301 Rolston Rd, Irving, TX 75060-2400
- Apartment buildings
- 28,208 SF
- 1.79 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 301 Rolston Rd
- Year built
- 1971
- Construction
- FRAME
- Lot size
- 1.79 lot acres
- Zone code
- Z393
- Property type
- Apartment buildings
- APN
- 32608500000330000
- APU
- 32608500000330000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 14, 2015 | — | 3gsi Investments LLC | Irving Court Apartments LLC | Venders Lien | $1M · Washington Federal |
| May 17, 2013 | — | Irving Court Apartments LLC | Man Tara LLC | Warranty Deed | $750k · Wells Fargo Bank NA |
| Jun 24, 2009 | — | Man Tara LLC | Marsalis 60 | Grant Deed | $543k · Synergy Bank Ssb |
| Jun 16, 2000 | — | Texas Family Mortgage INC | Irving Court Townhomes INC | Grant Deed · related | — |
| Mar 3, 1997 | — | Irving Court Townhomes INC | Chambers,stanley E | Grant Deed · related | — |
| — | — | 3gsi Investments LLC | — | Deed Of Trust · related | $2.8M · Hunt Mtg Ptrs LLC |
Description
This exceptional 32-unit multifamily investment property, located in Irving, Texas, presents a compelling opportunity. The property comprises eight two-story buildings, each housing four two-bedroom townhomes, totaling 28,000 square feet of rentable space. Recently renovated in 2023, the units boast modern upgrades including vinyl flooring, black appliances, quartz countertops, updated cabinetry, and designer tile in bathrooms and showers. All but three units have been completed. The property features 84 parking spaces and sits on a 0.64-acre lot. Its strategic location offers easy access to major DFW highways (I-30, Loop 12, TX-183, and the George Bush Turnpike), DFW Airport (10-minute drive), and numerous amenities including grocery stores, restaurants, schools, and parks. The property's 91% occupancy rate reflects its strong appeal to renters. A concrete slab remains from a previously demolished building, presenting an opportunity to add a new fourplex or develop an amenity. The property benefits from copper wiring and PEX plumbing, with individual HVAC and water heaters in each unit. This stabilized, cash-flowing asset offers significant potential for increased revenue through the completion of renovations in the remaining three units. The property is zoned MFR. This is a rare opportunity to acquire a well-maintained, high-demand multifamily property in a prime location.
Value Estimations
-
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $1,940,000 Current use
- WAREHOUSE, STORAGE
- $1,895,000 Change: -2% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Irving
- County
- Dallas
- State
- Texas
- Longitude
- -96.9741
- Latitude
- 32.8113
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
