About This Home

This 1-bedroom, 2-bathroom multi-family at 501 Arbor Creek Drive in Euless, TX is listed for $2,575,000. Built in 1985, on a 1.21 acres lot.

Key Features

  • Built in 1985
  • 1.21 acre lot
  • 3 stories
  • 30 parking spaces
  • Fireplace

Property Details

3 stories
1 full, 1 half
30 spaces
1985

Amenities

FireplaceA/C
Listing 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 ass

et 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.

Monthly Cost Estimate

$15,161/mo

20% down · 6.5% · 30 years

Principal$1,862
Interest$11,158
Insurance$751
HOA$1,389

Estimates only. Actual payments may vary.

Location

501 Arbor Creek Drive

Euless, TX 76039

Arbor Glen Add

Features & Amenities

Interior Features

DecorativeDesignerLightingFixturesEatInKitchenHighSpeedInternetOpenFloorplanCableTvVaultedCeilings

Property Details

Flooring

VinylLinoleumCarpet

Construction

Brick WoodSiding

Parking

OpenCoveredAssigned

Heating

CentralElectric (Heating)

Cooling

Central AirElectricCeiling Fan(s)

Appliances

DishwasherElectricOvenRefrigerator

Questions & Answers

This 1-bedroom, 2-bathroom multi-family at 501 Arbor Creek Drive is listed at $2,575,000. The estimated monthly payment is $15,161 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1389/month.

Key features include: Built in 1985, 1.21 acre lot, 3 stories, 30 parking spaces, Fireplace. Interior Features: DecorativeDesignerLightingFixtures, EatInKitchen, HighSpeedInternet.

This property is listed by Joleen Skipworth and can be reached at (817) 249-5483.

JS

Joleen Skipworth

Agent at Real Estate by Pat Gray

(817) 249-5483

Listed by Real Estate by Pat Gray · Broker phone: (817) 249-5483 · View on Broker Site

MLS# 21334170· Source: North Texas Real Estate Information Systems, Inc.· 60 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

501 Arbor Creek Drive, Euless, TX 76039

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