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$360,000

502 Anice Ln, Euless, TX, 76039

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,529 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$235.45 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringTile

Exterior

Lot Size8,546 sqft

Building Information

Year Built1984
Stories1
Garage Spaces2

Land Information

APN7338-M-9
Lot Number9
SubdivisionCinnamon Ridge
Land UseResidential
Legal DescriptionCINNAMON RIDGE BLOCK M LOT 9
Census Tract113520
Assessed Land Value$98,150
Assessed Improvement Value$201,850
Assessment Year2025

About this property

INCREDIBLE BUYER INCENTIVES: $5,000 MORTGAGE CONCESSION. Opendoor Home Loans will contribute up to $5,000 towards a permanent interest rate buy-down if you finance with Opendoor Home Loans LLC. 502 Anice Ln is a one-story Euless home with over 1,500 square feet of living space, three bedrooms and two bathrooms. A screened rear porch overlooks the backyard, with a paved patio and storage shed nearby. Inside, a beamed ceiling and fireplace define the main living room, which connects to the bay-window dining area and kitchen pass-through. The kitchen has a window over the sink and counters along three sides. The primary bedroom includes an adjoining shower bathroom and two walk-in closets. Two secondary bedrooms share a hall bathroom, and an attached two-car garage provides parking. Home comes with a 100-Day Home Warranty

Investor Tools

$107,540Estimated Mortgage Balance
$269,460Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,262 /month
Positive
Cash Flow Estimate:
$754 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$466/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,707
$300,000
2025
$98,150
$201,850
$300,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,707
$300,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Fha
$157,102
Yes
First
Mar 15, 2013
Apr 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,540
$269,460
71%
29%
$543/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,450/mo
$543/mo
+$1,907/mo
7.8%

City: Euless

502 Anice Ln | Property Details | No Agent List