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$287,000

NAL Estimated Property Value

1004 Fayette Drive, Euless, TX, 76039

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,358 Sq Ft
price_per_sqft$141.38 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCeramic Tile, Laminate

Exterior

Lot Size9,461 sqft

Building Information

Year Built1968
Stories1
Garage Spaces2

Land Information

APN25940-38-5R
Lot Number5R
SubdivisionMidway Park Addition-Euless
Land UseResidential
Legal DescriptionMIDWAY PARK ADDITION-EULESS BLOCK 38 LOT 5R
Census Tract113509
Assessed Land Value$55,000
Assessed Improvement Value$131,976
Assessment Year2025

About this property

Well maintained brick home in highly desired neighborhood. 3 bedrooms, 2 baths, and add on that could be 4th bedroom, office, or extension of living. Large eat in kitchen with stainless range, dishwasher and microwave, loads of cabinets and room for large table for family meals. Wood laminate and ceramic tile flooring throughout for easy maintenance. Addition has windows all around and transom up top, lots of light and view of back yard. Newer air cond, roof, flooring. Large 2 car attached garage with work bench, elec. openers opens into kitchen. Large established trees, fenced and gated on both sides. Close to shopping and easy access to Hwy. 183 Could be permanent residence or excellent rental property.

Investor Tools

Property Icon
$287,000
Estimated Property Value
$97,599Estimated Mortgage Balance
$189,401Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,722 /month
Positive
Cash Flow Estimate:
$574 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$364/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,932
$186,976
2025
$55,000
$131,976
$186,976
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,932
$186,976

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$109,191
No
First
Nov 3, 2020
Dec 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$97,599
$189,401
65%
34%
$655/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,450/mo
$655/mo
+$1,795/mo
10.2%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Euless

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1004 Fayette Drive | Property Details | No Agent List