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$879,000
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Property 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.
Full Property Details
Full Property Details for 3209 Norwalk Ave
General
- Price: $879,000
- Taxes: $18,054
- Status: Active
- Type: Apartment
- Source: NTREIS
- MLS ID: 21227705
- Updated: 4/3/2026
- Added to Site: 60 day(s) ago
Interior
- Interior Features: Cable TV
- Appliances: Electric Oven, Electric Range, Microwave, Refrigerator
- Flooring: Ceramic Tile, Laminate, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Bedrooms
- Total Bedrooms: 8
Parking
- Total Spaces: 12
- Parking Features: Paved, Parking Lot
Location
- County: Dallas
- Subdivision: Marshall Ter Add
- Driving Directions: GPS
School Information
- Elem School District: Dallas ISD
- Midd School District: Dallas ISD
- High School District: Dallas ISD
- Elementary School: Foster
- Middle School: Cary
- High School: Jefferson
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Water Available, Cable Available
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Brick, Frame, Wood Siding
- Roof: Composition, Shingle
- Stories/Levels: 2
- Square Feet: 5,136
- Sq. Ft. Source: Assessor
- Year Built: 1982
Lot Features
- Lot Size (Acres): 0.182
- Lot Size (Sq. Ft.): 7,927.92
Financial Considerations
- Tax Amount: $18,054
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: MARSHALL TERRACE BLK D/5775 LT 29
- Property ID: 431632000000
- Block: D/577
- Lot Number: 29
Listed by Creative Real Estate Solutions LLC., Porfirio Segovia
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Schools
Schools serving 3209 Norwalk Ave
School District:Dallas Independent School District
| Name | Grades | Distance |
|---|---|---|
Stephen C Foster Elementary School 3700 Clover Lane, Dallas, TX 75220 | K-6 | 1 mi |
Francisco Medrano Middle School 9815 Brockbank Drive, Dallas, TX 75220 | 7-8 | 0.9 mi |
Thomas Jefferson High School 4001 Walnut Hill Lane, Dallas, TX 75229 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3209 Norwalk Ave
Date
Details
Price
Change
Source
4/02/2026
Listed
$879,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3209 Norwalk Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$16,071
-3%
$810,800
13%
2024
$16,501
20%
$719,050
-6%
2023
$13,726
—
$763,870
28%
2021
$13,726
-1%
$595,000
13%
2021
$13,929
-1%
$528,000
2%
2020
$14,107
10%
$520,000
11%
2019
$12,842
-4%
$469,770
—
2018
$13,366
37%
$469,770
31%
2017
$9,741
16%
$358,240
17%
2016
$8,362
30%
$307,500
31%
2015
$6,425
7%
$234,330
7%
2014
$6,013
24%
$220,000
24%
2013
$4,850
—
$178,130
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3209 Norwalk Ave
3209 Norwalk Avenue, Dallas, TX 75220 (MLS# 21227705) is a Apartment property with 8 bedrooms and 8 full bathrooms. 3209 Norwalk Avenue is currently listed for $879,000 and was received on April 02, 2026. Want to learn more about 3209 Norwalk Avenue? Do you have questions about finding other Apartment real estate for sale in Dallas? You can browse all Dallas real estate or contact a Coldwell Banker agent to request more information.

