3130 Springwood Ln, Dallas, TX 75233
Garden-style, six-building apartment complex with on-site laundry, management, and individual HVAC units.
Property Features for 3130 Springwood Ln
General Information
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Investment Insights
Based on property information with market context.
The community is located near the intersection of West Kiest Boulevard and South Westmoreland Road in an established neighborhood of Dallas. It is close to retail shopping and multiple parks, and it is less than three miles from Interstate-35 and US 67.
The apartment mix includes four family-friendly floor plans ranging from 700 to 1,250 square feet. Individual HVAC systems are in place, with cost-effective energy efficient window units in select units. The property has previously operated under deed restrictions requiring one tenant per lease to be at least 55; a Special Use Permit has allowed tenants of all ages and is required to be updated every five years. Present management has passed through water and trash expenses to tenants, and electric expenses are being moderately passed through as leases renew or new tenants come online.
Key Highlights
- 66‑unit, garden‑style, six‑building apartment complex in Dallas, TX near W Kiest Blvd and S Westmoreland Rd.
- Built in 1965 with long‑lasting brick and wood construction and pitched roofs.
- More than 62,000 rentable SF on 130,000+ SF (about 3.0 acres) of land; average unit size 1,013 SF with 700 to 1,250 SF floor plans.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 75233, TX
Market
Vacancy Rate% for Multifamily in South region