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$366,859

NAL Estimated Property Value

2740 Spruce Park Drive, Richland Hills, TX, 76118

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,593 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$219.65 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringCeramic Tile, Wood

Exterior

Lot Size14,013 sqft

Building Information

Year Built1953
Stories1
Garage Spaces2

Land Information

APN34190-39-2
Lot Number2
SubdivisionRichland Park Addition
Land UseResidential
Legal DescriptionRICHLAND PARK ADDITION BLOCK 39 LOT 2
Census Tract113302
Assessed Land Value$56,022
Assessed Improvement Value$310,837
Assessment Year2025

About this property

This Mid-Century Modern home has been beautifully remodeled. The home features a fully updated kitchen with all new custom shaker cabinets, granite countertops, back-splash, appliances, fixtures, and a custom-made butcher block island on wheels. The original hardwood floors have been restored to their mahogany finish. The living room has plenty of natural light and a wood-burning fireplace which is perfect for entertaining. The spacious master suite includes his and her closets and an ensuite bath with new vanity, and walk-in shower with decorative tile. The secondary bedrooms are very spacious, with large closets and plenty of natural light. Situated on a large lot, the backyard includes a spacious covered patio area, a detached 400 sqft. air-conditioned living area that can be used as an office or game room, and still has plenty of room for a pool or small workshop. The home also has a new roof, new electrical wiring and updated plumbing. Come see, you will not be disappointed!

Investor Tools

Property Icon
$366,859
Estimated Property Value
$308,727Estimated Mortgage Balance
$58,132Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,201 /month
Positive
Cash Flow Estimate:
$734 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$702/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,594
$366,859
2025
$56,022
$310,837
$366,859
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,594
$366,859

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank & Trust
Conventional
$332,500
No
First
Jul 19, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$308,727
$58,132
15%
84%
$1,994/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,994/mo
$-67/mo
6.3%

City: Richland Hills

2740 Spruce Park Drive | Property Details | No Agent List