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$475,000

1202 Driftwood Dr, Euless, TX, 76040

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths3 Bath
Baths3,143 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.13 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater
FlooringVaries

Building Information

Garage Spaces2

About this property

Nestled in the highly sought-after Morrisdale Estates neighborhood of Euless, this spacious and inviting home makes a striking first impression. Built in 1962, the stately residence is distinguished by its grand columned façade and sits on a generous lot of just over a quarter acre, offering both timeless character and exceptional curb appeal. Inside, the 3,143-square-foot floor plan is thoughtfully designed for comfortable living and entertaining. The primary suite is conveniently located on the main floor, providing privacy and ease of access. A sweeping staircase serves as the home's centerpiece, leading to four additional upstairs bedrooms, including one oversized room that could easily function as a second primary suite, guest retreat, or multigenerational living space. The home also features three full bathrooms and one half bath to comfortably accommodate family and guests. The expansive kitchen offers an abundance of cabinetry for storage and workspace, along with a convenient pass-through window that opens to a spacious dry bar area—perfect for entertaining indoors and out. Step outside to your private backyard, where a swimming pool and relaxing hot tub are enclosed by a capped board-on-board privacy fence, creating an ideal setting for both peaceful evenings and lively gatherings. Towering mature trees provide welcome shade over the circular driveway, enhancing the home's picturesque curb appeal while offering ample parking for family and visitors. In addition, a dedicated parking area alongside the home provides space for an RV, travel trailer, or boat, making this property as practical as it is beautiful. Conveniently located near shopping, dining, parks, and major highways, this property combines classic elegance and generous living spaces in one of Euless's most established neighborhoods. Careful consideration has been given to repairs that may be needed, and those are reflected in the price. Property being sold “AS IS”.

Investor Tools

$0Estimated Mortgage Balance
$565,229Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,391 /month
Positive
Cash Flow Estimate:
$1,130 /month

Interested in this property?

Doug Driggers

Taylor Realty Associates

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$923/month
No HOA
5.947%

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.

Explore Texas Explore This Area
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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1202 Driftwood Dr | Property Details | No Agent List