Homes for sale - 1501 Cedar Elm Drive, Euless, TX 76039

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Prospect Real Estate Team

Prospect Real Estate Team | Compass

info@prospectrealestate.com +1(512) 640-1881

$ 2,850,000

Est. payment -/mo

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1501 Cedar Elm Drive Euless, TX 76039

0.67 Acres Lot

UPDATED:

12/17/2024 09:14 PM

Key Details

Property Type Single Family Home

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Subdivision Monarch Condos

MLS Listing ID 20592668

HOA Y/N None

Total Fin. Sqft 10200

Year Built 1995

Annual Tax Amount $34,420

Lot Size 0.666 Acres

Acres 0.666

Property Description

Fully 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.

Location

State TX

County Tarrant

Direction Please use your favourite GPS

Interior

Interior Features High Speed Internet Available, Open Floorplan, Pantry

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Carpet, Luxury Vinyl Plank

Appliance Dishwasher, Disposal, Dryer, Electric Cooktop, Microwave, Refrigerator

Heat Source Central, Electric

Exterior

Exterior Feature Barbecue

Fence Wood

Utilities Available All Weather Road, Cable Available, City Sewer, City Water, Electricity Available, Individual Water Meter, Sewer Available, Sidewalk, Underground Utilities

Roof Type Shingle

Garage Yes

Building

Lot Description Interior Lot, Irregular Lot

Story Two

Foundation Slab

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Lakewood

High Schools Trinity

School District Hurst-Euless-Bedford Isd

Others

Ownership see tax records

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Lalit Thakkar • Fathom Realty