NewHigh yieldStabilized
$1,625,000
38-Unit Multifamily in Irving, TX
Dallas County, TX · listed Oct 21, 2026 (8 days)
Price per unit compared
This property$43K
Within ~40 mi (139)$140K
Texas median (1,047)$100K
- $/unit
- $42,763
- ▼ 57% vs TX · 3rd pct
- Cap rate
- 8.5%
- ▲ 1.2 pts vs TX median
- NOI
- $138K
- $3,636/unit/yr
- Units
- 38
- 4 bldg · 1985
Financials
- Asking price
- $1,625,000
- Price per unit
- $42,763
- Price per sq ft
- $60
- Gross rent / year
- Not stated
- Net operating income
- $138,180
- NOI per unit
- $3,636
- Cap rate
- 8.5%
- Gross yield
- Not stated
- Occupancy
- 97%
As stated by the seller. Verify during due diligence.
Building
- Units
- 38
- Unit mix
- Not stated
- Buildings
- 4
- Year built
- 1985
- Building size
- 27,150 sq ft
- Avg unit size
- 714 sq ft
- Lot size
- 1.54 acres
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 21, 2026
- Days on market
- 8 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 2246
About this property
Garden Style apartment – 38 units - (address on request), Irving, TX 75060
(address on request), Irving, Dallas, TX 75060
Highlights
- Garden Style apartment – 38 units - (address on request), Irving, TX 75060
- Asking price is $ 1,625,000
- Cap rate: 8.5% NOI: $ 138,180
- Building size: 27,150 sq. ft.
- Lot size; 1.54 acres
- Year Built: 1985
- 97% occupancy rate
- 16 of 2 bedrooms + 2 bathrooms (appx 827 sq. ft. each)
- 22 of 1 bedroom + 1 bathroom (appx 628 sq. ft. each)
- 4 separate buildings -2 floors
- Individual electricity meters
- Brand new roof of $ 60,000 was installed in October, 2014.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Irving, TXNewStabilized | $900K | $113K$113K | 6% |
 Houston, TXRenovated 22-Unit Houston Multifamily with Lease-Up UpsideExclusiveHigh yieldValue-add | $2M | $91K$91K | 7.3% |
 Irving, TXNewValue-add | $1.08M | $90K$90K | — |
| Irving, TX NewValue-add | $1.05M | $131K$131K | — |
| Irving, TX NewValue-add | $1.05M | $131K$131K | — |
| Irving, TX NewValue-add | $1.05M | $131K$131K | — |