NOT LISTED FOR SALE

501 Arbor Creek Dr Euless, TX 76039

17 Beds
16 Baths
819 Sq Ft
1.21 Acres

Last Sold August 20, 2024

Highlights

  • 1.21 Acre Lot
  • Central Heating and Cooling System
  • Carpet
  • Arbor Creek Elementary School Rated A-
  • Drive Through

About This Home

As of August 2024

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.

Last Agent to Sell the Property

Enis Ida

Great Real Estate, Inc. Brokerage Phone: 214-532-4009 License #0789369 Listed on: 04/11/2024

Last Buyer's Agent

Holly Winn

Brooks & Morgan Real Estate License #0728432

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 1.21

HOA Fees

  • $1,389 Monthly HOA Fees

Home Design

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

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 16 Full Bathrooms

Parking

  • 20 Parking Spaces
  • Drive Through
  • Additional Parking

Schools

  • Northeules Elementary School
  • Euless Middle School
  • Trinity High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • 2-Story Property
  • 1.21 Acre Lot

Community Details

  • Association fees include full use of facilities, ground maintenance
  • 15 Units
  • 13,969 Sq Ft Building
  • Arbor Glen Owner's Association
  • Arbor Glen Addition Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 06214096

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,389 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Single Units
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 173009
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 175.03042
  • Attribution Contact: 214-532-4009
  • Special Features: None
  • Year Built: 1985

Interior Features

  • Interior Amenities: Cable TV Available, Other
  • Flooring: Carpet, Laminate
  • Appliances: Dishwasher, Disposal

Beds/Baths

  • Full Bathrooms: 16
  • Total Bedrooms: 17

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Shingle
  • Construction Materials: Brick, Siding

Garage/Parking

  • Cooling System: Central Air
  • Number Of Parking Spaces: 20
  • Parking Features: Additional Parking, Drive Through

Utilities

  • Heating: Central
  • Utilities: Cable Available, City Sewer, City Water

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Maintenance Grounds
  • Complex Name: Arbor Glen Apartments
  • Association Fee: 1389
  • Association Fee Frequency: Monthly
  • Association Type: Mandatory
  • Hoa Management Company: Arbor Glen Owner's Association
  • HOA Management Company: 000000000

Schools

  • School District: Hurst-Euless-Bedford ISD
  • Elementary School: Northeules
  • High School: Trinity
  • School District: Hurst-Euless-Bedford ISD
  • Elementary School: Northeules
  • Junior High School: Euless

Lot Info

  • Lot Size: 1 to < 3 Acres
  • Lot Size Units: Acres
  • Lot Size Area: 1.2100
  • Parcel Number: 06214096
  • Lot Size Acres: 1.2100
  • Lot Size Sq Ft: 52707.6000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1985
  • Units Total: 15

Multi Family

  • Gross Annual Expenses: 62500.00
  • Gross Annual Income: 247860.00
  • Insurance Expense: 13000

MLS Schools

  • Elementary School Name: Northeules
  • High School Name: Trinity

Range of Values:

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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 Change Sq Ft Price
08/20/2024 08/20/24 Sold -- -- --
04/11/2024 04/11/24 Pending -- -- --
12/07/2018 12/07/18 Sold -- -- --
11/09/2018 11/09/18 Pending -- -- --
11/06/2018 11/06/18 For Sale $950,000 -- $68 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20585732

North Texas Real Estate Information Systems (NTREIS)