Marcus & Millichap is pleased to present the exclusive listing of The Reserve at Lake Highlands, a well-maintained 152-unit Class B apartment community built in 1980 and located in Dallas, Texas. The property has benefited from $1.85 million in recent capital improvements, with approximately 70% of units upgraded with granite countertops, stainless steel appliances, and tiled backsplashes. Spacious two-bedroom floor plans averaging over 1,000 square feet appeal to families within the highly rated Richardson ISD. Situated in one of Northeast Dallas’ most supply-constrained submarkets, the asset offers immediate access to I-635 and US-75, proximity to Texas Instruments’ global headquarters and Texas Health Presbyterian Hospital, and exposure to the transformative $300 million Lake Highlands Town Center redevelopment. With clear operational upside through utility reimbursement optimization and completion of remaining unit renovations, the property presents a compelling value-add investment opportunity.