Listed by Diane Carpenter of 24fifteen Realty (972-942-0222)
Welcome to Elm Road Apartments, a well-established community in the heart of the Metroplex featuring five one-story buildings with a total of ten rental units and 13,500 combined square feet. Each unit includes its own private yard and dedicated parking with one to three spaces, offering convenience and comfort for tenants. Recent updates include new roofs completed in June 2025 on Units 1-6 along 7th Street, with two additional roof replacements already in the planning phase. Listed with the City of Irving as Elm Road Apartments, the property is maintained under a single tax filing and designed as one cohesive neighborhood. With its prime Irving location, strong tenant appeal, 13.5 NOI, and a 4.9% cap rate, this property represents both stability and opportunity for investors.

    Property Details of 1516 W 7th Street

    Property Details

    Exterior Features

    Utilities and Appliances

    Other Details

    Map Location

    Based on information submitted to North Texas Real Estate Information Services as of June 1, 2026 12:45 AM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

    Hi there! How can we help you?

    Contact us using the form below or give us a call.

    Send Us A Message:

    I agree to receive marketing and customer service calls and text messages from Phyllis Browning Company Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe. Privacy Policy & Terms.

    Do not fill in this field:

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.