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$425,000

NAL Estimated Property Value

1309 Driftwood Dr, Euless, TX, 76040

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,554 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.97 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Dishwasher, Disposal, Gas Cooktop, Microwave, Convection Oven
FlooringCarpet, Terrazzo, Wood

Exterior

Lot Size16,714 sqft

Building Information

Year Built1966
Stories2
Garage Spaces2

Land Information

APN26840-9-2
Lot Number2
SubdivisionMorrisdale Addition
Land UseResidential
Legal DescriptionMORRISDALE ADDITION BLOCK 9 LOT 2
Census Tract113619
Assessed Land Value$90,000
Assessed Improvement Value$201,893
Assessment Year2025

About this property

***HUGE PRICE REDUCTION*** This large home with outstanding curb appeal presents an amazing opportunity to own a beautifully treed property in highly desirable Morrisdale Estates. The interior boasts a beautifully updated custom kitchen with stainless steel appliances, high-end granite countertops and custom cabinets with pull out shelves. Additionally, there is beautiful hardwood flooring in most areas except the carpeted bedrooms. Spacious secondary bedrooms with walk-in closets are split from the primary suite for privacy and solitude. The extra large primary suite consists of 3 closets, walk-in tub, two separate vanities and a linen closet. The pièce de résistance of this property is the extensively terraced backyard with decking connecting the levels including a gazebo for entertaining. Close to DFW airport, Globe Life Field, 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
$425,000
Estimated Property Value
$0Estimated Mortgage Balance
$425,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,574 /month
Positive
Cash Flow Estimate:
$858 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$280/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,233
$291,893
2025
$90,000
$201,893
$291,893
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,233
$291,893

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$425,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
5.4%

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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1309 Driftwood Dr | Property Details | No Agent List