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.
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Listing Snapshot
Price
$1,999,999
Days On Site
48 Days
Bedrooms
20
Inside Area (SqFt)
10,088 sqft
Total Baths
12
Full Baths
10
Partial Baths
2
Lot Size
0.884 Acres
Year Built
1972
MLS® Number
21031053
Status
Active
Property Tax
$37,106
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
2 months ago
Listing updated with changes from the MLS®
2 months ago
Listing first seen on site
General Features
Acres
0.884
Foundation
Slab
Levels
Two
Parking
Additional ParkingGarageOther
Property Sub Type
Multi Family
Security
Smoke Detector(s)
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
10088
Utilities
Cable Available
Water Source
Public
Interior Features
Appliances
DishwasherDisposalVented Exhaust Fan
Cooling
Ceiling Fan(s)Central AirElectric
Flooring
Other
Heating
Exhaust FanCentralElectric
Interior
Built-in Features
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Exterior Features
Construction Details
Brick
Roof
Asphalt
Community Features
Financing Terms Available
CashConventional
School District
Irving ISD
Schools
School District
Irving ISD
Elementary School
Haleyj
Middle School
Bowie
High School
Nimitz
Listing courtesy of Diane Carpenter of 24:15 Realty diane@2415realty.com
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