1516 7th, Irving, Texas

$1,999,999
Active
1516 7th, Irving, Texas
1516 7th, Irving, Texas
1516 7th, Irving, Texas
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Property Details

MLS ID: 21031053
Status: Active
Price: $1,999,999
Acres: 0.88±
Type: Residential
Address: 1516 7th
City, State: Irving, TX
County: Dallas County
ZIP Code: 75060
Lat/Long: 32.80724, -96.96534
Parcel Number: 32221500000470100
Bedrooms: 20
Bathrooms: 12
Year Built: 1972

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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Steve Ruffner, DVM

Steve Ruffner, DVM

Capitol Ranch Real Estate, LLC

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Steve Ruffner, DVM
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Capitol Ranch Real Estate, LLC
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You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: February 14, 2026 at 12:00:00 AM UTC

Listed By: Diane Carpenter of 24fifteen Realty