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$449,000

605 Erica Ln, Euless, TX, 76039

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,325 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.12 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater
FlooringCeramic Tile, Vinyl

Exterior

Lot Size6,874 sqft

Building Information

Year Built2004
Stories2
Garage Spaces2

Land Information

APN25975-A-14
Lot Number14
SubdivisionMidway Square Addition
Land UseResidential
Legal DescriptionMIDWAY SQUARE ADDITION BLOCK A LOT 14
Census Tract113510
Assessed Land Value$90,000
Assessed Improvement Value$237,000
Assessment Year2025

About this property

Welcome to this beautifully updated home in the heart of Euless! Every detail has been thoughtfully refreshed, offering modern comfort with timeless charm. Step inside to find a bright, open floor plan with fresh finishes and abundant natural light throughout. The home is highlighted by four skylights, creating an airy and inviting atmosphere. The fully renovated kitchen boasts sleek cabinetry, quartz countertops, stainless steel appliances, and a spacious island perfect for entertaining. The living area is anchored by a cozy fireplace and accented with wood beams for added character. Bathrooms have been tastefully updated with contemporary fixtures and finishes. Enjoy easy access to major highways, making commuting and exploring the DFW area a breeze. This move-in ready home offers both style and convenience in a highly desirable location.

Investor Tools

Property Icon
$444,000
Estimated Property Value
$379,000Estimated Mortgage Balance
$69,419Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,694 /month
Positive
Cash Flow Estimate:
$898 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$553/month
$425/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,418
$327,000
2025
$90,000
$237,000
$327,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,418
$327,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Va
$379,000
Yes
First
Sep 15, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$374,581
$69,419
15%
84%
$2,273/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,450/mo
$2,698/mo
$-248/mo
6.6%

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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