Contacts
GREA
GREA
Property Details
- Property Type Other
- Property Size 44,383 SF
- Units 71
- Date Updated Aug 22, 2025
Villa Encanto presents investors with the chance to acquire a 71-unit, recently upgraded multifamily asset in Dallas’s high-demand Northwest submarket—an area that has seen market rents climb roughly 43% over the past five years due to strong demand and limited new supply. Since 2020, more than $660,000 in capital improvements have been invested into the property, including interior renovations, AC replacements, exterior enhancements, and gated access. The diverse unit mix, ranging from studios to three-bedrooms—many with private patios and fireplaces—caters to a wide renter demographic and supports consistently high retention.
Strategically located with access to over 300,000 jobs within a 10-minute drive, Villa Encanto benefits from the Northwest submarket’s infill characteristics, which limit new construction and protect against oversupply risk. Historical Class C occupancy has held above 90% even in slower markets, and Villa Encanto’s current occupancy sits at 95.1%. With stable in-place income, multiple value-add opportunities, and a proven history of rent growth, the asset is positioned to generate strong near-term cash flow while offering substantial long-term appreciation potential in one of Dallas’s most resilient rental markets.
Reach out to the broker for more info on lease terms and amenities
Highlights
- $153/unit rent gap compared to submarket Class C average ($1.26/SF)
- $660K+ recent capital improvements with proven rent growth trajectory
- 5-year rent growth of ~43% in the submarket supports continued revenue potential
- 71 units / 44,383 SF on 1.57 acres low-density infill property
- Ancillary income upside from covered parking, package lockers, and amenity upgrades
- High historical occupancy averaging 95% over the past 6 months
- Offered free and clear of the existing debt
- Prime location minutes from major job centers and transit access
Getting around
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Walk Score ®
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Location
- City Dallas, TX
- Neighborhood Walnut Hill Estates
- Zip Code 75220
- Market Dallas Fort Worth
Points of Interest
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Bachman
0.43 miles
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Burbank
1.40 miles
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Walnut Hill/Denton
1.61 miles
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University of Dallas
2.41 miles
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Royal Lane
2.62 miles
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600 Las Colinas Boulevard
3.14 miles
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Tower 909
3.54 miles
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Inwood/Love Field
3.57 miles
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Bell Tower
3.77 miles
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Southwestern Medical District/Parkland
4.02 miles
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7-Eleven
0.15 miles
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RaceTrac
0.19 miles
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Fox Fuels
0.28 miles
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Mobil
0.34 miles
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Exxon
0.67 miles
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Valero
0.68 miles
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Fox
0.74 miles
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Tesla Destination Charger
2.83 miles
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801 LasCo
3.19 miles
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Lakeside Urban Center
3.34 miles
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Valet Parking
1.96 miles
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Parking Garage C
1.98 miles
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Wildwood Trailhead
2.35 miles
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The Parking Spot 1
2.62 miles
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California Crossing Trailhead
2.78 miles
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The Parking Spot 2
2.80 miles
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Chase Bank parking
2.94 miles
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Visitor Parking
3.00 miles
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Visitor Garage B
3.06 miles
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Garage C
3.11 miles
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Anchor Motel
0.35 miles
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BEST WESTERN Northwest Inn
0.55 miles
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Motel 6 Dallas Northwest
0.62 miles
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Baymont Inn & Suites Dallas Love Field
0.64 miles
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Studio 6 Dallas- Tx - Northwest
0.66 miles
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Super 8
0.73 miles
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Days Inn
0.75 miles
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SpringHill Suites Dallas NW Highway at Stemmons/I-35E
0.79 miles
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MCM Elegante Hotel and Suites
0.89 miles
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Holiday Inn Express Hotel & Suites Dallas/Stemmons Fwy(I-35 E)
0.92 miles
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Fiesta Mart
0.75 miles
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Fiesta
0.75 miles
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La Azteca Meat Market
1.04 miles
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Walmart Supercenter
1.09 miles
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Harry Hines Baazar
1.09 miles
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Target
1.26 miles
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El Rancho
1.93 miles
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Central Market
2.32 miles
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El Rio Grande
2.57 miles
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Ko Mart
2.90 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.