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$358,937

NAL Estimated Property Value

515 Bayberry Ln, Euless, TX, 76039

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,459 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$250.17 / sqft
Year BuiltBuilt in 1985

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, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Laminate

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size7,810 sqft

Building Information

Year Built1985
Stories2
Garage Spaces2

Land Information

APN7338-K-23
Lot Number23
SubdivisionCinnamon Ridge
Land UseResidential
Legal DescriptionCINNAMON RIDGE BLOCK K LOT 23
Census Tract113520
Assessed Land Value$89,700
Assessed Improvement Value$269,237
Assessment Year2025

About this property

Click the Virtual Tour link to view the 3D walkthrough. Welcome to this charming two-story home nestled in the desirable Cinnamon Ridge neighborhood, awaiting its new owners. Conveniently situated near Bear Creek Golf Club and quick access to major roads ; enjoy an easy commute to everything you need. As you step inside, you're greeted by a sunlit living room boasting soaring ceilings, creating an airy and inviting atmosphere. An attached dining area and bonus sun room provide ample space for gatherings and leisure. The kitchen is a chef's delight, offering generous cabinet storage, granite countertops, and a delightful breakfast nook adorned with bay windows. The primary suite is thoughtfully tucked away on the main level for added privacy, with two additional bedrooms upstairs. Outside, the beautifully landscaped backyard is a tranquil oasis, complete with shade trees and a handy shed, perfect for storing tools or outdoor equipment. Don't miss it!

Investor Tools

Property Icon
$358,937
Estimated Property Value
$346,622Estimated Mortgage Balance
$12,315Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$427/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,334
$358,937
2025
$89,700
$269,237
$358,937
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,334
$358,937

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$358,388
Yes
First
Jul 16, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$346,622
$12,315
3%
97%
$2,149/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,450/mo
$2,149/mo
+$301/mo
8.2%

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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515 Bayberry Ln | Property Details | No Agent List