Tarrant Value

501 Franklin Dr, Euless, TX 76040

1,899 sqft, built 1962, in Blue Lagoon Ct Addn. Appraised at $329,319 for 2026.

Tarrant County account 02062259

Likely too high

about $39,000

8 similar homes nearby point to a value about $39,000 lower than yours.

Appraised value$329,319
Similar homes$290,433
$38,886 gap · bars start at $0

How sure: High · 8 similar homes (5 shown below) · public records only

Appraised value
$329,319
Tax year 2026 · after any cap, before exemptions
Living area
1,899 sqft
$173 per sqft
Year built
1962
Homestead
Yes
Owner-occupied exemption on file

Why we think so

Unequal assessment

Strong

6 of 8 similar homes are assessed lower per square foot. Their similarity-weighted median is $151.12/sqft, but land is valued apart from the home, and some of them have less land value per square foot of home than yours, which counts as $60,000. Counting your land in place of theirs where theirs is less, they support a value of $290,433.

Compare this assessment

Start with the county value and property facts, then review appraisal comps, recent sales, and prior-year changes to decide whether the assessment is worth challenging. The comps on this page are free to review; email sign-in is only used to save a printable report.

For nearby context, browse ZIP 76040 and Blue Lagoon Ct Addn assessment pages.

Protest deadline

The 2026 protest deadline was . The 2027 protest deadline is . 2027 notices usually arrive in April.

Deadline rule: May 15, or 30 days after your notice of appraised value is mailed, whichever is later. A deadline on a weekend or holiday moves to the next business day. Evidence is reviewed by the Appraisal Review Board (ARB). Dates checked against the official source.

Assessment snapshot

These public TAD records highlight what may be worth checking before you file.

  • Assessment changeThe appraised value increased 3.2% from $319,029 in 2025 to $329,319 in 2026.
  • Appraised value per square footThe current public record shows about $173 per square foot before any comparable-property adjustments.
  • Nearby comparison areaThis page starts the equity review with public records for the Blue Lagoon Ct Addn neighborhood and ZIP 76040.
  • Neighborhood value signalAmong 1,619 residential records in the same neighborhood, the average appraised value is about $173 per square foot.
  • Area year-over-year signalNearby residential records with prior-year values moved about +2.4% on average.

Comparable assessments

Showing 5 of the 8 similar homes in this property's equity comparison, from public appraisal records.

  • 409 Bayless Dr, Euless, TX 76040
    1,832 sqft | $176/sqft | built 1962 | Similar size (1,832 vs 1,899 sqft); Built same year (1962); Similar lot size (8,767 vs 9,004 sqft)
    $322,082
  • 602 Martha St, Euless, TX 76040
    1,815 sqft | $215/sqft | built 1961 | Similar size (1,815 vs 1,899 sqft); Similar age (1961 vs 1962); Similar lot size (9,088 vs 9,004 sqft)
    $389,673
  • 600 Martha St, Euless, TX 76040
    1,974 sqft | $149/sqft | built 1961 | Similar size (1,974 vs 1,899 sqft); Similar age (1961 vs 1962); Similar lot size (9,194 vs 9,004 sqft)
    $293,871
  • 504 Dunaway Dr, Euless, TX 76040
    1,846 sqft | $140/sqft | built 1960 | Similar size (1,846 vs 1,899 sqft); Similar age (1960 vs 1962); Similar lot size (8,708 vs 9,004 sqft)
    $257,925
  • 909 Oakwood Dr, Euless, TX 76040
    1,833 sqft | $151/sqft | built 1961 | Similar size (1,833 vs 1,899 sqft); Similar age (1961 vs 1962); Similar lot size (8,721 vs 9,004 sqft)
    $277,000

Recent comparable sales

Sales selected by similarity to the subject property. Texas is a non-disclosure state, so these MLS-listed sales are supplemental evidence.

  • 511 Westcliff Dr, Euless, TX 76040
    September-2-2026 | 1,910 sqft | $209/sqft | built 1964 | Similar size (1,910 sqft); Similar age (1964); Sold after the valuation date
    $400,000
  • 1607 Windlea Dr, Euless, TX 76040
    October-1-2026 | 1,585 sqft | $179/sqft | built 1962 | Similar age (1962); Sold after the valuation date
    $283,000
  • 1803 Windlea Dr, Euless, TX 76040
    August-14-2026 | 2,137 sqft | $179/sqft | built 1972 | 12% size difference (2,137 sqft); Moderate age difference (10 years newer); Sold after the valuation date
    $382,000
  • 511 Simmons Dr, Euless, TX 76040
    September-15-2026 | 1,440 sqft | $208/sqft | built 1962 | Similar age (1962); Sold after the valuation date
    $300,000
  • 401 Vine St, Euless, TX 76040
    September-18-2026 | 1,443 sqft | $218/sqft | built 1958 | Moderate age difference (4 years older); Sold after the valuation date
    $315,000

Public appraisal comparison for 2026. Prepared . Appraisal source: Tarrant Appraisal District. Sales data checked in this snapshot: . Matches consider available size, age, location and property characteristics. How comparisons work.

Value history

Up 3.2% in 2026 from 2025.

Appraised value by tax year, with the change from the previous year listed
Tax yearAppraised valueChangeChange %
2026$329,319+$10,290+3.2%
2025$319,029+$29,003+10.0%
2024$290,026+$26,366+10.0%
2023$263,660+$23,969+10.0%
2022$239,691+$21,790+10.0%
2021$217,901——
5-year total+$111,418+51.1%