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$524,000

NAL Estimated Property Value

1301 Tanglewood Trail, Euless, TX, 76040

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,429 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$117.33 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Double Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Other, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size12,650 sqft

Building Information

Year Built1962
Stories1
Garage Spaces2

Land Information

APN26840-3-4
Lot Number4
SubdivisionMorrisdale Addition
Land UseResidential
Legal DescriptionMORRISDALE ADDITION BLOCK 3 LOT 4
Census Tract113619
Assessed Land Value$90,000
Assessed Improvement Value$401,400
Assessment Year2025

About this property

This home with outstanding curb appeal presents an amazing opportunity to own a beautifully treed property in highly desirable Morrisdale Estates. The backyard is paradise found with large deck, two covered areas – one for grilling and another with a hot tub; there is a green house and RV or boat pad. The interior of the property is a blank slate, which you can tailor to your own unique tastes. Close to DFW airport, Globe Life Park, AT&T Stadium, Six Flags, Grapevine and a nearby TRE stop, this property has a wonderful location to access anywhere in the Metroplex. Charming curb appeal, beautiful landscaping and location…this home offers important attributes that are unique and nearly impossible to replicate.

Investor Tools

Property Icon
$524,000
Estimated Property Value
$218,090Estimated Mortgage Balance
$305,910Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,144 /month
Positive
Cash Flow Estimate:
$1,048 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$691/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,676
$491,400
2025
$90,000
$401,400
$491,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,676
$491,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Inc
Stand Alone First / Home Equity First Lien
$249,600
No
First
Dec 30, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,090
$305,910
58%
42%
$1,497/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,597/mo
+$330/mo
4.4%

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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1301 Tanglewood Trail | Property Details | No Agent List