7963 Villa Cliff Dr, Dallas, TX 75228
229-unit community with individual HVACs and multiple outdoor amenities, positioned for stabilization in a high-rental demand area.
- 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
Listing agent Ford Braly License #License(s): TX: 632146 (817) 932-6135
Listing office Fort Worth Office (817) 932-6135
Listing date Jun 5, 2026
Source Marcusmillichap
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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
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.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Collin
- State
- Texas
- Longitude
- -96.7166784
- Latitude
- 32.8023675