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7422-7424 Walling Lane

Dallas, TX 75231

$665,000

2 units · 1964

Units2
Building area2,696 sq ft
Year built1964
Gross income$58,800/yr
Cap rate5.09% as listed
Parking2 spaces
Lot size0.214 acres
TypeDuplex

What it costs to own

TaxesNot provided by the listing
HOANone listed
Operating expenses$24,922 per year — as listed
Insurance$4,922 per year — as listed
Net operating income$33,878 per year — as listed

About this home

This Property is also listed under Residential MLS # 21313851. FULL DUPLEX FOR SALE! Don't miss the chance to own both sides of this turnkey investment opportunity offering instant income. Unit 7422 & 7424 each have 2-bedrooms and 2-full bathrooms for a total of 4 bedrooms and 4 bathrooms. This beautiful property has a spacious formal living room, formal dining room, a cozy den with a fireplace and built-in shelves in each unit. Both units have upgraded backsplash and a large breakfast bar that set the ambiance for a beautiful and convenient eat-in kitchen. Appliances include; refrigerator, microwave, stovetop, oven, dishwasher, with stackable dryer and washing machine. The laminate floors are easy to clean and creates a cohesive flow throughout the units. Bedrooms have walk-in closets with built-ins and fenced backyards with nice sized private patios. Unit # 7422 has a covered patio and private driveway in the back with an electric retractable fence. Unit #7424 has a separate private patio and private yard. Each unit is assigned one side of the 2-car garage. Tenant occupied. 48 hours notice required for showing. Contact listing agent for additional information. Walking distance to White Rock Lake and Dart Rail Station.

The details

HeatingCentral, Fireplace(s), Natural Gas
CoolingCentral Air
FlooringLaminate, Wood
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer
Interior featuresBuilt-in Features, Cable TV Available, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available, Open Floorplan, Walk-In Closet(s)
Fireplace2 · Brick, Den, Gas

Construction materialsBrick
RoofShingle
FoundationSlab

Lot featuresLandscaped
FencingBack Yard, Fenced, High Fence, Privacy, Wood
Water sourceCity Water, Individual Water Meter
SewerCity Sewer
ElectricElectricity Available
UtilitiesAlley, Cable Available, Individual Gas Meter, Natural Gas Available, Phone Available

SubdivisionWalling-Northwest

ElementaryHotchkiss
Middle schoolTasby
High schoolConrad
DistrictDallas ISD

Gross income$58,800 per year
Operating expenses$24,922 per year
Operating includesGardener, Insurance, Maintenance, Pest Control, Vacancy Allowance
Insurance$4,922 per year
Cap rate5.09% — as listed
Net operating income$33,878 per year

Energy featuresLighting

MLS #21313474
Source
Price changeReduced by $30,000 · Oct 12, 2026
On the market109 days
CountyDallas

Around this home

One moment…

Everyday life

Nearest groceryFiesta · 0.8 mi
Nearest parkOlive Shapiro Park · 0.5 mi

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Listing courtesy of Fathom Realty LLC — Lynetta Noel.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21313474. Information last updated October 12, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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