1501 Cedar Elm Dr Euless, TX 76039

$2,850,000
0.7 acres
House

Property details

About 1501 Cedar Elm Dr

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.

Highlights

Home typeOther
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Lot size0.666 Acres
Year built1995
ParkingGarage, Garage Door Opener
MLS #20592668
Attached garageYes

Virtual tour

Summary

  • MLS Number: 20592668
  • MLS Name: NTR
  • Office Name: Fathom Realty
  • Office Phone: (888) 455-6040
  • Listing Agent: Lalit Thakkar

IDX ©2025 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: 1/30/2025, 11:55:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of car parking

$2,850,000

1501 Cedar Elm Dr

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

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

Tax history

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

Nearby schools

8

North Euless Elementary School

Public District PK-6

0.7 mi

1101 Denton Dr

5

Arbor Creek Elementary School

Public District PK-6

0.9 mi

701 International Dr

7

Lakewood Elementary School

Public District PK-6

1.0 mi

1600 Donley Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $47,646. Typical income of Euless, TX residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

33%
<35k
58%
35k-100k
9%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

56%
Single, No Kids
16%
Single, with Kids
15%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
7%
12-17 yrs old
35%
18-34 yrs old
37%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Continuing Education CoursesContinuing Education Courses
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • Express/Express For MenExpress/Express For Men
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • SonicSonic
  • QdobaQdoba
  • StarbucksStarbucks

What do the neighbors drive?

  • InfinitiInfiniti
  • VolkswagenVolkswagen
  • PontiacPontiac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 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. Features: 0 bathroom. It has been listed on Rocket Homes since May 1, 2024 and is currently priced at $2,850,000.

The number of listings in Euless, TX decreased by 12.3% between November and December 2024. Listings spent 63 days on the market in December 2024, and had a median list price of $359,944 during the same period.

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

More resources