1501 Cedar Elm Drive
Euless, TX 76039
- – beds
- – baths
- – sqft
- ~3/4 acre lot
- 1995 build
- – on site
100% occupied an Exceptional Investment Opportunity in a Prime Location in Euless. Embark on a rewarding investment journey with this meticulously maintained property showcasing ten rental units, each thoughtfully designed with attached garages and abundant parking space. Set on an additional 0.13 acres to add 8 units, this property enjoys a strategic position in the Mid-Cities region, providing effortless access to the entire DFW Metroplex and a quick 15-minute drive to the DFW International Airport. Most units have been tastefully remodeled, boasting fresh paint, new fixtures, modern appliances, contemporary lighting features such as can lights and fans, luxurious wood-look vinyl flooring, and elegant quartz countertops in kitchens and bathrooms. All units have a refrigerator, washer, and dryer for added convenience. To seize this opportunity, kindly submit offers or Letters of Intent (LOI) along with proof of funds via email.
Last checked:
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Last updated Nov 23, 2024
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MLS# 20592668 —
The Building
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Year Built:1995
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Year Built Details:Preowned
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Security Features:Carbon Monoxide Detector(s)
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Accessibility Features:No
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Roof:Shingle
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Foundation Details:Slab
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Levels:Two
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Construction Materials:Brick
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Building Area Total:10200.00
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Building Area Source:Public Records
Interior
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Interior Features:High Speed Internet Available, Open Floorplan, Pantry
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Flooring:Carpet, Luxury Vinyl Plank
Location
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Directions:Please use your favourite GPS
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Latitude:32.85742200
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Longitude:-97.07786200
The Property
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Property Type:Residential Income
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Property Subtype:Multiple Single Units
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Parcel Number:06800017
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Lot Features:Interior Lot, Irregular Lot
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Lot Size SqFt:29010.9600
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Lot Size Acres:0.6660
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Lot Size Area:0.6660
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Lot Size Units:Acres
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Fencing:Wood
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Exterior Features:Barbecue
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# of Buildings:1
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Will Subdivide:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Legal Description:MONARCH CONDOS ALL UNITS & 100% OF COMMON AREA
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20592668
Heating & Cooling
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Heating:Central, Electric
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Cooling:Ceiling Fan(s), Central Air, Electric
Utilities
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Utilities:All Weather Road, Cable Available, City Sewer, City Water, Electricity Available, Individual Water Meter, Sewer Available, Sidewalk, Underground Utilities
Appliances
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Appliances:Dishwasher, Disposal, Dryer, Electric Cooktop, Microwave, Refrigerator
Schools
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School District:Hurst-Euless-Bedford ISD
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Elementary School:Lakewood
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Elementary School Name:Lakewood
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Jr High School Name:Euless
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High School Name:Trinity
The Community
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Subdivision Name:Monarch Condos
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Senior Community:No
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Pool:No
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Association Type:None
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Complex Name:Monarch Condos
Parking
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Garage:Yes
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Attached Garage:Yes
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Garage Length:20
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Garage Width:10
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# of Parking Spaces:10
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Parking Features:Garage Single Door, Garage, Garage Door Opener
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/22/24
Sep 22, 2024
|
Price Changed | NTREIS | $2,850,000 | -10.9% |
|
5/1/24
May 1, 2024
|
Listed / Active | NTREIS | $3,200,000 | 81.4% (48.8% / YR) |
|
10/18/22
Oct 18, 2022
|
NTREIS |
