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$569,000

NAL Estimated Property Value

1306 Driftwood Dr, Euless, TX, 76040

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,153 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.37 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Off-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Gas Water Heater, Microwave

Exterior

Lot Size12,410 sqft

Building Information

Year Built1963
Stories1
Garage Spaces2

Land Information

APN26840-8-12
Lot Number12
SubdivisionMorrisdale Addition
Land UseResidential
Legal DescriptionMORRISDALE ADDITION BLOCK 8 LOT 12
Census Tract113619
Assessed Land Value$90,000
Assessed Improvement Value$343,213
Assessment Year2025

About this property

PRICE REDUCTION! A spectacular high end remodel in the highly desirable Morrisdale Estates...if you know, you know! With only two entrances this is a secluded, quiet, and community driven area with great schools! Mature tree lined streets with rolling terrain define this established neighborhood! You will be in awe as you drive up to this gorgeous one story ranch style home, that proudly sits on an elevated lot, offering scenic views thru the new picture windows. Here we have the ideal split floorplan which also boasts a mother in law suite including a full bath!! This STUNNING remodel will take your breath away as your eyes take in the modern neutral colors, gorgeous new windows, luxury vinyl plank flooring, custom kitchen cabinets, quartz countertops, recessed lighting, 5 inch baseboards, and more. With all of the modern updates the seller did not miss the boat by restoring the original brass doorknobs! A very nice touch. The very spacious sunroom, filled with natural light, includes a wet bar, that looks out on the tranquil backyard. You won't find builder grade materials here! No expense was spared on this designer inspired remodel. HUGE bonus...the plumbing under the house has been replaced!! A great floorplan that is ideal for entertaining with the kitchen opening up to the living room and sunroom. This home captures the essence of a traditional ranch-style home with large bedrooms and closets, tons of storage space, a sprawling landscape plus a beautiful covered front porch. Dreamy laundry room with a full size sink! This lot is beyond beautiful and tranquil!! Oversized attached garage with extra covered parking on side of house. Such a RARE find and a MUST SEE in person!! Pictures absolutely do not do this house and neighborhood justice!! Truly a HIDDEN GEM!! House appraises at original list price! Please pardon our mess as Pipeline is currently under construction but we sure are glad they are improving it by widening the street. Thank you!

Investor Tools

Property Icon
$569,000
Estimated Property Value
$370,627Estimated Mortgage Balance
$198,373Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$356/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,423
$433,213
2025
$90,000
$343,213
$433,213
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,423
$433,213

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Edward C Liebman
Stand Alone First / Home Equity First Lien
$375,000
No
First
Sep 11, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$370,627
$198,373
34%
65%
$2,249/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$2,249/mo
$-322/mo
4.1%

City: Euless

1306 Driftwood Dr | Property Details | No Agent List