6 months on rocket

1501 Cedar Elm Dr, Euless, TX, 76039

$2,850,000

0 Baths
House

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingGarage, Garage Door Opener
Attached GarageYes
Year Built1995
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
MLS #20592668
Lot Size0.67 Acres
StatusActive

About 1501 Cedar Elm Dr

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.

Property Details

Property Features

Property Information:

  • Year Built: 1995

Listing Office:

  • Office Name: Fathom Realty
  • Office Phone: (888) 455-6040
  • Listing Agent: Lalit Thakkar

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator
  • Flooring Type: Carpet, Luxury Vinyl, Luxury VinylPlank
  • Interior: High Speed Internet, Open Floorplan, Pantry

Exterior Features

Exterior Information:

  • Exterior: Barbecue

Parking Information:

  • Attached Garage: Yes
  • Parking: Garage, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 1501 Cedar Elm Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot: Interior Lot, Irregular Lot
  • Lot Size: 0.67 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: Please use your favourite GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,850,000
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Euless, TX.

Med. List Price

$373.8K

Med. Price/SqFt

$215

Avg. Days On Market

54

# of Sold Homes

32

1501 Cedar Elm Dr vs Euless

206 DAYS ON ROCKET

+152 Days

$2,850,000

+$2.4M More

KEY TAKEAWAY

This property is $2.4M more than the Median List Price in Euless, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20592668

Listing Office:

  • Office Name: Fathom Realty
  • Office Phone: (888) 455-6040
  • Listing Agent: Lalit Thakkar

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 11/23/2024, 7:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$14.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,611

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-959721
8
/10
  • North Euless Elementary School

  • 1101 Denton Dr

  • 0.69 miles

  • Public District Grades PK-6

school-card-donut-959722
5
/10
  • Arbor Creek Elementary School

  • 701 International Dr

  • 0.85 miles

  • Public District Grades PK-6

school-card-donut-959723
7
/10
  • Lakewood Elementary School

  • 1600 Donley Dr

  • 0.97 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,646. Residents of Euless, TX typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1501 Cedar Elm Dr

What is the listing price of this property?

The listing price of 1501 Cedar Elm Dr property is $2,850,000.

What type of property is this?

The property 1501 Cedar Elm Dr is a house located in Euless, Texas, 76039.

Is this property for sale now?

Active Listing: 1501 Cedar Elm Dr is For Sale (Active/New) which means the seller is accepting offers.

Which year was this property built?

The year of construction for 1501 Cedar Elm Dr is 1995.
Rocket Homes logo

Interested in 1501 Cedar Elm Dr? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket Homes›Texas›Tarrant County›Euless›76039›1501 Cedar Elm Dr

This home is located at 1501 Cedar Elm Dr in Euless, TX and zip code 76039 in the Tall Timbers Garden Homes neighborhood. This home, which was built in 1995, sits on a 0.67 acre lot. It has been listed on Rocket Homes since May 01, 2024 and is currently priced at $2,850,000.

Between September 2024 and October 2024, Euless, TX real estate market has seen increase in the number of listings by 5.1%. In October 2024 median list price was $373,873 and the average listing age was 54 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources