Movoto Real Estate
Sold on 03/21/2025
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  • Exterior
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1501 Cedar Elm Dr, Euless, TX 76039

$2,500,000

Last sold 03/21/2025 after 33 Days

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    bed

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    bath

Multi-family not for sale

About 1501 Cedar Elm Dr

Property type Multi-family
Neighborhood
Year built 1995
HOA fee $0/month
Lot size 0.67 Acre
Rental estimate
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 6 to 7 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.
Listed by
Listing Agent - Lalit Thakkar
Listing Agent Contact: 888-455-6040
Listing Office - Fathom Realty
Source: NTREIS mls logo
MLS#20846052 • last updated 1 year ago
Movoto checked NTREIS for data 4 minutes ago
Overview
Cooling/AC CentralAir, CeilingFans, Electric
Levels/Style Two
Virtual Tour N/A
MLS # 20846052
Status Closed
Lot Size (SqFt) 29010.96
Lot Size (Acres) 0.666
Property Tax 34420
Year Built 1995
Interior
Appliances Dryer, Dishwasher, ElectricCooktop, Disposal, Microwave, Refrigerator, Washer
Window Features Window Coverings
Exterior
Roof Shingle
Exterior Features Barbecue
Construction Brick
Foundation Slab
# Parking Spaces 10
Fencing Wood
Amenities / Utilities
Sewer Public Sewer
Pool None
Security Features Carbon Monoxide Detector(s)
Location
Subdivision Monarch Condos
County Tarrant
Community Features Sidewalks
Elementary School Lakewood
High School Trinity
Elementary School District Hurst-Euless-Bedford ISD
High School District Hurst-Euless-Bedford ISD
Directions Please Use Your Favourite GPS
APN 6800017
Multifamily Details
Total # of Units 10
Net Operating Income 135363
Gross Income 189780
Lot/ Land Details
Road Frontage All Weather Road
We are not permitted to show value estimates for this property.
  • Apr 2025
    mls logo MLS # 20846052
  • Apr 28, 2025 Pending
    —
  • Mar 24, 2025 Active
    —
  • Feb 16, 2025 Listed
    $2,500,000 (-12.3%)
  • Feb 2025
    mls logo MLS # 20592668
  • Feb 16, 2025 Expired
    —
  • Sep 23, 2024 Price Change
    $2,850,000 (-10.9%)
  • Apr 30, 2024 Listed
    $3,200,000 (+81.4%)
  • Aug 2022
    mls logo MLS # 20135831
  • Aug 31, 2022 Pending
    —
  • Aug 8, 2022 Listed
    $1,764,000
  • 1501 Cedar Elm Dr
    $2.5M
  • Euless
    $425K +7% y/y
  • 76039
    $433K +9% y/y
  • Euless
    $406K +13% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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