Features & Amenities

Interior

  • Total Bedrooms

    40

  • Bathrooms

    24

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Electric, Multi Units

  • Heating YN

    YES

  • Heating

    Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Asphalt, Common, Drive Through, Unassigned

  • Pool

    Yes

  • Pool Features

    Gunite, In Ground, Outdoor Pool

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Corner Lot

  • Lot Size(acres)

    0.713

  • Lot Size(square feet)

    31,058

  • Property Type

    Residential Income

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $2,500,000

  • Tax Amount

    $27,644

  • Financing Options

    Private

  • Sq. Footage

    18,840

  • Price/SqFt

    $132

HOA

  • Association

    No

School District

  • Elementary School

    Wilshire

  • Middle School

    Central

  • High School

    Trinity

Property Features

  • Foundation Details

    Slab

  • Sewer

    Public Sewer

  • Tax Lot

    6

  • Water Source

    Public

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Location

County

Tarrant

Elementary School

Wilshire

Middle School

Central

High School

Trinity

Listing Courtesy of Peter Konopka, Covenant Realty Group

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Covenant Realty Group is pleased to present the exclusive offering on the Vienna Terrace Apartments in Euless TX, a unique, all-bills-paid property in Euless, Tx. Constructed in 1964, the property consists of 24 units averaging 767 square feet. The property offers Eight 1 Bedroom 1 Bathroom units and Sixteen 2 Bedroom 1 Bathroom units. The property is currently operated as student housing and the leases will not be renewing at the end of this semester May 2026. Financial information is based on Pro Forma projection numbers. Property has been well maintained and updated over the years. The most recent update is the installation of individual HVAC units in all of the apartments in 2024 through 2025. Great central Dallas-Fort Worth location with quick accesses to Hwy 183 and Hwy 360.  One mile to DFW International Airport.  Vienna Terrace is being offered free and clear of existing debt.

150 S Main Street

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Related Properties

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.
#21334170

Euless

501 Arbor Creek Drive

1 Beds

1 Baths

13,969 Sq.Ft.

$2,575,000

MLS#: 21334170

 - property

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