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Property Description
Discover a prime Dallas duplex opportunity-live in one and rent the other or invest in both! Nestled on a serene 0.35-acre corner lot with no HOA, this beautifully updated traditional-style duplex offers flexibility, charm, and serious income potential. Each unit features 2 bedrooms and 2 baths with a Jack and Jill layout, giving each bedroom private vanity space and separation-ideal for roommates or families. The open floorplans include two living areas, wood-burning fireplaces, and rich wood floors. Kitchens are equipped with granite countertops, gas stoves, dishwashers, and refrigerators. An added bonus? A detached studio with full bath (~240 sqft)-perfect for guests, a home office, or short-term rental income. This room was built by a previous owner and is not included in the officially recorded square footage (2,799 sqft per tax records). This space is considered a bonus for the future buyer-perfect for guests, in-laws, or potential rental income. Recent upgrades include electrical and HVAC (2018), water heaters (2020), and a roof with chimney caps (2018). The pier and beam foundation is in great shape. Outdoors, enjoy a spacious backyard, 8-ft cedar privacy fence, a covered patio, and deck for entertaining, all framed by mature Magnolia and Chinquapin Oak trees. The sprinkler system has its own meter, and there's plenty of parking with a 4-car detached garage. Centrally located just minutes from White Rock Lake, NorthPark Mall, Sam's Club, Home Depot, and Super Target-plus abundant local shops and restaurants. Easy access to Preston Hollow, Highland Park, and just 20 minutes to Downtown Dallas. Whether you're an investor, multi-generational household, or buyer seeking mortgage-offsetting income, this home checks every box. Schedule your private showing today-this is one duplex opportunity you don't want to miss!
Full Property Details
Full Property Details for 7338 Walling Ln
General
- Taxes: $14,641
- Status: Closed
- Type: Duplex
- Source: NTREIS
- MLS ID: 20995487
- Added to Site: 195 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, Granite Counters, High Speed Internet, Cable TV
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Gas
- Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 2
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Deck, Patio, Balcony, Covered
Parking
- Garage: Yes
- Total Spaces: 4
- Parking Features: Alley Access, Door-Single, Garage, Garage Door Opener, Garage Faces Rear
Location
- County: Dallas
- Subdivision: Walling-Northwest Add
- Driving Directions: From US-75 (Central Expressway): Exit Northwest Highway (TX-12) and head east. Turn left onto Walling Lane. Property is on the right at the corner of Walling Ln and Fernheath Ln.
School Information
- Elem School District: Dallas ISD
- Midd School District: Dallas ISD
- High School District: Dallas ISD
- Elementary School: Hotchkiss
- Middle School: Sam Tasby
- High School: Conrad
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric, Window Unit(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Electricity Available, Electricity Connected, Sewer Available, Water Available, Cable Available
Structural Information
- # Buildings: 3
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 2,799
- Sq. Ft. Source: Public Records
- Year Built: 1963
Lot Features
- Lot Size (Acres): 0.35
- Lot Size (Sq. Ft.): 15,246
- Fencing (Description): Back Yard, High Fence, Wood
Financial Considerations
- Tax Amount: $14,641
Disclosures and Reports
- Legal Description: WALLING-NORTHWEST BLK 3/5440 LOT 1 DUPLEX
- Exclusions: Staging furniture and washer/dryer in Unit 7340 are excluded from the sale. Washer and dryer are negotiable with acceptable offer.
- Disclosures/Rstr.: Accessory Dwelling Unit
- Property ID: 544000030010000
- Block: 35440
- Lot Number: 1
Listed by eXp Realty LLC, Maria Rocha and eXp Realty LLC, Charlie Bui
Sold by Compass RE Texas, LLC, Heather Guild
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Schools
Schools serving 7338 Walling Ln
School District:Dallas Independent School District
| Name | Grades | Distance |
|---|---|---|
L L Hotchkiss Elementary School 6929 Town North Drive, Dallas, TX 75231 | K-8 | 0.5 mi |
Sam Tasby Middle School 7001 Fair Oaks Avenue, Dallas, TX 75231 | 6-8 | 1.8 mi |
Emmett J Conrad High School 7502 Fair Oaks Avenue, Dallas, TX 75231 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
7338 Walling Lane, Dallas, TX 75231 (MLS# 20995487) is a Duplex property that was sold on September 08, 2025. Want to learn more about 7338 Walling Lane? Do you have questions about finding other Duplex real estate for sale in Dallas? You can browse all Dallas real estate or contact a Coldwell Banker agent to request more information.

