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$449,900

511 Renee Dr, Euless, TX, 76040

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,131 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.12 / sqft
Year BuiltBuilt in 2004

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, Electric Range
FlooringCeramic Tile, Laminate

Exterior

Lot Size6,595 sqft

Building Information

Year Built2004
Stories1
Garage Spaces2

Land Information

APN30874K-A-38
Lot Number38
SubdivisionOakridge Estates
Land UseResidential
Legal DescriptionOAKRIDGE ESTATES BLOCK A LOT 38
Census Tract113511
Assessed Land Value$70,000
Assessed Improvement Value$352,000
Assessment Year2025

About this property

Great location. Check out this wonderful home. All one level and very clean. Kitchen opens to living room with fireplace. As you enter home there is a formal living or game room and dining room. 4 bedrooms with the Master separate for privacy. Very spacious and open feeling. Sellers have been prepping this home for new owners. Very clean and well kept home. Beautiful decorative paint. Solid surface flooring. High ceilings. Stainless steel dishwasher. Built in microwave. Breakfast bar. Fenced backyard and the fence is in very good condition. Master closet is very spacious with high ceilings and room for an off season 3rd clothes rod. Upgraded Stone facade in front for a great drive up appeal. It is obvious sellers have really cared for this home. Original MLS listing many years ago shows higher square footage.

Investor Tools

Property Icon
$430,000
Estimated Property Value
$394,200Estimated Mortgage Balance
$57,486Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,699 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$734/month
$280/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,664
$422,000
2025
$70,000
$352,000
$422,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,664
$422,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Petra Mortgage Llc
Conventional
$394,200
No
First
May 5, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$372,514
$57,486
13%
87%
$2,364/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$2,644/mo
$-717/mo
5.4%

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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