1516 W 7th Street, Irving, TX 75060
Local realty services provided by:CENTURY 21 Middleton
Listed by: diane carpenter972-942-0222
Office: 24fifteen realty
MLS#:21031053
Source:GDAR
Price summary
- Price:$1,999,999
- Price per sq. ft.:$198.26
About this home
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.
Contact an agent
Home facts
- Year built:1972
- Listing ID #:21031053
- Added:86 day(s) ago
- Updated:December 16, 2025 at 01:14 PM
Rooms and interior
- Bedrooms:20
- Total bathrooms:12
- Full bathrooms:10
- Half bathrooms:2
- Living area:10,088 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric
- Heating:Central, Electric
Structure and exterior
- Year built:1972
- Building area:10,088 sq. ft.
- Lot area:0.88 Acres
Schools
- High school:Nimitz
- Middle school:Bowie
- Elementary school:Haleyj
Finances and disclosures
- Price:$1,999,999
- Price per sq. ft.:$198.26
- Tax amount:$37,106
New listings near 1516 W 7th Street
- New
$460,000Active3 beds 3 baths3,426 sq. ft.320 S Irving Heights Drive, Irving, TX 75060
MLS# 21132137Listed by: MERSAES REAL ESTATE, INC. - New
$540,000Active3 beds 3 baths2,316 sq. ft.8216 Dogwood Lane, Irving, TX 75063
MLS# 21132970Listed by: ALL CITY - New
$282,000Active2 beds 2 baths1,350 sq. ft.222 W Shady Grove Road W #222 East unit, Irving, TX 75060
MLS# 21132709Listed by: COLDWELL BANKER APEX, REALTORS - New
$515,000Active3 beds 3 baths2,304 sq. ft.10409 Waters Drive, Irving, TX 75063
MLS# 21132593Listed by: R2 REALTY LLC - New
$369,900Active3 beds 2 baths2,195 sq. ft.1129 Briar Oaks Drive, Irving, TX 75060
MLS# 21130254Listed by: DALLAS ARK, REALTORS - New
$770,000Active3 beds 3 baths3,356 sq. ft.7545 Primrose Drive, Irving, TX 75063
MLS# 21128930Listed by: RE/MAX DFW ASSOCIATES - New
$220,000Active3 beds 1 baths1,091 sq. ft.1911 Pembroke Street, Irving, TX 75060
MLS# 21129932Listed by: VIVO REALTY - New
$1,155,000Active5 beds 4 baths4,406 sq. ft.7621 Cedar Elm Drive, Irving, TX 75063
MLS# 21132055Listed by: ELITE LIVING REALTY - New
$750,000Active5 beds 4 baths3,570 sq. ft.108 Guadalupe Drive, Irving, TX 75039
MLS# 21131103Listed by: COMPASS RE TEXAS, LLC. - New
$699,000Active4 beds 3 baths3,083 sq. ft.7608 Tallow Drive, Irving, TX 75063
MLS# 21109915Listed by: EBBY HALLIDAY REALTORS