7476 Walling Lane

Dallas, TX 75231
$685,000
4 beds
4 baths

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.

Property Type: Multifamily - Duplex
MLS Status: Active Under Contract
MLS: 21333088
Year Built: 1963
County: Dallas
Tract or Division: Walling-Northwest
List Date: 07/18/2026
Area:
Square Feet:
Total Beds: 4
Full Baths: 4
Half Baths: 0
Acres: 0.21
Lot Size (sqft): 9,322

800.451.8055

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Interior Features

 
Appliances:
  • Dryer
  • Dishwasher
  • Refrigerator
  • Washer

Additional Property Details

 
Listing Agent: Nick Premer
Broker: Hart of Texas
Listed by: Nick Premer, Hart of Texas
Phone: 949.554.3489

Location

Schools

School Name Grades Admission
L.L. Hotchkiss Elementary School EE - 8 Regular
Sam Tasby Middle School 6 - 8 Regular
Emmett J. Conrad High School 9 - 12 Regular
3 Schools

*All school information should be verified by local Independent School District.

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* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.

The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

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