds 6 of the 47 closed deals in my record, including this one. The full list, with my role on each deal, is in the record at the end of this issue.

If you’re looking at an apartment building or a mixed-use property in Dallas, connect with me, or call or text 469-885-2575.

Up next · Track 07 · The Read

Moving to Dallas From Los Angeles

  1. 1. Why can’t I find what homes sold for in Dallas?
  2. 2. What do I sign before I tour?
  3. 3. What does the Dallas market look like right now?
  4. 4. Where do I start looking?

Read the track