1516 W 7th Street, Irving, TX 75060

Irving
Local realty services provided by:Better Homes and Gardens Real Estate Winans
1516 W 7th Street,Irving, TX 75060
$1,850,000
Virtual Tour
  • 20 Beds
  • 12 Baths
  • 10,088 sq. ft.
  • Multi-family
  • Active
Listed by: diane carpenter
Office: 24fifteen realty
MLS#:21231711
Source:GDAR

Price summary

  • Price:$1,850,000
  • Price per sq. ft.:$183.39

About this home

This multifamily property presents a compelling opportunity for investors seeking value-add potential in the Dallas-Fort Worth market. Serious Portfolio Value Add! this asset offers the ability to increase income through strategic improvements and rental adjustments. The property features multiple units with functional layouts and a location positioned within a strong rental corridor. Current operations provide a foundation for increased net operating income, with market data supporting higher rental rates in the area. 10 units, 1,2, and 3 bedroom choices. 4 buildings for tenants and an extra building for storage! So much potential in one property in a high renter populated city. This is truly a special income property. Investors will appreciate the opportunity to enhance cash flow through: Rental rate optimization based on local comparables Interior and exterior updates Operational efficiencies This opportunity may be suitable for investors looking to expand or...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1972
  • Listing ID #:21231711
  • Added:52 day(s) ago
  • Updated:May 31, 2026 at 11:40 AM

Rooms and interior

  • Bedrooms:20
  • Total bathrooms:12
  • Full bathrooms:10
  • Half bathrooms:2
  • Kitchen Description:Dishwasher, Disposal, Vented Exhaust Fan
  • Living area:10,088 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Year built:1972
  • Building area:10,088 sq. ft.
  • Lot area:0.88 Acres
  • Construction Materials:Brick
  • Foundation Description:Slab
  • Levels:2 Story

Schools

  • High school:Nimitz
  • Middle school:Bowie
  • Elementary school:Haleyj

Finances and disclosures

  • Price:$1,850,000
  • Price per sq. ft.:$183.39
  • Tax amount:$37,106

Features and amenities

  • Appliances:Dishwasher, Disposal, Vented Exhaust Fan
  • Amenities:Smoke Detectors

Parking

  • Garage:Yes
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated May 31, 2026 Listings with the NTREIS logo are listed by brokerages other than Better Homes and Gardens Real Estate Winans.

New listings near 1516 W 7th Street