1501 Cedar Elm Dr
Euless, TX 76039
- Studio
- 16 Baths
- 10,200 sqft (on 0.67 acres)
Studio
16 Baths
10,200 sqft
(on 0.67 acres)
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1995
Lot Size
0.67 acres
Living Area
10,200 sqft
Price/Sqft
$250
Parking
Attached Garage
About this House
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.
1501 Cedar Elm Dr, Euless, TX 76039 is a studio, 16 bathroom, 10,200 sqft multi-family built in 1995. It last sold for the $2,500,000 asking price on Apr 30, 2025. More recently, it was listed as a rental in August 2018 with an asking price of $1,275 per month. That rental listing was removed on September 14, 2018. It is currently off market. The Trulia Estimate is $2,553,300, with a rent estimate of $2,057/month.
Home Details for 1501 Cedar Elm Dr
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Beds & Baths Number of Bathrooms: 16 |
Appliances & Utilities Utilities: Cable Available, Electricity Available, Sewer Available, Separate Meters, Underground Utilities, Water AvailableAppliances: Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator, WasherDishwasherDisposalDryerMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Central,ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),ElectricHas HeatingHeating Fuel: Central |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Window: Window CoveringsFlooring: Carpet, Luxury Vinyl Plank, Tile |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Carpet, Luxury Vinyl Plank, Tile |
Security Security: Carbon Monoxide Detector(s) |
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Exterior Home Features Roof: ShingleFencing: WoodExterior: BarbecueFoundation: Slab |
Parking & Garage Has a GarageHas an Attached GarageParking Spaces: 10Parking: Door-Single,Garage,Garage Door Opener |
Pool Pool: None |
Frontage Road Frontage: All Weather RoadNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 324 |
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Year Built Year Built: 1995 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Brick |
Property Information Parcel Number: 06800017 |
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Price List Price: $2,500,000 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: EulessCommunity: Monarch Condos |
School Information Elementary School: LakewoodElementary School District: Hurst-Euless-Bedford ISDJr High / Middle School District: Hurst-Euless-Bedford ISDHigh School: TrinityHigh School District: Hurst-Euless-Bedford ISD |
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Building Area Building Area: 10200 Square Feet |
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Community Features: SidewalksNot Senior Community |
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No HOA |
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Lot Area: 0.67 acres |
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Listing Terms: Cash, Conventional, 1031 Exchange |
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Mls Number: 20846052Living Area Range Units: Square FeetAttribution Contact: 888-455-6040Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48439-N-06800017-R-N |
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Sidewalks |
Last check for updates: about 1 hour ago
Listed by Lalit Thakkar 0682603, (888) 455-6040
Fathom Realty, (888) 455-6040
Bought with: Non-Mls Member, NON MLS, (999) 999-9999
Source: NTREIS, MLS#20846052
Price History for 1501 Cedar Elm Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 04/30/2025 | -- | Sold | NTREIS #20846052 |
| 04/29/2025 | $2,500,000 | Pending | NTREIS #20846052 |
| 03/24/2025 | $2,500,000 | Contingent | NTREIS #20846052 |
| 02/17/2025 | $2,500,000 | Listed For Sale | NTREIS #20846052 |
| 02/16/2025 | $2,850,000 | ListingRemoved | NTREIS #20592668 |
| 09/23/2024 | $2,850,000 | PriceChange | NTREIS #20592668 |
| 05/01/2024 | $3,200,000 | Listed For Sale | NTREIS #20592668 |
| 10/18/2022 | -- | Sold | NTREIS #20135831 |
| 08/31/2022 | $1,764,000 | Pending | NTREIS #20135831 |
| 08/08/2022 | $1,764,000 | Listed For Sale | NTREIS #20135831 |
| 09/14/2018 | $1,195 | ListingRemoved | Agent Provided |
| 09/11/2018 | $1,195 | PriceChange | Agent Provided |
| 08/30/2018 | $1,275 | Listed For Rent | Agent Provided |
| 01/15/2017 | $895 | ListingRemoved | Agent Provided |
| 03/22/2016 | $875 | ListingRemoved | Agent Provided |
| 03/18/2016 | $875 | PriceChange | Agent Provided |
| 03/10/2016 | $950 | Listed For Rent | Agent Provided |
| 12/23/2015 | $935 | ListingRemoved | Agent Provided |
| 12/07/2015 | $935 | Listed For Rent | Agent Provided |
| 09/18/2015 | $1,125 | ListingRemoved | Agent Provided |
| 09/14/2015 | $1,125 | PriceChange | Agent Provided |
| 08/26/2015 | $895 | Listed For Rent | Agent Provided |
Market trends in Euless
Last updated June 2026
Avg. sale price
$368K
$2.3KMoM
Sale-to-List Price
99.2%
0.1%MoM
Price per sq ft
$208
$5MoM
Available listings
110
7MoM
Comparable Sales for 1501 Cedar Elm Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.50 | Multi-Family Home | - | 06/09/26 | 40 | 24 | 18,840 | |
4.85 | Multi-Family Home | - | 06/23/26 | 4 | 4 | 3,308 | |
5.32 | Multi-Family Home | - | 08/27/25 | 8 | 8 | 4,252 | |
5.22 | Multi-Family Home | - | 07/31/26 | 6 | 4 | 2,964 | |
5.26 | Multi-Family Home | - | 04/24/26 | 6 | 4 | 3,410 | |
5.52 | Multi-Family Home | - | 10/16/25 | 10 | 5 | 4,302 | |
5.53 | Multi-Family Home | - | 12/17/25 | 6 | 3 | 2,370 | |
5.96 | Multi-Family Home | - | 11/17/25 | 8 | 6 | 4,340 | |
6.14 | Multi-Family Home | - | 07/23/26 | 8 | 8 | 4,368 | |
6.07 | Multi-Family Home | - | 08/26/25 | 8 | 6 | 4,052 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1501 Cedar Elm Dr.
What Locals Say about Euless
At least 558 Trulia users voted on each feature.
89 % Say it's dog friendly
88 % Say car is needed
79 % Say there are sidewalks
78 % Say parking is easy
69 % Say there's holiday spirit
68 % Say it's quiet
67 % Say yards are well-kept
66 % Say kids play outside
63 % Say people would walk alone at night
60 % Say streets are well-lit
56 % Say they plan to stay for at least 5 years
46 % Say it's walkable to grocery stores
45 % Say neighbors are friendly
38 % Say there's wildlife
34 % Say it's walkable to restaurants
24 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Frequently asked questions about 1501 Cedar Elm Dr
- What is 1501 Cedar Elm Dr estimated to be worth?Trulia's estimated value for 1501 Cedar Elm Dr in Euless, TX is $2,553,300.
- What is the price history for 1501 Cedar Elm Dr?1501 Cedar Elm Dr in Euless, TX last sold in April 2025.
- Is Euless a buyer's or seller's market?Euless is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Euless?The median sale price in Euless is $368K. That is down $2.3K from the prior month.
- Does 1501 Cedar Elm Dr have air conditioning?Yes, 1501 Cedar Elm Dr in Euless, TX has air conditioning.
- Does 1501 Cedar Elm Dr have laundry facilities?Yes, 1501 Cedar Elm Dr in Euless, TX has in-unit laundry.
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