Turnkey Furnished
7428 Walling Lane Dallas, TX 75231
7428 Walling Lane, Dallas, TX, 75231
$755,000
For Sale
$755,000
Fully furnished duplex offered as a complete package, providing rental or short-term rental flexibility subject to local regulations.
Property Size2,679 SF
Price / SF$281.82
Days on Market59
Property Features for 7428 Walling Lane
General Information
- Standard status
- Active
- Size
- 2,679 SF
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 1963
Listing agency
Realty One Group Forward Living
(214) 280-5900
Listed by
Linnea Lavell · License #0515179
(214) 280-5900
Source
Compass
Added: May 25 Updated: Jul 21 at 10:12PM Checked: Jul 22 at 6:51AM
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 Realty One Group Forward Living
Investment Insights
Based on property information with market context.
This turnkey duplex sale includes both sides of the property at 7428 and 7430 Walling Lane, offered as a complete package with all existing furniture included. The property is presented as move-in ready, supporting income-producing use while also allowing an owner-occupant scenario where a buyer may occupy one side and rent the other.
The property is located in an established Dallas neighborhood with convenient access to major highways. It is minutes from The Shops at Park Lane and NorthPark Center, with dining options mentioned including Hudson House and Lake House Bar and Grill.
Nearby recreation includes parks, trails, and amenities around White Rock Lake, while downtown Dallas attractions and nightlife are described as a short drive away.
The property is located in an established Dallas neighborhood with convenient access to major highways. It is minutes from The Shops at Park Lane and NorthPark Center, with dining options mentioned including Hudson House and Lake House Bar and Grill.
Nearby recreation includes parks, trails, and amenities around White Rock Lake, while downtown Dallas attractions and nightlife are described as a short drive away.
Key Highlights
- 2‑unit brick duplex on Walling Lane in Dallas (7428 & 7430 Walling Lane)
- Fully furnished duplex sold as a complete package, with existing furniture included
- Central air and central heating, plus gas fireplace(s)
Local Financial Insights For Multifamily LT 5
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 | $74.9k | $27.96 |
| − Vacancy | −$7.6k | −$2.84 |
| EGI | $67.3k | $25.12 |
| − OpEx | −$20.2k | −$7.54 |
| NOI | $47.1k | $17.58 |
2,679 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$672.9K
$588.8K – $785.1K
NOI $47,106 @ 7.0% cap · market cap 6.24%
Second Best
Apartment 5plus
$582.0K
$509.2K – $679.0K
NOI $40,737 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$3.21M
$2.81M – $3.75M
NOI $225,021 @ 7.0% cap · market cap 29.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Fully furnished duplex offered as a complete package, providing rental or short-term rental flexibility subject to local regulations.
Where is this duplex located?
The property is located at 7428 Walling Lane Dallas, TX.
What is the asking price?
The asking price for this property is $755,000.
What are key features of this property?
This property features: 2‑unit brick duplex on Walling Lane in Dallas (7428 & 7430 Walling Lane); Fully furnished duplex sold as a complete package, with existing furniture included; Central air and central heating, plus gas fireplace(s)
