Mark Maldonado
Mersal Realty
License number: 0655845
mobile: (972) 658-2877
 www.markmaldona­dorealty.com
$1,999,999
1516 7th Street, Irving, Texas 75060, USA
MLS#
21031053
Property type
Residential For Sale, Multi-Family, Multi Family
Land size
0.88 sqft (0.08 m2)
Building Size
10,088 sqft (937.2 m2)
Status
Bedrooms
20
Baths
10
Half baths
2
Sale price per sqm
0 $
Virtual Tour
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.
Property Details
1972 Year Built:
Building or Complex name: Elm Road Apartments Location:
Brick Construction:
Resale Condition:
Dishwasher, Vented Exhaust Fan, Disposal Appliances:
Garage, Decorative Lighting Property Features:
city water, City sewer Utilities:
Central, Electric Heating System:
Central, Electric, Ceiling Fan Cooling System:
Cable Available Telecommunication:
On Slab Basement and Foundation:
Asphalt Roofing:
School Information
582 School District:
Haleyj Elementary School:
Nimitz High School:
Bowie Middle School:

Listing by: 24:15 Realty
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