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Property profile & analytics
OFF-MARKET
Retirement homes

807 Forestcrest Ct Euless, TX 76039

2,514 SF 0.21 ac lot Built 1983
Property ID
US82-2658212
Property summary
AI-generated overview

This exceptional 2,514 square foot property in Euless, Texas, presents a unique investment opportunity. Situated on a 0.213-acre lot, this single-story, 1983-built building boasts a flexible zoning designation, permitting both residential and commercial uses. Previously operating as an assisted living facility, the property features four bedrooms and two full bathrooms, providing ample space for various applications. The interior includes two living areas (one with built-ins), a chef's kitchen equipped with an electric cooktop, double oven, and granite countertops, a flex room ideal for an office or hobby space, and a formal dining room. The primary suite offers an ensuite bathroom with a double vanity and two walk-in showers. Additional features include a sunroom and a large backyard. The property's strong financial performance is highlighted by a Net Operating Income (NOI) of $254,400 and a compelling 56.53% capitalization rate. The asking price is $450,000, translating to $179 per square foot. This versatile property offers significant potential for both residential and commercial ventures, making it an attractive investment in the thriving Tarrant County market. The property is located at 807 Forestcrest Ct, Euless, TX 76039.

Property profile
Verified
Property type Retirement homes
Year built 1983
Total area 2,514 SF
Lot 0.21 ac (9,278 SF)
UPID US82-2658212
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Silver Leaf Assisted Living & Memory Care Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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