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
Amenities
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
Estimates only. Actual payments may vary.
Location
501 Arbor Creek Drive
Euless, TX 76039
Arbor Glen Add
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
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.


