Irving, TX 75060,1516 W 7th Street
Irving, TX 75060,1516 W 7th Street
Irving, TX 75060,1516 W 7th Street
Irving, TX 75060,1516 W 7th Street
Irving, TX 75060,1516 W 7th Street
Irving, TX 75060,1516 W 7th Street
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Fri
30
Jan
Sat
31
Jan
Sun
1
Feb
$ 1,999,999
Est. payment | /mo

20 Beds

12 Baths

0.88 Acres Lot


$ 1,999,999
Est. payment | /mo

20 Beds

12 Baths

0.88 Acres Lot

Key Details

Property Type Single Family Home

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Subdivision Irving Park Acres

MLS Listing ID 21031053

Bedrooms 20

Full Baths 10

Half Baths 2

HOA Y/N None

Total Fin. Sqft 10088

Year Built 1972

Annual Tax Amount $37,106

Lot Size 0.884 Acres

Acres 0.884

Property Sub-Type Multiple Single Units

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.

Location

State TX

County Dallas

Direction GPS

Interior

Interior Features Built-in Features, Cable TV Available, Decorative Lighting

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Other

Appliance Dishwasher, Disposal, Vented Exhaust Fan

Heat Source Central, Electric

Exterior

Utilities Available City Sewer, City Water

Roof Type Asphalt

Garage No

Building

Story Two

Foundation Slab

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Haleyj

Middle Schools Bowie

High Schools Nimitz

School District Irving Isd

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21031053

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Diane Carpenter • 24fifteen Realty

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 7

    Stipes Elementary School

    Public | KG - 5

  • 6

    Johnston Elementary School

    Public | KG - 5

  • 6

    Brandenburg Elementary School

    Public | KG - 5

  • 6

    John Haley Elementary School

    Public | KG - 5

  • 6

    Townley Elementary School

    Public | KG - 5

  • 6

    Gilbert Elementary School

    Public | KG - 5

  • 5

    Hanes Elementary School

    Public | KG - 5

  • 5

    Elliott Elementary School

    Public | KG - 5

  • 5

    Universal Academy

    Public | PK - 12

  • 5

    Farine Elementary School

    Public | KG - 5

  • 5

    Britain Elementary School

    Public | KG - 5

  • 5

    Schulze Elementary School

    Public | KG - 5

  • 4

    Davis Elementary School

    Public | KG - 5

  • 4

    Barton Elementary School

    Public | KG - 5

  • 4

    Brown Elementary School

    Public | KG - 5

  • 4

    Keyes Elementary School

    Public | KG - 5

  • 3

    Lively Elementary School

    Public | KG - 5

  • 3

    Good Elementary School

    Public | KG - 5

  • 0

    Islamic School of Irving

    Private | PK - 12

  • 0

    Holy Family of Nazareth School

    Private | PK - 8

Middle Schools 11
  • 8

    Uplift Education - Infinity Preparatory Middle School

    Public | 6 - 8

  • 6

    Crockett Middle School

    Public | 6 - 8

  • 6

    Travis Middle School

    Public | 6 - 8

  • 5

    Johnson Middle School

    Public | 6 - 8

  • 5

    Lamar Middle School

    Public | 6 - 8

  • 5

    Lorenzo de Zavala Middle School

    Public | 6 - 8

  • 5

    Bowie Middle School

    Public | 6 - 8

  • 5

    Austin Middle School

    Public | 6 - 8

  • 0

    Secondary Reassign Center

    Public | 6 - 12

  • 0

    Barbara Cardwell Career Preparatory Center

    Public | 8 - 12

  • 0

    Wheeler Transitional and Developmental Secondary Center

    Public | 6 - 12

High Schools 4
  • 10

    Uplift Education-North Hills Preparatory High School

    Public | 9 - 12

  • 4

    Irving High School

    Public | 9 - 12

  • 3

    Nimitz High School

    Public | 9 - 12

  • 0

    Premier High School of South Irving

    Public | 9 - 12

School and business data provided by Attom Data.
Frank Rose

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

1516 W 7th Street