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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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501 Arbor Creek Dr , Euless, TX 76039
$2,575,000
Est. Payment: $13,257.22/mo
1 Bed
1.5 Bath
13969 Sqft
Status: active | Days on site: 38
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

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.

Highlights

Listed by Joleen Skipworth , Real Estate By Pat Gray , North Texas Real Estate Information Systems

Property Type

Multi-Family

Lot/Acreage
1.2

HOA Fee

1389 Monthly

Year Built

1985

County

Tarrant

Neighborhood

Arbor Glen Add

School District

Hurst-Euless-Bedford ISD

Listing ID

21334170

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:1.5
  • Full Bathrooms:1
  • 1/2 Bathrooms:1
Appliances:Dishwasher, Electric Oven, Refrigerator
Air Cond:Ceiling Fan(s),Central Air,Electric
Fireplaces:Living Room,Wood Burning
Floor:Carpet,Linoleum,Luxury Vinyl Plank
Other:
  • Additional:Cable TV Available, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available, Open Floorplan, Vaulted Ceiling(s)

Exterior Features

Garage Capacity:30
Roof:Asphalt
Others:
  • Additional:Preowned
Parking Features:Additional Parking,Assigned,Covered,On Site,Open
Principal Interest
$13,257
Taxes
$1,642
HOA
$1,389

Home Price

$2,575,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$515,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$13,257.22

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $13,257.22 $1,641.56 $1,389.00 $16,287.78
Yearly $159,086.62 $19,698.75 $16,668.00 $195,453.37
Total $4,772,598.58 $590,962.50 $500,040.00 $5,863,601.08

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Euless, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T19:21:47.893Z

© 2026 North Texas Real Estate Information Systems