100% occupied cash-flowing portfolio of investment properties that consists of 7 houses all individually deeded with 1 located in Euless and 6 located in Mesquite and within walking distance of schools and parks. Current ownership has spent over $520,000 in recent capital improvements. All the units are well maintained with a mix built in the '50s and0 ’60s and stay full with long-term renters. Each unit is individually metered for electricity and water. The units consist of six 3-bedrooms and one 4-bedroom and average 1,366sf. The houses offer driveways, covered parking on select units, and private fenced back yards. The units rent for $1,543 per mo. on average and tenants pay the utilities individually.
- MLS# 14559000
- Date Listed04/21/2021
- Bedrooms 22
- Bathrooms 11 Full baths, 1 Half baths
- Lot Size 0.22 acres (9,496 sq. ft)
- Sewer City Sewer
- Subdivision Oak Crest Estates
- Property Type Multi-Family
- County Tarrant
- Year Built 1960
- Water City Water
Interior Features
- Appliances Built-in Microwave, Cooktop - Electric, Cooktop - Gas
- Flooring Vinyl, Carpet
- Cooling Central Air
- Heating Electric Heating
Exterior / Lot Features
- Exterior Covered Deck, Covered Porch(es), Gutters
- Roof Composition
- Lot Size Acres 0.22
- Lot Size SQFT 9,496.08
- Lot Features Acreage, Corner, Landscaped, Lrg. Backyard Grass, Some Trees
Directions
From 360 go to FAA Blvd and go west, then Left on E Huitt, Right on Dickey, Left on Slaughter and Right on John Vernon
Financial Considerations
- Tax Amount $3,059
- Terms Cash, Conventional, FHA, VA Loan
Nearby Schools
Source: School Digger
Public • PK - 6 • Serves this home
3.76 mi
Distance
Public • 7 - 9 • Serves this home
5.05 mi
Distance
Public • 10 - 12 • Serves this home
4.94 mi
Distance
South Euless Elementary School
Public • PK - 6
0.35 mi
Distance
Public • PK - 6
1.19 mi
Distance
Oakwood Terrace Elementary School
Public • PK - 6
0.88 mi
Distance
Public • PK - 6
0.97 mi
Distance
North Euless Elementary School
Public • PK - 6
1.44 mi
Distance
Public • PK - 6
2.02 mi
Distance
Public • PK - 6
2.45 mi
Distance
Public • PK - 5
2.68 mi
Distance
Public • PK - 6
3.69 mi
Distance
Spring Garden Elementary School
Public • PK - 6
3.67 mi
Distance
Public • 7 - 9
0.97 mi
Distance
Harmony Science Academy - Euless
Public • 6 - 12
1.45 mi
Distance
Public • 7 - 9
2.84 mi
Distance
Public • 6 - 8
4.41 mi
Distance
Public • 7 - 8
4.37 mi
Distance
Public • 7 - 9
3.86 mi
Distance
Public • 6 - 8
4.38 mi
Distance
Shackelford Junior High School
Public • 7 - 8
5.4 mi
Distance
Public • 7 - 9 • Serves this home
5.05 mi
Distance
Public • 6 - 8
5.29 mi
Distance
Public • 10 - 12
1.51 mi
Distance
Buinger Technical Education Center
Public • 10 - 12
3.21 mi
Distance
Public • 9 - 12
3.3 mi
Distance
Colleyville Heritage High School
Public • 9 - 12
4.41 mi
Distance
Public • 10 - 12 • Serves this home
4.94 mi
Distance
The Bridges Academy Alternative School
Public • 9 - 12
5.85 mi
Distance
Private • 02 - 11
2.84 mi
Distance
Private • PK - 12
3.8 mi
Distance
Private • PK - 12
3.82 mi
Distance
Private • KG - 12
4.83 mi
Distance
Private • PK - 12
5.02 mi
Distance
Sales & Tax History
Source: Public Records
Year | Total Assessments |
---|---|
2022 | |
2021 | |
2020 | |
2018 | |
2017 | |
2015 | |
2013 | |
2012 |
Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
---|---|---|---|---|---|---|
1003 Old Iron Bend | Listing | 3 | 3 | Apr 09, 2024 | $449,000 | Mar 21, 2024 | $434,812 |
3708 Cobblestone Court | Listing | 4 | 4 | Mar 19, 2024 | $624,900 | Feb 23, 2024 | $624,900 |
