Features & Amenities

Interior

  • Other Interior Features

    Other

  • Total Bedrooms

    17

  • Bathrooms

    16

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Additional Parking, Drive Through

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    1.21

  • Lot Size(square feet)

    52,707

  • Property Type

    Residential Income

Price

  • Sales Price

    $2,495,000

  • Sq. Footage

    13,969

  • Price/SqFt

    $178

HOA

  • Association

    YES

  • Association Fee

    $1,389

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Northeules

  • Middle School

    N/A

  • High School

    Trinity

Property Features

  • Foundation Details

    Slab

  • Sewer

    Public Sewer

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Location

County

Tarrant

Elementary School

Northeules

Middle School

High School

Trinity

Listing Courtesy of Enis Ida, Great Real Estate, Inc.

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15 units just a short drive away from Highway 360. This property has great proximity to DFW airport and comes with a community pool for residents to use. Rents are below market and this is a great value add property for someone looking to add to their investment portfolio.

501 Arbor Creek Drive

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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.
#21334170

Euless

501 Arbor Creek Drive

1 Beds

1 Baths

13,969 Sq.Ft.

$2,575,000

MLS#: 21334170

 - property

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