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$253,000

NAL Estimated Property Value

1108 Paula Lane, Euless, TX, 76040

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths962 Sq Ft
price_per_sqft$181.91 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range
FlooringLaminate

Exterior

Lot Size8,168 sqft

Building Information

Year Built1961
Stories1
Garage Spaces2

Land Information

APN2040-4-1
Lot Number1
SubdivisionBell-Hi Addition
Land UseResidential
Legal DescriptionBELL-HI ADDITION BLOCK 4 LOT 1
Census Tract113511
Assessed Land Value$50,000
Assessed Improvement Value$195,652
Assessment Year2025

About this property

Awesome property in ideal location. Close to freeways without hearing the sounds of them, close to DFW airport, and local shopping. Inviting front porch is perfect for enjoying your neighborhood, or enjoy the large backyard that has plenty of room for a pool and still have plenty left. Would be the perfect rental, or great home for a homebuyer looking for instant equity. Home has all hard surfaces throughout, which include wood flooring and ceramic tile in the baths. Home to be sold as-is with no treatments or repairs. Final contract acceptance is subject to approval by First Financial Trust interim committee and Tarrant County Probate Court 1

Investor Tools

Property Icon
$253,000
Estimated Property Value
$149,511Estimated Mortgage Balance
$103,489Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,518 /month
Positive
Cash Flow Estimate:
$506 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$311/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,471
$245,652
2025
$50,000
$195,652
$245,652
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,471
$245,652

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$166,840
No
First
Oct 17, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,511
$103,489
40%
59%
$1,032/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,032/mo
+$895/mo
9.1%

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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1108 Paula Lane | Property Details | No Agent List