Properties
Euless, TX 76040 150 S Main Street
$2,500,000
26 more
Presented By: Covenant Realty Group
Beds • 40
Baths • 24
Home Details
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.
Presented By: Covenant Realty Group
Interior Features for 150 S Main Street
Bedrooms
Total Bedrooms40
Bathrooms
Total Baths24
Other Interior Features
Unit Count2
Lock Box TypeNone
Basement Y/NNo
FlooringCarpet, Combination, Other, Varies
Interior FeaturesCable TV Available, Multiple Staircases
Total Units24
General for 150 S Main Street
# of Buildings1
Accessory Unit Y/NNo
AppliancesDishwasher, Electric Range, Refrigerator
Capitalization Rate5.30
CityEuless
Complex NameVienna Terrace Apartments
Construction MaterialsBrick
CoolingElectric, Multi Units
CountyTarrant
DirectionsPlug into your GPS. Property is located on Main St in Euless TX, 50 yards south of Hwy 10 and 150 yards south of Hwy 183. Take Hwy 183 exit Euless Main South and the property is located on the west
Elementary SchoolWilshire
Elementary School NameWilshire
Full Baths24
Gross Annual Expenses137703.00
HOA TypeNone
HeatingElectric
High SchoolTrinity
Insurance Expense37887
Junior High SchoolCentral
LevelsTwo
Listing Terms1031 Exchange, Cash, Conventional, Not Assumable
Occupant TypeTenant
Operating Expense IncludesCapital Improvements, Insurance, Maintenance, Maintenance Grounds, Pool/Spa, Staff, Trash, Utilities, Water/Sewer
Pool Y/NYes
PossessionNegotiable
Property SubtypeApartment
Property TypeResidential Income
RoofShingle
School DistrictHurst-Euless-Bedford ISD
Standard StatusActive
StatusActive
Subdivision NameCannon Ross Add
TenancyMonth to Month
Unexempt Taxes27644
UtilitiesAsphalt, City Sewer, City Water, Community Mailbox, Concrete, Master Gas Meter, Master Water Meter, Sidewalk
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1964
Year Built DetailsPreowned
Exterior for 150 S Main Street
Building Area Total18840.00
Foundation Slab
Lot FeaturesCorner Lot
Lot Size Acres0.7130
Lot Size Area0.7130
Lot Size SourcePublic Records
Lot Size Square Feet31058.2800
Lot Size UnitsAcres
Number Of Parking Spaces32
Parking FeaturesAsphalt, Common, Drive Through, Unassigned
Pool FeaturesGunite, In Ground, Outdoor Pool
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Wilshire Elementary School
Middle School
N/A
High School
N/A
