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$574,000

NAL Estimated Property Value

1007 Drake Drive, Euless, TX, 76039

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,850 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.18 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Double Oven, Vented Exhaust Fan
FlooringCarpet, Terrazzo, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size10,197 sqft

Building Information

Year Built2005
Stories2
Garage Spaces2

Land Information

APN23555D-A-11
Lot Number11
SubdivisionLanding At Eden Lake The
Land UseResidential
Legal DescriptionLANDING AT EDEN LAKE THE BLOCK A LOT 11
Census Tract113516
Assessed Land Value$140,000
Assessed Improvement Value$375,000
Assessment Year2025

About this property

Gorgeous custom home with stunning lake view located in the gated community of Landing at Eden Lake. One owner home is in immaculate condition. Beautiful hardwood and terrazzo floors. Light and bright with large windows looking out to the beautiful yard. Spacious master with sitting area and spa like bath. Bonus room upstairs is perfect for living, game, media or guest space. Backyard private oasis is perfect for entertaining. New interior paint and carpet. New high end GE SS kitchen appliances. New garage doors and openers. Solid wood interior doors! New designer lighting throughout house. Bose Lifestyle 12 entertainment system in living. Conveniently located off of 121 between Dallas and Fort Worth.

Investor Tools

Property Icon
$574,000
Estimated Property Value
$327,833Estimated Mortgage Balance
$246,167Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,444 /month
Positive
Cash Flow Estimate:
$1,148 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$836/month
$575/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,161
$515,000
2025
$140,000
$375,000
$515,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,161
$515,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$376,000
No
First
Nov 22, 2019
Dec 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$327,833
$246,167
42%
57%
$2,255/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,030/mo
$2,830/mo
+$200/mo
6.3%

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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1007 Drake Drive | Property Details | No Agent List