USATXIrvingIrving Park Acres1516 W 7Th St
1516 W 7Th St | Image 1
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1516 W 7Th St | Image 2
1516 W 7Th St | Image 3
1516 W 7Th St | Image 4

$1,900,000

For Sale

2 months ago

1516 W 7Th St, Irving, TX

House

MLS® 21215883

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage Yes
Taxes $37,106
Days Active 46
Lot Size 
Approx. Age 1972
MLS® Number 21215883

Property Address: 1516 W 7th St, Irving, TX, 75060-3786

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number21215883
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1972
Basement
DrivewayAdditional Parking, Garage, Other
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 8, 2026List Date
$1,850,000List Price
-End Date
Not Sold YetSold Price

For Sale

Mar 23, 2026List Date
$1,900,000List Price
  • Commute

Commute

Starting Address
Destination Address
1516 W 7Th St, Irving, TX

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