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$402,000

1511 Cedar Ridge Ter, Euless, TX, 76039

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,184 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.26 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Refrigerator, Vented Exhaust Fan, Washer
FlooringTile, Vinyl, Wood

Exterior

Exterior FeaturesStorage
Lot Size10,424 sqft

Building Information

Year Built1969
Stories1
Garage Spaces2

Land Information

APN36700-1-1
Lot Number1
SubdivisionRoyal Oaks Estates
Land UseResidential
Legal DescriptionROYAL OAKS ESTATES BLOCK 1 LOT 1
Census Tract113516
Assessed Land Value$65,000
Assessed Improvement Value$329,000
Assessment Year2025

About this property

Welcome to the established neighborhood of Royal Oaks Estates within a well rated school district. The charming ranch-style home nestled on an oversized corner lot, shaded with mature trees. This well-maintained home features a spacious living area with a fireplace, formal dining, granite countertops, stainless steel appliances, high-end vinyl wood style flooring throughout, split bedrooms with walk-in closets, a bonus room, and its own unique touches. Includes a large backyard that presents endless opportunities for outdoor activities, hosting barbecues or gatherings with friends and loved ones will be a breeze in this fantastic outdoor space with an extended patio, and storage shed. Extended parking pad allows for multiple vehicles or toys. Nearby, you'll find incredible shopping centers, restaurants, and parks. The property also benefits from its proximity to DFW Airport and highways, allowing for effortless commuting to surrounding areas. Come see this beautiful home for yourself!

Investor Tools

Property Icon
$402,000
Estimated Property Value
$108,100Estimated Mortgage Balance
$294,212Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,519 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$652/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,819
$394,000
2025
$65,000
$329,000
$394,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,819
$394,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$108,100
No
First
Mar 13, 2026
Apr 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,788
$294,212
73%
27%
$649/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,030/mo
$649/mo
+$2,381/mo
9.0%

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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1511 Cedar Ridge Ter | Property Details | No Agent List