301 Rolston Rd Irving, TX 75060-2400

Property Details for 301 Rolston Rd

Year built

1971

Construction

FRAME

Lot size

1.79 lot acres

Property size

28,208 SF

Zone code

Z393

Property type

Apartment buildings

APN

32608500000330000

APU

32608500000330000

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.

Location Insight

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

Property Tax & Assessments