Citypointe Apartments
For sale1516 Annex Ave, Dallas, TX 75204
Property type
Multifamily
Unit / Space count
58
Year built
1963
Property class
C
Occupancy
90%
Stories
2
APN
00000121576000000
Lot size
1.09 acres
Number of buildings
3
Sold/status
On Market
Property description
Citypointe Apartments is a multifamily residential community located at 1516 Annex Avenue in Dallas, Texas, positioned within the rapidly evolving Cedars/South Dallas corridor just south of Downtown Dallas. The property offers residents an attainable urban living option with convenient access to major employment centers, transportation corridors, entertainment districts, and educational institutions throughout the Dallas Metroplex. The asset benefits from a strategic infill location near Interstate 30, Interstate 35E, and U.S. Highway 75, providing residents with efficient connectivity to Downtown Dallas, Deep Ellum, Uptown, the Dallas Medical District, and surrounding employment hubs. Citypointe Apartments is situated within close proximity to Baylor University Medical Center, Methodist Dallas Medical Center, and numerous government, logistics, and service-sector employers throughout the urban core. Residents also benefit from nearby access to Fair Park, the Dallas Farmers Market, Cedars entertainment venues, public transit options, and a growing collection of local dining, retail, and cultural destinations that continue to drive redevelopment activity in the surrounding area. The community offers efficiently designed apartment floor plans that appeal to a broad renter base seeking affordability and convenient access to employment, education, and entertainment destinations throughout Dallas. Residents benefit from practical living spaces and community amenities including controlled access, on-site laundry facilities, resident parking, and professionally managed operations. The property’s central location and attainable rental rates position it to attract workforce housing residents, students, healthcare professionals, and other renters seeking proximity to Downtown Dallas and surrounding employment centers without premium urban pricing.