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$449,990

2200 Mcdowell Dr, Euless, TX, 76039

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,312 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.63 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size11,896 sqft

Building Information

Year Built1983
Stories2
Garage Spaces2

Land Information

APN27355-K-20
Lot Number20
SubdivisionMc Cormick Farm Addition
Land UseResidential
Legal DescriptionMC CORMICK FARM ADDITION BLOCK K LOT 20
Census Tract113519
Assessed Land Value$136,600
Assessed Improvement Value$311,437
Assessment Year2025

About this property

Well treed lot with lots of space in the backyard. Primary bedroom with private bath, and a secondary large bedroom upstairs. Near ample trails and parks. Prime location, centrally located in the metroplex for easy entertainment access and commuting, and in a family friendly neighborhood. Modern open kitchen and living area layout. Good natural light. The house has a smart AC system that is powerful enough to keep the house in the 60s during the summer. Fridge, Washer and Dryer convey with acceptable offer.

Investor Tools

Property Icon
$448,037
Estimated Property Value
$436,939Estimated Mortgage Balance
$18,792Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$534/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,162
$448,037
2025
$136,600
$311,437
$448,037
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,162
$448,037

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primary Residential Mortgage Inc
Fha
$436,939
Yes
First
May 22, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$429,245
$18,792
4%
96%
$2,620/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,450/mo
$2,620/mo
$-170/mo
6.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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