3001 Forestwood Drive | Listing | 4 | 4 | Apr 09, 2024 | $719,000 | Feb 15, 2023 | $687,000 |
4837 Cypress Thorn Drive | 2 | 2 | Apr 05, 2024 | $574,990 | Apr 18, 2024 | - |
707 Pheasant Run Street | 3 | 3 | Apr 05, 2024 | $514,990 | Apr 18, 2024 | - |
704 Yellow Warbler Way | 3 | 3 | Apr 05, 2024 | $513,894 | Apr 18, 2024 | - |
1400 Fair Oaks Boulevard | Listing | 3 | 2 | Mar 29, 2024 | $373,000 | Feb 23, 2024 | $373,000 |
4839 Cypress Thorn Drive | 2 | 2 | Apr 05, 2024 | $569,990 | Apr 18, 2024 | - |
4725 Smokey Quartz Ln | Listing | 2 | 3 | Mar 19, 2024 | $360,000 | Apr 18, 2024 | - |
4211 Peach Blossom Drive | Listing | 4 | 2 | Apr 15, 2024 | $534,900 | Mar 21, 2024 | $534,900 |
Population & Environment
Source: Sperling's Best Places
Zip | City | County | National | |
---|---|---|---|---|
Population | 29,493 | 58,350 | 2,115,722 | 335,858,263 |
Population Density | 3,761 | 3,605 | 2,450 | 95 |
People per Household | 2.5 | 2.4 | 2.7 | 2.6 |
Median Age | 36.6 | 37.8 | 35.7 | 39.1 |
Median Income | $60,581 | $71,732 | $72,075 | $66,222 |
Average Income | $30,783 | $38,419 | $35,374 | $35,475 |
Cost of Living Index | 91 | 88 | 101 | 100 |
Zip | City | County | National | |
---|---|---|---|---|
January Avg. High Temp | 34°F | 34°F | 33.2°F | 22.6°F |
July Avg. High Temp | 95.4°F | 95.4°F | 94.9°F | 86.2°F |
Annual Precipitation | 35.79" | 34.73" | 37.96" | 38" |
36/100
Car-Dependent
Walk Score ®
0/100
Minimal Transit
Transit Score ®
26/100
Bikable
Bike Score ®
Overview
Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 25/100, Transit Score: 3/100, Bike Score: 33/100.
Points of interest near 511 John Vernon Lane, Euless, TX 76040
FAA & American, Fort Worth, TX, USA
Transport
0.41 mi
Distance
0.42 mi
Distance
American & Post Oak, Fort Worth, TX, USA
Transport
0.56 mi
Distance
0.44 mi
Distance
0.51 mi
Distance
0.54 mi
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American Airlines - Skyview 7, Fort Worth, TX, USA
Professional
0.59 mi
Distance
0.65 mi
Distance
528 ft
Distance
0.24 mi
Distance
0.48 mi
Distance
Herritage Park, Euless, TX, USA
Recreation
0.24 mi
Distance
0.44 mi
Distance
Euless Fire Station 3, Euless, TX, USA
Government
0.47 mi
Distance
0.46 mi
Distance
0.54 mi
Distance
Unknown
0.58 mi
Distance
0.58 mi
Distance
Unknown
0.63 mi
Distance
The Meadow, Fort Worth, TX, USA
Unknown
0.63 mi
Distance
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Frequently Asked Questions for 511 John Vernon Lane
Source: Realty.com
511 John Vernon Lane, Euless, TX 76040 is a Multi-Family, Residential property listed for $1,660,000 The property is 0 sq. ft with 22 bedrooms and 12 bathrooms
Realty.com has 39 photos of 511 John Vernon Lane.
Our records indicate that 511 John Vernon Lane was built in 1960.
The full address for this home is 511 John Vernon Lane, Euless, TX 76040.
511 John Vernon Lane has been listed on Realty.com since Wed April 21, 2021
Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 25/100, Transit Score: 3/100, Bike Score: 33/100.
There are 3 schools assigned to this home. Check out the schools near 511 John Vernon Lane. Bell Manor Elementary School (Grades: PK - 6), Bedford J High School (Grades: 7 - 9), Bell High School (Grades: 10 - 12)
Listing provided courtesy of:
Redwood Realty Inc.
(tel: 214-206-9559)
Listing agent:
Todd Franks
(#0479935)
This content last refreshed on 2024-04-18 10:17:58. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 511 John Vernon Lane, Euless, TX 76040 : MLS# 14559000