TX > Euless > Monarch Condos
Euless, TX 76039,1501 Cedar Elm Drive
$2,500,000
$2,500,000
Est. payment /mo
0.67 Acres Lot
Sold on 04/30/2025

1501 Cedar Elm Drive Euless, TX 76039

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Georgia Garrett
Georgia Garrett

Agent | License ID: 0513743

+1(817) 291-7583

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Key Details

Sold Price $2,500,000

Property Type Multi-Family

Sub Type Multiple Single Units

Listing Status Sold

Purchase Type For Sale

Subdivision Monarch Condos

MLS Listing ID 20846052

Year Built 1995

Annual Tax Amount $34,420

Lot Size 0.666 Acres

Property Sub-Type Multiple Single Units

Property Description

Fully occupied an Exceptional Investment Opportunity in a Prime Location in Euless. Embark on a rewarding investment journey with this meticulously maintained property showcasing ten rental units, each thoughtfully designed with attached garages and abundant parking space. Set on an additional 0.13 acres to add 6 to 7 units, this property enjoys a strategic position in the Mid-Cities region, providing effortless access to the entire DFW Metroplex and a quick 15-minute drive to the DFW International Airport. Most units have been tastefully remodeled, boasting fresh paint, new fixtures, modern appliances, contemporary lighting features such as can lights and fans, luxurious wood-look vinyl flooring, and elegant quartz countertops in kitchens and bathrooms. All units have a refrigerator, washer, and dryer for added convenience. To seize this opportunity, kindly submit offers or Letters of Intent (LOI) along with proof of funds via email.

Location

State TX

County Tarrant

Community Community Sprinkler, Sidewalks

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Carpet, Luxury Vinyl Plank, Tile

Exterior

Exterior Feature Barbecue

Fence Wood

Community Features Community Sprinkler, Sidewalks

Utilities Available All Weather Road, Cable Available, City Sewer, City Water, Electricity Available, Individual Water Meter, Sewer Available, Sidewalk, Underground Utilities

Roof Type Shingle

Building

Lot Description Interior Lot, Irregular Lot

Story Two

Foundation Slab

Structure Type Brick

Schools

Elementary Schools Lakewood

High Schools Trinity

School District Hurst-Euless-Bedford Isd

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2025 North Texas Real Estate Information Systems.
Listed by Lalit Thakkar • Fathom Realty
Bought with Non-Mls Member • NON MLS

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agent

Georgia Garrett

Agent | License ID: 0513743

+1(817) 291-7583

Full Name
Phone*
Message
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1501 Cedar Elm Drive

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