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$343,000

NAL Estimated Property Value

502 Bayberry Ln, Euless, TX, 76039

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,271 Sq Ft
price_per_sqft$255.63 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Tile

Exterior

Lot Size7,484 sqft

Building Information

Year Built1984
Stories1
Garage Spaces2

Land Information

APN7338-L-11
Lot Number11
SubdivisionCinnamon Ridge
Land UseResidential
Legal DescriptionCINNAMON RIDGE BLOCK L LOT 11
Census Tract113520
Assessed Land Value$85,900
Assessed Improvement Value$247,802
Assessment Year2025

About this property

Charming updated home in GCISD! This lovely home features: a great sized primary bedroom with walk in closet and ensuite bathroom on back side of home, 2 additional guest bedrooms, a second full bathroom, a large living room with brick wood burning fireplace and wetbar, separate dining space open to kitchen, kitchen includes granite countertops and stainless steel appliances, laundry area with built in cabinets, front facing 2 car garage, and large backyard with patio space ready for entertaining! Recent updates include NEW Class 3 architectural composite shingle Roof and Gutters in Dec 2023, fresh exterior paint and lighting, HVAC cleaned-serviced-new freon added, newer hot water heater, Interior: paint, granite countertops, stainless steel appliances, lighting, fans, hardware, carpet, mirrors, ceiling fans, all done in 2022. Home is in very close proximity to DFW Airport, major highways, retail, restaurants, parks and trails, and about 30 minutes from both downtown Fort Worth and Dallas areas. Do not miss the opportunity to make this your first-next home or rental property!

Investor Tools

Property Icon
$343,000
Estimated Property Value
$321,409Estimated Mortgage Balance
$21,591Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,058 /month
Positive
Cash Flow Estimate:
$686 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$400/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,089
$333,702
2025
$85,900
$247,802
$333,702
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,089
$333,702

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mega Capital Funding Inc
Conventional
$329,703
No
First
Dec 13, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$321,409
$21,591
6%
94%
$1,977/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,450/mo
$1,977/mo
+$473/mo
8.6%

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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502 Bayberry Ln | Property Details | No Agent List