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$359,000

NAL Estimated Property Value

506 Evergreen Dr, Euless, TX, 76040

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,001 Sq Ft
price_per_sqft$197.4 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Luxury Vinyl Plank, Tile

Exterior

Exterior FeaturesLighting, Private Yard
Lot Size9,622 sqft

Building Information

Year Built1981
Stories1
Garage Spaces2

Land Information

APN44048-5-4
Lot Number4
SubdivisionTwin Creek Estates Addition
Land UseResidential
Legal DescriptionTWIN CREEK ESTATES ADDITION BLOCK 5 LOT 4
Census Tract113513
Assessed Land Value$70,000
Assessed Improvement Value$268,813
Assessment Year2025

About this property

You won't believe this fantastic location! Near 360 & Airport Freeway, just minutes from DFW Airport & AA Headquarters. Quick commute to all parts of the Metroplex. Fabulous 4 bedroom, located on a big corner lot with RV parking. Windows replaced for energy efficiency. Kitchen and both baths have been remodeled. Big party hot tub on a separate deck is sooooo soothing after a long day. Beautiful flooring throughout. Master bedroom and 4th bedroom have separate entrance to back deck. 2 large dining areas, and 2 big living areas laid out in a circle to offer maximum flow and room for a crowd. Master bath remodel includes dual sinks, double closets, and fabulous walk in shower. Clean, bright and ready to be your forever home! Sellers request a lenders letter of qualification or proof of cash funds with all offers.

Investor Tools

Property Icon
$359,000
Estimated Property Value
$0Estimated Mortgage Balance
$359,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$634/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,811
$338,813
2025
$70,000
$268,813
$338,813
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,811
$338,813

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$359,000
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
6.4%

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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506 Evergreen Dr | Property Details | No Agent List