
15-Unit Multifamily in Euless, TX
TX · listed Jul 17, 2026 (103 days)
- $/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.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Arlington, TX▼ 11% cutHigh yieldValue-add | $1.32M | $166K$166K | 17.2%gy |
▼ 5% cutValue-add | $9.5M | $207K$207K | — |
Hurst, TXNew | $9.5M | $207K$207K | — |
| Irving, TX NewValue-add | $1.05M | $131K$131K | — |
▼ 4% cutHigh yieldValue-add | $1.47M | $183K$183K | 8.3% |
| Irving, TX NewValue-add | $1.05M | $131K$131K | — |

