Price Reduction
Address
501 Arbor Creek Drive, Euless, TX
Price
$ 2,495,000
Property Attributes
  • MLS#20425622
  • TypeMulti-Family
  • CountyTARRANT
  • CityEuless
  • Zip76039
  • StyleMultiple Single Units
  • Price$ 2,495,000
  • Bedrooms17
  • Full Bathrooms16
  • Half Bathrooms0
  • Sqr Footage13969
  • Lot Size1.21 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

15 units just a short drive away from Highway 360. This property has great proximity to DFW airport and comes with a community pool for residents to use. Rents are below market and this is a great value add property for someone looking to add to their investment portfolio.

Elementary School
Northeules Elementary School
Price History
9/25/2023 Listed $2,595,000
12/28/2023 2% - $2,549,000
2/9/2024 3% - $2,495,000

General Features

Heating Central
Complex Name Arbor Glen Apartments
Cooling Central Air
Utilities Cable Available,City Sewer,City Water
Possession Closing/Funding,Subject to Lease
Roof Shingle
Appliances Dishwasher,Disposal
Assoc Fees 1389
School District Hurst-Euless-Bedford ISD
HOA Fee Includes Full Use of Facilities,Maintenance Grounds
Capitalization Rate 6.93
Year Built 1985
Will Subdivide No
Gross Annual Expenses 62500.00
Property SubType Multiple Single Units
Insurance Expense 13000
County Tarrant
Property Type Residential Income
Construction Materials Brick,Siding
Association Fee Frequency Monthly
Year Built Details Preowned
HOA Type Mandatory
# of Buildings 1
Status Active
Directions When driving on 360 exit Hardwood Rd and Midway Dr,turn right onto Hardwood,left onto Fuller Wiser Rd,Right onto Midway,and Right onto Arbor Club LN. Property will be on your right. GPS
City Euless
Buyer Agent Compensation 2
Elementary School Name Northeules
High School Trinity
Street Name Arbor Creek
Elementary School Northeules
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20425622
Standard Status Active
Junior High School Euless
Buyer Agent Compensation Type %

Interior Features

Interior Features Cable TV Available,Other
Flooring Carpet,Laminate
Occupancy Rate 100
Total Units 15
Full Baths 16
Lock Box Type None
Street Suffix Drive
Total Bedrooms 17

Exterior Features

Parking Features Additional Parking,Drive Through
Lot Size 1 to < 3 Acres
Foundation Slab
Lot Size Area 1.2100
Number Of Parking Spaces 20
Lot Size Units Acres
Building Area Total 13969.00
Lot Size Square Feet 52707.6000
Lot Size Acres 1.2100

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 76039

Price
AVG $2.5M
$2.5M
Visits
AVG 253
252
Data Provided by Inside Real Estate®
Year Built
AVG 1985
1985
Walkscore
AVG 48
48
Data Provided by Walkscore® not using MLS data

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