








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Euless at 174 Merlin Way, Euless, TX, 76039 offers $2,216/mo rent that, after a $1,419/mo payment. Total monthly income is $2,216/mo. Return on cash invested measures 18.41% in year one, and rental yield stands at 9.17% at a $290,000 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,122 by year five. Five-year ROI records 97.32% and total cumulative return in cash reaches $93,556. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,216/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1983
1,829 sqft lot
$N/A/sqft
$274 monthly HOA
Neighborhood data shown for ZIP Code: 76039, Euless, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,085 (100%) |
| Owner Occupied HU | 6,901 (38.2%) |
| Renter Occupied HU | 10,272 (56.8%) |
| Vacant Housing Units | 912 ( 5.0%) |
| Median Home Value | $402,162 |
| Average Home Value | $461,114 |
Residential
17,724
Single Family
8,530
Multi-Family
9,194
Businesses
737
Date | Event | Price |
|---|---|---|
| 2025-07-01 | Listed for sale | $290,000 |
| 2021-02-25 | Listing removed | N/A |
| 2020-07-11 | Listing removed | $1,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $1820.90 | 1.69% | $256,406 | 4.56% |
| 2023-07-01 | $1790.70 | -4.05% | $245,220 | 24.38% |
| 2022-07-01 | $1866.29 | 0.07% | $197,158 | 1.87% |



Listed by: Dorita Grimaldi • Morton Realty & Prop Mgmt, LLC
Mls Name: NTREIS
Mls ID: #20986968
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.