$2,500,000

150 S Main St Euless, TX 76040

Estimated payment $15,663/month

Total Views 9
40 Beds
24 Baths
18,840 Sq Ft
$133 Price per Sq Ft

Highlights

  • In Ground Pool
  • 0.71 Acre Lot
  • Corner Lot
  • South Euless Elementary School Rated A
  • Dual Staircase
  • Multiple cooling system units

About This Home

Covenant Realty Group is pleased to present the exclusive offering on the Vienna Terrace Apartments in Euless TX, a unique, all-bills-paid property in Euless, Tx. Constructed in 1964, the property consists of 24 units averaging 767 square feet. The property offers Eight 1 Bedroom 1 Bathroom units and Sixteen 2 Bedroom 1 Bathroom units. The property is currently operated as student housing and the leases will not be renewing at the end of this semester May 2026. Property has been well maintained and updated over the years. The most recent update is the installation of individual HVAC units in all of the apartments in 2024 through 2025. Great central Dallas-Fort Worth location with quick accesses to Hwy 183 and Hwy 360. One mile to DFW International Airport. Vienna Terrace is being offered free and clear of existing debt.

Listing Agent

Peter Konopka

Covenant Realty Group Brokerage Phone: 817-715-1931 License #0465328 Listed on: 03/27/2026

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $27,644

Year Built

  • Built in 1964

Lot Details

  • 31,058 Sq Ft Lot
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Dual Staircase
  • Carpet

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 40 Bedrooms
  • 24 Full Bathrooms

Parking

  • Common or Shared Parking
  • Drive Through
  • Driveway
  • Unassigned Parking

Pool

  • In Ground Pool
  • Gunite Pool

Schools

  • Wilshire Elementary School
  • Trinity High School

Utilities

  • Multiple cooling system units
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 00424226

Community Details

Overview

  • 24 Units
  • 18,840 Sq Ft Building
  • Cannon Ross Add Subdivision

Amenities

  • Community Mailbox

Building Details

  • Gross Income $300,192
  • Net Operating Income $132,469

Property Details

Home Type

Apartment

Est. Annual Taxes

$27,644

Year Built

Built in 1964

Lot Details

0.71 Acres

Listing Details

  • OWNERNAME: On Record
  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Attribution Contact: 817-715-1931
  • CapRate: 5.3
  • Co List Office Mls Id: COVNT01
  • HumanModifiedYN: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48439:00424226
  • Special Features: VirtualTour
  • Year Built: 1964

Interior Features

  • Interior Amenities: Multiple Staircases, Cable TV
  • Flooring: Carpet, Combination, Other
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 24
  • Total Bedrooms: 40

Exterior Features

  • Foundation: Slab
  • Community Features: Community Mailbox, Sidewalks
  • Roof: Shingle
  • Construction Materials: Brick
  • Pool Features: Gunite, In Ground, Outdoor Pool, Pool
  • Waterfront: No
  • RoadSurfaceType: Asphalt

Garage/Parking

  • Cooling System: Electric, Multi Units
  • Parking Features: Asphalt, Common, Drive Through, Unassigned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Utilities: Natural Gas Available, Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Wilshire
  • High School: Trinity
  • Junior High Dist: Hurst-Euless-Bedford ISD

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.713
  • Parcel Number: 00424226
  • Lot Size Acres: 0.713
  • Lot Size Sq Ft: 31058.28

Building Info

  • Year Built: 1964
  • Units Total: 24

Multi Family

  • Insurance Expense: 37887.0
  • Annual Gross Income: 300192.0
  • Property Net Operating Income: 132469.0

Tax Info

  • Tax Lot: 6
  • Tax Annual Amount: 27644.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2026 03/27/26 For Sale $2,500,000 -- $133 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21221750

North Texas Real Estate Information Systems (NTREIS)
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