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    Apartment Community with Pool Title is generated by Realmo AI

    7963 Villa Cliff Dr, Dallas, TX 75228

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    229-unit community with individual HVACs and multiple outdoor amenities, positioned for stabilization in a high-rental demand area.

    Type:Multifamily
    Lot size:
    11.68 Acres
    Added:
    Jun 5, 2026
    Days on Market:
    11
    Last Refresh:
    Jun 7 at 1:46 am

    Property Features for 7963 Villa Cliff Dr

    General Information

    Standard status
    Active
    Lot size
    11.68 Acres
    Property subtype
    Multifamily

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    Listing Contact
    Ford Braly

    Listing agent Ford Braly License #License(s): TX: 632146

    Listing office Fort Worth Office

    Listing date Jun 5, 2026

    Source Marcusmillichap

    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 Fort Worth Office

    HighLights

    • 229‑unit apartment community on 11.68 acres in Dallas, built in 1964 & 1966
    • 23 buildings with brick veneer and hardie siding on concrete slab and pier & beam foundations
    • Pitched roofs replaced in 2020; individually metered for electric and heated/cooled by individual HVACs
    • Unit mix includes large average 870 SF units, with 60% two- and three‑bedroom floorplans
    • Outdoor amenities include a soccer field, large outdoor grill area, pool, and hammock garden
    • TDHCA LURA expires December 22, 2027; property is all‑bills‑paid with water not under a RUBS program

    Overview

    Villas del Tesoro is a 229-unit apartment community comprised of 23 buildings, built in 1964 and 1966. The property features brick veneer and hardie siding over concrete slab and pier & beam foundations. Roofs with pitched design were replaced in 2020. Units are individually metered for electric and heated and cooled by individual HVAC systems. Community amenities include a pool, a soccer field, a large outdoor grill area, and a hammock garden, all set on 11.68 acres.

    The community is located on a major thoroughfare near White Rock Lake and provides easy access to Interstate-30, Loop 12, and Interstate-635. A planned homebuilder community by David Weekley Homes, The Grove at White Rock Hills, is directly across the street, with homes completed in 2022.

    This property is being offered through Chapter 11 Bankruptcy Proceedings. Current operations are distressed, with 43% occupancy compared to a 90% average for the submarket, and the asset is experiencing water leaks that are described as containable through plumbing repairs. The property is identified as all-bills-paid and does not currently include a RUBS program for water. The community is also subject to a TDHCA LURA expiring December 22, 2027, which creates a defined time horizon for an investor’s repositioning and stabilization approach.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.7166784
    Latitude
    32.8023675

    FAQs

    What type of property is this?
    Apartment building - 229-unit community with individual HVACs and multiple outdoor amenities, positioned for stabilization in a high-rental demand area.
    Where is this apartment building located?
    The property is located at 7963 Villa Cliff Dr Dallas, TX.
    What are key features of this property?
    This property features: 229‑unit apartment community on 11.68 acres in Dallas, built in 1964 & 1966; 23 buildings with brick veneer and hardie siding on concrete slab and pier & beam foundations; Pitched roofs replaced in 2020; individually metered for electric and heated/cooled by individual HVACs
    More about this property
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