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10-Unit Apartment Property
For Sale
$1,850,000
Pending

1516 W 7th Street, Irving, TX 75060

ResidentialIncome, Irving, TX

Property SizeContact for details
Lot Size0.88 Acres
Days on Market75

Property Features for 1516 W 7th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 20
Bathrooms 12
Full bathrooms 10
Half bathrooms 2
Rooms Bathroom 4, Bathroom 7, Bathroom 9, Bedroom 1, Bathroom 2, Bedroom 16, Bedroom 7, Bathroom 12, Bedroom 14, Bathroom 6, Bedroom 17, Bedroom 8, Bedroom 13, Bedroom 20, Bedroom 3, Bathroom 3, Bathroom 8, Bedroom 9, Bedroom 18, Bedroom 15, Bathroom 5, Bedroom 10, Bathroom 11, Bedroom 6, Bathroom 10, Bedroom 4, Bedroom 11, Bedroom 12, Bedroom 5, Bathroom 1, Bedroom 19, Bedroom 2
Parking features Garage
Interior features BuiltInFeatures, DecorativeDesignerLightingFixtures, CableTv
Appliances Dishwasher, Disposal, VentedExhaustFan
Subdivision Irving Park Acres
Elementary school Haleyj
Middle school Bowie
High school Nimitz
Elementary school district Irving ISD
Middle school district Irving ISD
High school district Irving ISD
Directions GPS
Standard status Pending
APN 32221500000470100
Lot size 0.88 Acres

Taxes and HOA fees

Tax Description IRVING PARK ACRES LT 47 LESS ROW ACS 0.9469 C
Tax Annual Amount 37106
Legal Description IRVING PARK ACRES LT 47 LESS ROW ACS 0.9469 C

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Ceiling Fan(s), Electric, Central Air
Water source Public

Building Details

Year built 1972
Floors in Building 2
Number of units 10
Building materials Brick
Roof type Asphalt
Listing Agency: 24fifteen Realty
Listed By: Diane Carpenter · License #0789408
Added: Jul 17 Changed: Sep 15 Last Checked: Sep 29 at 1:06PM
MLS# 21231711

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 apartment property at 1516 W 7th Street in Irving includes 10 units arranged across four tenant buildings, along with an additional building designated for storage. The unit mix includes one-, two-, and three-bedroom configurations. Built in 1972, the property has brick construction, central electric heating and cooling, garage parking, asphalt roofing, and public water and sewer service.

The property occupies 0.884 acres in Dallas County. Interior features include built-in elements, decorative lighting, cable TV, dishwashers, disposals, and vented exhaust fans. The reported cap rate is 4.9%.

Key Highlights

  • 10 units with one-, two-, and three‑bedroom configurations
  • Four buildings designated for tenants plus a separate storage building
  • 0.884‑acre property at 1516 W 7th Street, Irving, TX 75060

Property Analytics

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Current Use

Apartment Apartment Building

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Furniture & Home Goods Carpet & Flooring Store

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

10
Residential units

Location Intelligence

Trade Area within ½ mile

567
Businesses Nearby

Demographics for 75060, TX

47,955
Population
15,538
Households
3.1
Avg Household Size
34
Median Age
18%
College-Educated
64%
High-School Grad
12.1 sq mi
ZIP Area
3,963
Density / Sq Mi
$69,708
Median Household Income
$35,508
Median Earnings
$1,367
Median Rent
$224,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Apartment building - Four tenant buildings are complemented by a separate storage building.
Where is this apartment building located?
The property is located at 1516 W 7th Street Irving, TX.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 10 units with one-, two-, and three‑bedroom configurations; Four buildings designated for tenants plus a separate storage building; 0.884‑acre property at 1516 W 7th Street, Irving, TX 75060
More about this property
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