MULTIFAMILYRADAR
15-Unit Multifamily in Euless, TX, photo 1
$2,575,000

15-Unit Multifamily in Euless, TX

TX · listed Jul 17, 2026 (103 days)

Price per unit compared
This property$172K
Within ~40 mi (151)$133K
Texas median (1,196)$92K
$/unit
$171,667
▲ 86% vs TX · 82nd pct
Cap rate
—
 
NOI
$10K
$667/unit/yr
Units
15
1 bldg · 1985

Financials

Asking price
$2,575,000
Price per unit
$171,667
Price per sq ft
$184
Gross rent / year
Not stated
Net operating income
$9,999
NOI per unit
$667
Cap rate
Not stated
Gross yield
Not stated
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
15
Unit mix
thirteen one-bedroom apartments and two two-bedroom apartments
Buildings
1
Year built
1985
Building size
13,969 sq ft
Avg unit size
931 sq ft
Lot size
Not stated
Condition
Not stated

Deal terms

Owner financing
Not stated

Listing

Listed
Jul 17, 2026
Days on market
103 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1887

About this property

Positioned in the heart of the Mid-Cities, this 15-unit apartment property offers investors a compelling combination of scale, location, and an established residential setting. The property’s central location, manageable unit count, varied floor plans, and established multifamily configuration may appeal to investors seeking an income-producing asset with the ability to evaluate operations, rents, expenses, occupancy, and future improvement strategies according to their own investment objectives. Tucked along a quiet, secluded street surrounded by mature trees, the community is near a greenbelt and community pool, creating an appealing residential atmosphere for tenants. The property contains approximately 13,969 square feet on approximately 1.205 acres and includes a practical unit mix of thirteen one-bedroom apartments and two two-bedroom apartments. Approximately 30 on-site parking spaces include covered, assigned, open, and guest parking options. Ideally positioned for resident convenience, the property is (just around the corner) approximately 0.1 mile from Arbor Creek Elementary, 0.9 mile from Euless Junior High and 1.3 miles from Trinity High School, with grocery shopping, restaurants, coffee shops and neighborhood retail available within approximately one mile. Multiple Euless parks and recreation destinations are also located within roughly two miles. The Euless location provides convenient access to DFW International Airport, Highway 360, major thoroughfares, employment centers, and destinations throughout DFW. At a time when elevated ownership costs continue to keep many households in the rental market, an established apartment property near jobs, transportation, schools, and everyday services may offer the kind of practical housing tenants consistently seek. Buyer and buyer’s agent should independently verify all information.

Location

Approximate area. The exact address is shared on request.

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