Property details
About 7338 Walling Ln
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!
Highlights
Virtual tour
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
- Basement: No
- Flooring Type: Tile, Wood
- Interior: Eat-in Kitchen, Granite Counters, High Speed Internet, Cable TV
- Fireplace: Gas
- Total Bedroom Count: 4
- Parking: Alley Access, Door-Single, Garage, Garage Door Opener, Garage Faces Rear
- Exterior: Balcony
- Heating: Natural Gas
- Cooling: Central Air, Ceiling Fan(s), Electric, Window Unit(s)
- List Price: $705,000
- Annual Tax Amount: $15,032
- Tax Year: 2024
- 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.
- Year Built: 1963
- Lot Size: 0.35 Acres
- MLS Number: 20995487
- MLS Name: NTR
- Office Name: eXp Realty LLC
- Listing Agent: Maria Rocha, Charlie Bui
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Last updated on: 7/16/2025, 5:45:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $655,090 | $15,032 |
| 2023 | $598,960 | $13,744 |
| 2022 | $598,960 | $15,036 |
| 2021 | $418,610 | $10,882 |
| 2019 | $394,910 | $9,929 |
| 2018 | $348,990 | $9,929 |
| 2017 | $348,990 | $9,489 |
History based on county public records data.
Nearby schools
8
Jill Stone Elementary School at Vickery Meadow
Public District EE-5
1.1 mi
•6606 Ridgecrest Rd
8
Dan D. Rogers Elementary School
Public District EE-5
1.2 mi
•5314 Abrams Rd
8
White Rock Elementary School
Public District PK-6
1.2 mi
•9229 Chiswell Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $83,257. Most Dallas, TX residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Men's Tennis
Hiking/backpacking
Live Theatre
Where do the neighbors shop?
Nordstrom Rack
Bloomingdales
Crate & Barrel
Where do the neighbors go to eat?
The Cheesecake Factory
Starbucks
Boston Market
What do the neighbors drive?
Volvo
Audi
Mercedes
What do the neighbors listen to?
News
Alternative- Rhythmic Contemporary Hits
Frequently asked questions
About 7338 Walling Ln
The listing price of 7338 Walling Ln property is $705,000.
The property 7338 Walling Ln is a multi located in Dallas, Texas, 75231.
Active Listing: 7338 Walling Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7338 Walling Ln are: Jill Stone Elementary School at Vickery Meadow (GreatSchools Rating 8/10), Dan D. Rogers Elementary School (GreatSchools Rating 8/10), White Rock Elementary School (GreatSchools Rating 8/10), L.L. Hotchkiss Elementary School (GreatSchools Rating 4/10), Robert T. Hill Middle School (GreatSchools Rating 4/10), Sam Tasby Middle School (GreatSchools Rating 4/10), Emmett J. Conrad High School (GreatSchools Rating 3/10), Lake Highlands High School (GreatSchools Rating 5/10), Hillcrest High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $15,032 (source: MLS/based on county public records data).
The year of construction for 7338 Walling Ln is 1963.
This home is located at 7338 Walling Ln in Dallas, TX and zip code 75231 in the Lake Highlands Area neighborhood. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 10, 2025 and is currently priced at $705,000.
The number of homes for sale in Dallas, TX increased by 7.8% between May and June 2025. In June 2025 median list price was $470,660 and the average listing age was 73 days.