RENTED JAN 25, 2025

1501 Cedar Elm Dr Unit 202 Euless, TX 76039

Estimated Value: $2,573,000

2 Beds
2 Baths
1,235 Sq Ft
$2,083/Sq Ft Est. Value

Highlights

  • 0.67 Acre Lot
  • 1 Car Attached Garage
  • Awning
  • Lakewood Elementary School Rated A
  • 1-Story Property
  • Outdoor Grill

About This Home

As of January 2025

This impeccably maintained second-floor unit offers an abundance of natural light and an open floor plan, creating a bright and welcoming atmosphere. It features a charming wood-burning fireplace and a spacious living room that seamlessly flows into an additional room, ideal for a large dining area, office, study, or other versatile uses. The two bedrooms are thoughtfully separated for privacy, each accompanied by its own en-suite bathroom. The attached garage includes an automatic door opener for added convenience. This unit also comes fully equipped with a refrigerator, washer, and dryer.

Last Agent to Rent the Property

Lalit Thakkar

Fathom Realty Brokerage Phone: 888-455-6040 License #0682603 Listed on: 01/02/2025

Fathom Realty

Last Renter's Agent

Sergio Cepeda

Orchard Brokerage License #0654078

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1995

Lot Details

  • 0.67

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Apartment
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,235 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Awning

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Donna Park Elementary School
  • Euless Middle School
  • Trinity High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Individual Gas Meter
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Outdoor Grill
  • 0.67 Acre Lot

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,675
  • Tenant pays for all utilities, cable TV, electricity, insurance, sewer, trash collection, water
  • 12 Month Lease Term
  • $44 Application Fee
  • Tax Lot 101
  • Assessor Parcel Number 06800017

Community Details

Overview

  • Monarch Condos Subdivision
  • Property managed by Property Manager

Pet Policy

  • Pet Size Limit
  • Pet Deposit $350
  • $30 Monthly Pet Rent
  • 2 Pets Allowed
  • Non Refundable Pet Fee
  • Dogs and Cats Allowed
  • Breed Restrictions

Property Details

Home Type

Multi-Family

Year Built

Built in 1995

Lot Details

0

Parking

1

Rental Info

  • PetsAllowed: Yes, Breed Restrictions, Cats OK, Dogs OK, Number Limit, Size Limit
  • Deposit Amount: 1675
  • Pet Deposit: 350
  • Lease Conditions: Application Fee, Prior Residence Info., Written Application Only
  • Lease Term: 12 Months
  • Lease Type: 1 Year Plus
  • Monthly Pet Fee: 30
  • Number Of Pets Allowed: 2
  • Tenant Pays: All Utilities, Cable TV, Electricity, Insurance, Sewer, Trash Collection, Water
  • Application Fee: 44
  • Furnished YN: No

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Structural Style: Apartment
  • Unit Levels: One
  • Restrictions: No Divide, No Livestock, No Mobile Home, No Smoking, No Sublease, No Waterbeds
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Non Refundable Pet Fee Y N: Yes
  • Notice Surveillance Devices Pres: Audio, Video
  • Property Managed By: Property Manager
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • App Fee Plus18 Yrs Y N: Yes
  • Attribution Contact: 888-455-6040
  • Special Features: None
  • Year Built: 1995

Interior Features

  • Square Footage: 1235.00
  • Fireplace Features: Wood Burning
  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Carpet, Laminate
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Microwave, Refrigerator
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 7
  • Appliances: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Shingle
  • Construction Materials: Brick, Wood
  • Exterior Features: Awning(s), Barbecue

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 1
  • Total Covered Spaces: 1
  • Number Of Vehicles: 1
  • Parking Features: Garage Door Opener, Garage Faces Rear
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • Utilities: All Weather Road, Cable Available, City Sewer, City Water, Electricity Available, Individual Gas Meter, Individual Water Meter, Phone Available, Sewer Available, Underground Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Other
  • Association Type: None
  • Number Of Days Guests Allowed: 15

Schools

  • School District: Hurst-Euless-Bedford ISD
  • Elementary School: Donna Park
  • Junior High School: Euless

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size Units: Acres
  • Lot Size Area: 0.6660
  • Parcel Number: 06800017
  • Lot Size Acres: 0.6660
  • Lot Size Sq Ft: 29010.9600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1995
  • SeniorCommunityYN: No

Tax Info

  • Special Taxing Entities: No
  • Tax Lot: 101

MLS Schools

  • Elementary School Name: Donna Park
  • High School Name: Trinity

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2025
Sold by
Cedar Elm Road Realty Llc
Bought by
Nirlax Property Investments Llc
Current Estimated Value
$2,573,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,195,767
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$1,377,233

Purchase Details

Closed on
Sep 17, 1998
Sold by
Rahmani Azam A
Bought by
M S R Family Partners Ltd

Purchase Details

Closed on
Apr 24, 1995
Sold by
Arya Corp
Bought by
Castleberry M Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
8.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nirlax Property Investments Llc -- First American Title Insurance
M S R Family Partners Ltd -- --
Castleberry M Kathryn -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nirlax Property Investments Llc $1,200,000
Previous Owner Castleberry M Kathryn $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2025 01/25/25 Rented $1,675 0.0% --
01/16/2025 01/16/25 Under Contract -- -- --
01/02/2025 01/02/25 For Rent $1,675 +24.1% --
02/03/2022 02/03/22 Rented $1,350 0.0% --
02/03/2022 02/03/22 Under Contract -- -- --
02/01/2022 02/01/22 For Rent $1,350 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $34,162 $2,002,872 $101,524 $1,901,348
2024 $34,162 $1,800,000 $101,524 $1,698,476
2023 $34,421 $1,831,104 $101,524 $1,729,580
2022 $23,632 $1,100,000 $101,524 $998,476
2021 $21,366 $950,000 $101,524 $848,476
2020 $20,213 $890,000 $101,524 $788,476
2019 $18,792 $806,514 $101,524 $704,990
2018 $16,467 $706,744 $58,014 $648,730
2017 $16,854 $700,763 $58,014 $642,749
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20806979

North Texas Real Estate Information Systems (NTREIS)

APN: 06800017