501 Arbor Creek Drive, Euless, TX 76039
501 Arbor Creek Drive, Euless, TX 76039
501 Arbor Creek Drive, Euless, TX 76039
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Jamie Lockhart

Jamie Lockhart

+1(817) 770-1429
$2,575,000
Est. payment /mo
1 Bed
2 Baths
1.2 Acres Lot
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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Arbor Glen Add

MLS Listing ID 21334170

Bedrooms 1

Full Baths 1

Half Baths 1

HOA Fees $1,389/mo

HOA Y/N Mandatory

Total Fin. Sqft 13969

Year Built 1985

Lot Size 1.205 Acres

Acres 1.205

Property Sub-Type Apartment

Property Description

Positioned in the heart of the Mid-Cities, this 15-unit apartment property offers investors a compelling combination of scale, location, and an established residential setting. The property's central location, manageable unit count, varied floor plans, and established multifamily configuration may appeal to investors seeking an income-producing asset with the ability to evaluate operations, rents, expenses, occupancy, and future improvement strategies according to their own investment objectives. Tucked along a quiet, secluded street surrounded by mature trees, the community is near a greenbelt and community pool, creating an appealing residential atmosphere for tenants. The property contains approximately 13,969 square feet on approximately 1.205 acres and includes a practical unit mix of thirteen one-bedroom apartments and two two-bedroom apartments. Approximately 30 on-site parking spaces include covered, assigned, open, and guest parking options. Ideally positioned for resident convenience, the property is (just around the corner) approximately 0.1 mile from Arbor Creek Elementary, 0.9 mile from Euless Junior High and 1.3 miles from Trinity High School, with grocery shopping, restaurants, coffee shops and neighborhood retail available within approximately one mile. Multiple Euless parks and recreation destinations are also located within roughly two miles. The Euless location provides convenient access to DFW International Airport, Highway 360, major thoroughfares, employment centers, and destinations throughout DFW. At a time when elevated ownership costs continue to keep many households in the rental market, an established apartment property near jobs, transportation, schools, and everyday services may offer the kind of practical housing tenants consistently seek.
Buyer and buyer's agent should independently verify all information.

Location

State TX

County Tarrant

Direction Driving on 360 going south take exit Harwood Rd and Midway Dr. Then Turn right onto Harwood Rd. Then turn left onto Fuller Wiser Rd. Then Turn right onto E Midway Dr, finally turn into Arbor Club LN. The property will be on your right.

Interior

Interior Features Cable TV Available, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available, Open Floorplan, Vaulted Ceiling(s)

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Carpet, Linoleum, Luxury Vinyl Plank

Fireplaces Number 1

Fireplaces Type Living Room, Wood Burning

Appliance Dishwasher, Electric Oven, Refrigerator

Heat Source Central, Electric

Exterior

Fence None

Pool In Ground, Outdoor Pool

Utilities Available Cable Available, City Sewer, City Water, Electricity Available, Electricity Connected, Sewer Available

Roof Type Asphalt

Total Parking Spaces 1

Garage No

Private Pool 1

Building

Story Three Or More

Foundation Slab

Level or Stories Three Or More

Structure Type Brick,Wood

Schools

Elementary Schools Arbor Creek

High Schools Trinity

School District Hurst-Euless-Bedford Isd

Others

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
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Listed by Joleen Skipworth • Real Estate By Pat Gray

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Jamie Lockhart

Jamie Lockhart

+1(817) 770-1429

Luxury Realtor®- Team Lead JSNT Group

Luxury Realtor®- Team Lead JSNT Group

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