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Garden-Style Apartment Community
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3130 Springwood Ln, Dallas, TX 75233

Garden-style, six-building apartment complex with on-site laundry, management, and individual HVAC units.

Property SizeContact for details
Days on Market123

Property Features for 3130 Springwood Ln

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Onyx Legacy Group
Listed By: Mark Allen CCIM · License #TX 589645
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 9:32AM

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 Onyx Legacy Group

Investment Insights

Based on property information with market context.

Agave Azul on Boulder is a 66-unit, six-building, garden-style apartment community built in 1965. The property features pitched roofs with long-lasting brick and wood construction. Units have reportedly received substantial upgrades, including new carpet and faux wood-style vinyl and ceramic tile flooring. Each unit includes a pantry and walk-in closets, and the community has on-site laundry and on-site management. There is also a recently updated asphalt parking lot, new perimeter fencing, and the property is bordered by tall trees and shrubs.

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

Agave Azul on Boulder Apartment Complex

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply HVAC Service Kitchen & Bath Showroom Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

195
Businesses Nearby

Demographics for 75233, TX

15,104
Population
4,970
Households
3
Avg Household Size
33
Median Age
20%
College-Educated
71%
High-School Grad
3.6 sq mi
ZIP Area
4,196
Density / Sq Mi
$54,635
Median Household Income
$34,816
Median Earnings
$1,292
Median Rent
$249,500
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?
Apartment building - Garden-style, six-building apartment complex with on-site laundry, management, and individual HVAC units.
Where is this apartment building located?
The property is located at 3130 Springwood Ln Dallas, TX.
What are key features of this property?
This property features: 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.
More about this property
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