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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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3209 Norwalk Ave , Dallas, TX 75220
$825,000
Est. Payment: $4,247.46/mo
8 Bed
8 Bath
5136 Sqft
Status: active | Days on site: 144
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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.

Highlights

Listed by Porfirio Segovia , Creative Real Estate Solutions LLC. , North Texas Real Estate Information Systems

Property Type

Multi-Family

Lot/Acreage
0.18

Year Built

1982

County

Dallas

Neighborhood

Marshall Ter Add

School District

Dallas ISD

Listing ID

21227705

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:8
  • Full Bathrooms:8
Appliances:Electric Oven, Electric Range, Microwave, Refrigerator
Air Cond:Ceiling Fan(s),Central Air
Fireplaces:
Floor:Ceramic Tile,Laminate,Vinyl
Other:
  • Additional:Cable TV Available

Exterior Features

Garage Capacity:12
Roof:Composition,Shingle
Others:
  • Additional:Preowned
Parking Features:Parking Lot,Paved
Principal Interest
$4,247
Taxes
$1,505

Home Price

$825,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$165,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,247.46

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,247.46 $1,504.50 $0.00 $5,751.96
Yearly $50,969.50 $18,054.00 $0.00 $69,023.50
Total $1,529,084.98 $541,620.00 $0.00 $2,070,704.98

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Dallas, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T21:21:41.390Z

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