TX
Dallas
Irving
75060
1516 W 7th Street
1516 W 7th Street, Irving, TX 75060
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Listing Type
other
Listing Status
Off Market
30
$1,999,999

Home Details for 1516 W 7th Street

Price
$1,999,999
Type
Residential Income
Bedrooms
20
Bathrooms
12.0
Square feet
NaN
Year built
1972
Lot size acres
0.884
County
Dallas
Garage
Days on site
14
MLS Listing#
21031053
Property Description

Welcome to Elm Road Apartments, a well-established community in the heart of the Metroplex featuring five one-story buildings with a total of ten rental units and 13,500 combined square feet. Each unit includes its own private yard and dedicated parking with one to three spaces, offering convenience and comfort for tenants. Recent updates include new roofs completed in June 2025 on Units 1–6 along 7th Street, with two additional roof replacements already in the planning phase. Listed with the City of Irving as Elm Road Apartments, the property is maintained under a single tax filing and designed as one cohesive neighborhood. With its prime Irving location, strong tenant appeal, 13.5 NOI, and a 4.9% cap rate, this property represents both stability and opportunity for investors.

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Property Features
  • Cooling Information
    • Ceiling Fan(s)
    • Central Air
    • Electric
  • Heating Information
    • Exhaust Fan
    • Central
    • Electric
  • Parking
    • Additional Parking
    • Garage
    • Other
  • Water Features
    • Public
  • House Interior
    • Built-in Features
  • Utilities
    • Cable Available
School Information
School Information for 1516 W 7th Street, Irving, TX 75060
Elementary School
Haleyj
Middle School
Bowie
High School
Nimitz
Listing Courtesy: 24:15 Realty - 972-942-0222
Presented by: Diane Carpenter
Dallas MLS - N.T.R.E.I.S. logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2025-12-02 15:02:03
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Market statistics compiled from data from Dallas MLS - N.T.R.E.I.S..
EXIT REALTY ELITE
129 S. Main St, Ste 260, Grapevine, TX 76051
Jerry Hawn
License #: 0706288
Sales Representative
Office
817 925 5503
Agent
817 905 9019
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