7476 Walling Ln, Dallas, TX 75231

$685,000
: 4
BD
: 4
BA

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List Price: $685,000
MLS#: 21333088
Status: ACTIVE
Type: Multifamily
Subtype: ResidentialIncome
Year Built: 1963
Construction Status: Preowned
Bedrooms: 4
Full Baths: 4
Acres: 0.21
County: Dallas
City: Dallas
Subdivision: Walling-Northwest
Building Name: Walling-Northwest

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Property Description

Rare FHA Assumable Loan at Just 5.75%! Don't miss this exceptional opportunity to assume an FHA loan with a 5.75% fixed interest rate on a 30-year term, offering tremendous value in today's financing environment for this full duplex. This updated duplex features two spacious 2-bedroom, 2-bathroom units, making it an excellent opportunity for both owner-occupants and investors. A detached garage in the backyard provides convenient off-street parking and additional storage. Unit 7476 has been beautifully renovated and features Samsung kitchen appliances, a smart lock, and a smart thermostat and security system for added convenience and modern living. The unit is currently leased for $2,150 per month, providing reliable rental income from day one. Unit 7478 has been exceptionally well maintained and is in great condition. While it has not been renovated, it offers a clean and comfortable living space and is currently leased for $1,850 per month to a long-term tenant, providing stable and dependable income. Ideally located in the heart of Dallas, this property offers quick access to US-75 Central Expressway and I-635, making commuting throughout the Metroplex a breeze. Residents are just minutes from NorthPark Center, Medical City Dallas Hospital, Texas Health Presbyterian Hospital Dallas, White Rock Lake, and an abundance of shopping, dining, parks, and entertainment options. Its central location also provides convenient access to major employment centers, making this a highly desirable place to live. Both units are tenant occupied. Please respect the tenants' privacy. No showings will be permitted until an accepted offer is in place.

(214) 957-2001

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