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$287,167

NAL Estimated Property Value

711 Shelmar Dr, Euless, TX, 76039

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,109 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$216.41 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Gas Water Heater, Microwave
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size7,244 sqft

Building Information

Year Built1967
Stories1
Garage Spaces2

Land Information

APN16205-9-8
Lot Number8
SubdivisionGreen Hills Park Addition
Land UseResidential
Legal DescriptionGREEN HILLS PARK ADDITION BLOCK 9 LOT 8
Census Tract113516
Assessed Land Value$60,000
Assessed Improvement Value$227,167
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED. Seller is accepting back up offers. When location and price matter, this home delivers. Ideally situated within walking distance to the elementary school and just a short drive to the high school, convenience is at your doorstep. With easy access to Hwy 121 and 360, commuting is simple and shopping, dining, coffee spots, golfing, parks, and DFW Airport are all nearby. Enjoy peaceful mornings and relaxing evenings in the private backyard, surrounded by the sounds of nature. Perfect for a starter home, growing family, or those looking to downsize, this property offers a great opportunity to make it your own. With a few personal updates and your own style, you can truly bring this home to life. A great value in a prime location, don’t miss your chance to see the potential.

Investor Tools

Property Icon
$287,167
Estimated Property Value
$324,494Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,723 /month
Positive
Cash Flow Estimate:
$574 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$220/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,198
$287,167
2025
$60,000
$227,167
$287,167
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,198
$287,167

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Advisors Group
Reverse Mortgage / Hecm
$360,000
No
First
Jan 21, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$324,494
N/A
0%
113%
$1,472/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,450/mo
$1,472/mo
+$978/mo
10.2%

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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711 Shelmar Dr | Property Details | No Agent List