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A+
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$318,000

406 Slaughter Lane, Euless, TX, 76040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,677 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.17 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesStorage
Lot Size10,202 sqft

Building Information

Year Built1963
Stories1
Garage Spaces2

Land Information

APN30400-7-10
Lot Number10
SubdivisionOak Crest Estates
Land UseResidential
Legal DescriptionOAK CREST ESTATES BLOCK 7 LOT 10
Census Tract113513
Assessed Land Value$65,000
Assessed Improvement Value$215,000
Assessment Year2025

About this property

Precious affordable gem in the heart of Euless with easy access to Dallas & Ft Worth. Spacious open floor plan is light & airy. Dream kitchen with granite, gas cooking, stainless appliances, incredible storage with tall cabinets and pantry. Rich laminate flooring in living, dining & high traffic areas. Newer designer carpet. Ceramic tile in kitchen & baths. Both bathrooms are beautiful featuring a walk-in master shower and upgraded tiled bath-shower in hall bath. Large secondary bedrooms and a second living area offer ample room for comfort. Shaded yard and cozy covered back deck for peaceful outdoor living. Extra storage in garage as well as a newer shed in the backyard. Plenty of room to roam in backyard.

Investor Tools

Property Icon
$318,000
Estimated Property Value
$0Estimated Mortgage Balance
$119,938Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,908 /month
Positive
Cash Flow Estimate:
$636 /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
$4,819
$280,000
2025
$65,000
$215,000
$280,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,819
$280,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Fha
$218,556
Yes
First
Jun 24, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,062
$119,938
37%
62%
$1,311/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,311/mo
+$616/mo
7.3%

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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406 Slaughter Lane | Property Details | No Agent List