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About the Listing KNWC01 - 0789408,0578576
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.
Listing Highlights for 1516 W 7th St
Interior Details
- Bedrooms: 20
- Bathrooms: 10 Full / 2 Half
- Appliances: Dishwasher, Disposal, Vented Exhaust Fan
- Air Cond: Ceiling Fan(s),Central Air,Electric
- Heating: Central,Electric
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Built-in Features,Cable TV Available,Decorative Lighting
- Water:
Exterior Details
- Lot Description: .5 to < 1 Acre
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof: Asphalt
- Others: Preowned
- Sewer:
- Parking Features: Additional Parking,Garage
Financial Details
- Tax Amount: $37,106
- Taxes w/Assessments: N/A
- Tax/Property ID: 32221500000470100
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
1516 W 7th St Irving, TX 75060
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