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$265,000

NAL Estimated Property Value

98 Winchester Drive, Euless, TX, 76039

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,200 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$154.17 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Refrigerator
FlooringCarpet, Ceramic Tile

Building Information

Year Built1983
Stories2

Land Information

APN27355----L---98---40
Lot Number98
SubdivisionMc Cormick Farm Addition
Land UseResidential
Legal DescriptionMC CORMICK FARM ADDITION BLOCK L LOT 98 & PART OF COMMON AREA
Census Tract113519
Assessed Land Value$50,000
Assessed Improvement Value$206,406
Assessment Year2025

About this property

Better seen than said! This illustrious 2 bedroom 1.1 bath home in Mc Cormick Farm comes to life the moment you walk in. This home is one of the largest floor plans in the community boasting a spacious 1200 square feet. The community has an oversized pool and is centrally located in the DFW. Less than 10 minutes from the DFW airport and only 7 mins from dining, shopping, entertainment in the beautiful Glade Parks development. The home is minutes walking away from Bob Eden Park which has sand volleyball courts, open air pavilions, playgrounds, and running and biking trails. Also, only 25 minutes from Downtown Dallas and Downtown Fort Worth. Come experience the DFW and all it has to offer.

Investor Tools

Property Icon
$265,000
Estimated Property Value
$0Estimated Mortgage Balance
$265,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$262/month
$237/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,821
$256,406
2025
$50,000
$206,406
$256,406
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,821
$256,406

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$265,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,850/mo
$237/mo
+$1,613/mo
8.4%

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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98 Winchester Drive | Property Details | No Agent List