BACK ON THE MARKET AT NO FAULT OF THE SELLER! $10,000 BUYER CREDIT Inspections available. Stable income! Major capital improvements! Desirable floor plans! This fully occupied fourplex delivers the qualities investors value most, combining immediate cash flow with thoughtful ownership and significant recent improvements in one of NW Dallas' most established rental markets. Each townhome-style residence offers approx 1,600 sqft, 3 beds, 2 full baths, spacious living and dining areas, refrigerators incl w abundant storage, oversized walk-in closets, and unique floor plan that has proven attractive. Each unit includes 1 assigned covered and 1 assigned uncovered parking space for a total of 8 assigned spaces. Unit sqft is approx and should be independently verified by Buyer and Buyer's Agent. Current owner has consistently invested in preserving and improving the property, completing a foundation repair for Unit 3650 in 2023, a complete sewer line replacement in 2024, fresh interior and exterior paint, professionally updated landscaping, exterior improvements, and ongoing preventative maintenance. These completed improvements help reduce future capital expenditures while protecting the property's long-term performance. All 4 units are leased through 2027, providing stable occupancy and predictable rental income. Property generates an additional $175 per month in water, sewer and trash reimbursement income. Income, expenses, lease information, and current rental rates available in MLS reflect the property's actual operating performance. Near 35E, 635, Love Field, Downtown Dallas, and Medical District, the property offers convenient access to major retail, dining, and everyday amenities that continue to support strong tenant demand. For investors seeking an asset with established income, desirable tenant amenities, documented capital improvements, and a history of attentive ownership, this property offers an exceptional foundation for long-term portfolio growth!
Westhollow, located between Love Field Airport and Bachman Lake, is a residential and aviation-adjacent Dallas neighborhood with mid-century ranch homes and pocket greenbelts. The neighborhood’s character concentrates around the Webb Chapel Rd and Northwest Hwy intersection, where taquerias, barbershops, and locally run storefronts set a steady, everyday rhythm. Bachman Lake Park frames the western edge with a looping trail and open water views. Nearby, Frontiers of Flight Museum adds a hands-on aviation thread that fits the flight-path setting. The architecture leans brick, low-slung, and shaded by mature trees, with a street grid that stays calm off the main roads. Erratic Rock Park and the Bachman Lake Greenbelt add small-scale outdoor breaks between errands and commutes.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Eat-in kitchen
Granite counters
Pantry
Walk-in closets
High speed internet available
Window coverings
Bedrooms
12 total bedrooms
Bathrooms
8 full bathrooms
Kitchen
Dishwasher
Disposal
Electric cooktop
Electric range
Microwave
Refrigerator
Ice maker
Laundry & utility
Electric water heater
Flooring
Carpet
Ceramic tile
Luxury vinyl plank
Heating & cooling
Central heating
Electric heating
Central air conditioning
Ceiling fans
Electric cooling components
Exterior features
Alley access
Assigned parking
Off-street parking
Landscaped lot
Home design
Residential income property (quadruplex)
Two levels
Flat roof
Parking
4 covered/carport spaces
8 total parking spaces
Construction
Brick construction
Slab foundation
Built in 1969
Utilities
City water
City sewer
Electricity connected
Master water meter
HOA & community
No association
Financial info
100% occupancy
Gross annual income: $89,976
Gross annual expenses: $31,848
Insurance expense: $5,000
Net operating income: $58,128
Capitalization rate: 5.41%
Electricity and solar
View estimated energy costs and solar savings for this home
Fabulous hard to find income producing 4plex property fully rented. Rebuilt from the studs. Located in Walnut Gardens Enclave. This quiet cul de sac neighborhood is comprised of 3 streets with no thru traffic and is bordered by The Brownwood City Park. Great price for the square footage. New roof, heating and air conditioning units, hot water heaters, electrical wiring, fencing, windows, appliances, flooring and more. Beautifully updated interiors. Great investment opportunity for the 75229 zip code, close to downtown, inside the 635 LBJ loop.
Public Records
Apr 15, 2020
Sold
*
Public Records
Aug 27, 1999
Sold
*
Year
Property tax
Land + Additions
Assessment*
2025
$19,647 (−1.9%)
$180,000 + $702,340
$882,340
2024
$20,021 (+2.6%)
$180,000 + $715,780
$895,780
2023
$19,519 (−8.2%)
$180,000 + $670,580
$850,580
2022
$21,268 (−5.2%)
$180,000 + $670,580
$850,580
2021
$22,438 (+921.1%)
$180,000 + $670,580
$850,580
2020
$2,197 (−79.0%)
$80,000 + $1,000
$81,000
2019
$10,475 (+12.5%)
$80,000 + $303,200
$383,200
2018
$9,315 (+40.7%)
$65,000 + $262,380
$327,380
2017
$6,619
$65,000 + $178,420
$243,420
2016
$6,619 (+1.0%)
$65,000 + $178,420
$243,420
2015
$6,552 (+0.3%)
$65,000 + $178,420
$243,420
2014
$6,530 (+0.4%)
$65,000 + $173,970
$238,970
2013
$6,507
$65,000 + $173,970
$238,970
2012
$6,502 (−2.1%)
$65,000 + $173,970
$238,970
2011
$6,640 (−8.7%)
2010
$7,275
2009
$7,275
Public record
Public record
Permits
Beds
8
Baths
8
Stories
2
Lot width
80 ft.
Lot depth
125 ft.
Lot size
10,001 Sq. Ft.
Year renovated
1980
Finished Sq. Ft.
6,608
Unfinished Sq. Ft.
—
Total Sq. Ft.
6,608
Year built
1969
Style
Multi-Family (5+ Unit)
County
Dallas County
APN
00000586387000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 1, 2026.
Apr 26, 2025 • Final
Commercial foundation repair
Perform repairs on a foundation.
Grading
Apr 26, 2025 • Final
Commercial alteration addition
Perform repairs on a foundation.
Grading
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
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