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3209 Norwalk Avenue

Dallas, TX 75220 · View on map ↓

8Beds
8Baths
↓ $54,000 · Aug 12, 2026
$825,000
MLS# 21227705

Overview

8 / 8
Bed / Bath / Gar
—
Sq Ft
1982
Year Built
0.182 acres
Lot Size
213
CDOM
Apartment
Type

Description

This prime 8-unit multi-family asset offers a streamlined, low-maintenance entry into the high-growth Northwest Dallas rental market. The property features a uniform mix of 1-bedroom, 1-bathroom units, all of which have been recently enhanced with fresh paint and durable vinyl flooring, significantly reducing immediate capital expenditure and allowing a new owner to focus on operations rather than renovations. The investment structure is highly predictable, with all residents on 12-month leases that concurrently renew on July 1st, providing an ideal window for annual market-rate adjustments across the entire portfolio. A few units are currently available following recent turnover, this vacancy presents a strategic opportunity to capture current market premiums without the delay of lease expirations. Each unit boasts 8-foot ceilings, fully equipped kitchens, with all appliances and the high-demand convenience of in-unit washer and dryer hookups. Historically favored by professional tenants, the location provides exceptional connectivity to major regional employment engines, including Dallas Love Field Airport and the UT Southwestern Medical District. With quick access to I-35E and the Dallas North Tollway, this asset is positioned to benefit from the sustained demand for housing in one of the city’s most rapidly appreciating zip codes. Full financials and utility records are available for review upon request.

Mortgage Calculator

20% · $165,000
0%50%
Principal & Interest$4,172(69%)
Property Tax$1,505(25%)
Homeowner's Insurance (est.)$344(6%)
Est. Monthly Payment$6,020/mo
Est. Monthly$6,020

Estimate only — contact a lender for actual rates and terms.

Appliances
Electric Oven, Electric Range, Microwave, Refrigerator
Interior Features
Cable Tv
Flooring
Ceramic Tile, Laminate, Vinyl
Heating
Central
Cooling
Central Air, Ceiling Fans
Utilities
Electricity Available, Natural Gas Available, Sewer Available, Water Available, Cable Available
Construction
Brick, Frame, Wood Siding
Roof
Composition, Shingle
Foundation
Slab
Pool
None
Levels
Two
Stories
2

Schools

Elementary
Foster (Dallas ISD)
Middle
Cary (Dallas ISD)
High
Jefferson (Dallas ISD)

Price & Status History

DateEventPrice
8/12/2026Price change
Source: NTREIS #21227705
$825,000
5/20/2026Listed for sale
Source: NTREIS #21227705
$879,000

Nearby Properties

Listed by Porfirio Segovia · Lion Drive Realty
Source: NTREIS · MLS#: 21227705

Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of NTREIS. Real estate listings held by brokerage firms other than Sirka.com are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

© 2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.

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