Rehabbed Tenant-Occupied Income
2536 Rutherford Irving, TX 75062
New
2536 Rutherford, Irving, TX, 75062
$300,000
For Sale
Under Contract
$300,000
MULTI_FAMILY - Irving, TX
Property Size1,427 SF
Lot Size0.22 Acres
Price / SF$210.23
Days on Market4
Property Features for 2536 Rutherford
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3
- Parking
- 2
- Patio and Porch features
- Patio
- Interior features
- OpenFloorplan
- Appliances
- ElectricRange, Microwave
- Standard status
- Active Under Contract
- APN
- 324115000040040000
- Lot size
- 0.22 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1962
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Laminate
- Building materials
- Brick
- Roof type
- Composition
Listing Agency
Jacqueline Green
(214) 882-0398
Dallas, TX
Listed by
Jacqui Green · License #0408050
(214) 882-0398
Added: Jul 14 Checked: Jul 17 at 10:06 am
MLS# 21285323
Listing URL
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This income-producing home at 2536 Rutherford features four bedrooms and two bathrooms with a two-car garage. The interior has been fully rehabbed, presenting an updated, well-maintained condition designed to help minimize near-term capital expenditure needs. The property is currently tenant-occupied, supporting immediate revenue.
The home sits on a 0.2245-acre lot in Irving, Texas within Dallas County. It is a turnkey option for investors in the Dallas-Fort Worth metroplex looking for a reliable rental asset with established occupancy.
With a lease in place through October 2027, the property offers a practical fit for investors seeking stable, long-dated cash flow rather than a value-add asset requiring immediate repositioning. The rehabbed interior and ongoing tenancy make it well-suited for buyers who want to own a move-in-ready rental setup and plan around the existing lease term.
The home sits on a 0.2245-acre lot in Irving, Texas within Dallas County. It is a turnkey option for investors in the Dallas-Fort Worth metroplex looking for a reliable rental asset with established occupancy.
With a lease in place through October 2027, the property offers a practical fit for investors seeking stable, long-dated cash flow rather than a value-add asset requiring immediate repositioning. The rehabbed interior and ongoing tenancy make it well-suited for buyers who want to own a move-in-ready rental setup and plan around the existing lease term.
Key Highlights
- 4‑bedroom, 2‑bath home with 2‑car garage and 1,427 sq ft of living space
- Tenant‑occupied with a lease in place through October 2027
- Interior features include an open floor plan
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.2k | $30.96 |
| − Vacancy | −$4.7k | −$3.31 |
| EGI | $39.5k | $27.65 |
| − OpEx | −$17.8k | −$12.44 |
| NOI | $21.7k | $15.21 |
1,427 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$310.0K
$271.2K – $361.7K
NOI $21,699 @ 7.0% cap · market cap 7.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$366.0K
$320.2K – $427.0K
NOI $25,618 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Fully rehabbed, tenant-occupied residence provides steady income with a lease extending through October 2027.
Where is this single family property located?
The property is located at 2536 Rutherford Irving, TX.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 4‑bedroom, 2‑bath home with 2‑car garage and 1,427 sq ft of living space; Tenant‑occupied with a lease in place through October 2027; Interior features include an open floor plan
