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Tenant-Occupied Duplex Income Property
For Sale
$685,000

7476 Walling Lane, Dallas, TX 75231

Full duplex with two 2-bedroom, 2-bath units and a detached backyard garage providing off-street parking.

Property SizeContact for details
Days on Market24

Property Features for 7476 Walling Lane

General Information

Standard status Active
Property subtype Duplex
Occupancy 100%

Additional Details

Highway Access Yes
Multifamily Units 2

Building Details

Year Built 1963
Tenancy Multi
Listing Agency: Hart of Texas
Listed By: Rene Jensen · License #0720823
Source: Lonestarluxuryrealty
Added: Jul 20 Changed: Aug 11 Last Checked: Aug 12 at 5:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hart of Texas

Investment Insights

Based on property information with market context.

This full duplex offers two separate 2-bedroom, 2-bath units. One unit is described as renovated and includes Samsung kitchen appliances and smart lock and thermostat/security features. The other unit is described as well maintained, clean, and comfortable, though not renovated.

A detached garage in the backyard provides convenient off-street parking and additional storage. Both units are currently tenant occupied, and the seller notes that no showings will be permitted until an accepted offer is in place to respect tenants’ privacy.

The property is located in Dallas with quick access to US-75 Central Expressway and I-635, placing it minutes from NorthPark Center and major medical destinations including Medical City Dallas Hospital and Texas Health Presbyterian Hospital Dallas.

Key Highlights

  • Full duplex built in 1963 with two tenant‑occupied 2‑bedroom, 2‑bath units
  • Unit 7476 leased for $2,150/month and renovated with Samsung kitchen appliances plus smart lock and smart thermostat/security system
  • Unit 7478 leased for $1,850/month to a long‑term tenant and kept in clean, comfortable condition (not renovated)

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store HVAC Service Building Supply Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

375
Businesses Nearby

Demographics for 75231, TX

40,754
Population
21,412
Households
1.9
Avg Household Size
32
Median Age
39%
College-Educated
82%
High-School Grad
5.5 sq mi
ZIP Area
7,410
Density / Sq Mi
$54,884
Median Household Income
$40,100
Median Earnings
$1,220
Median Rent
$466,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Full duplex with two 2-bedroom, 2-bath units and a detached backyard garage providing off-street parking.
Where is this duplex located?
The property is located at 7476 Walling Lane Dallas, TX.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: Full duplex built in 1963 with two tenant‑occupied 2‑bedroom, 2‑bath units; Unit 7476 leased for $2,150/month and renovated with Samsung kitchen appliances plus smart lock and smart thermostat/security system; Unit 7478 leased for $1,850/month to a long‑term tenant and kept in clean, comfortable condition (not renovated)
More about this property
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