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.
For sale
$1,999,999
1516 W 7th St, Irving, TX 75060
20beds
10,088sqft
Est.:
Multi Family
Built in 1972
-- sqft lot
$1,836,400 Zestimate®
$198/sqft
$-- HOA
What's special
Recent updatesPrivate yardDedicated parking
- 36 days |
- 727 |
- 22 |
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