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$249,900

506 Sunset Drive, Euless, TX, 76040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,854 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.79 / sqft
Year BuiltBuilt in 1961

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, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile, Laminate

Exterior

Lot Size13,765 sqft

Building Information

Year Built1961
Stories1
Garage Spaces2

Land Information

APN31000-12-21
Lot Number21
SubdivisionOakwood Terrace Addn-Euless
Land UseResidential
Legal DescriptionOAKWOOD TERRACE ADDN-EULESS BLOCK 12 LOT 21
Census Tract113513
Assessed Land Value$60,000
Assessed Improvement Value$267,022
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED HIGHEST AND BEST OFFERS DUE MONDAY AUGUST 3RD BY 6PM Gorgeous home privately tucked away in the quiet Oakwood Terrace subdivision. This lovely home includes wonderful flooring updates with 2 spacious living areas, updated HUGE breakfast bar open to the elegant dining area, and an enormous backyard situated shaded with lots of trees on an over-sized lot! Homes in this area have easy access to major highways, shopping, dining, and DFW Airport. You won't want to miss this one, it will go fast!

Investor Tools

Property Icon
$329,000
Estimated Property Value
$0Estimated Mortgage Balance
$109,598Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,974 /month
Positive
Cash Flow Estimate:
$658 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$497/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,314
$327,022
2025
$60,000
$267,022
$327,022
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,314
$327,022

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$246,453
No
First
Sep 15, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,402
$109,598
33%
67%
$1,478/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,478/mo
+$449/mo
7.0%

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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506 Sunset Drive | Property Details | No Agent List