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$252,000

2824 Cecil Drive, Richland Hills, TX, 76118

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,360 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.4 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListHigh EquityVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Other
FlooringCarpet, Laminate, Vinyl

Exterior

Lot Size9,596 sqft

Building Information

Year Built1954
Stories1
Garage Spaces1

Land Information

APN34190-46-15
Lot Number15
SubdivisionRichland Park Addition
Land UseResidential
Legal DescriptionRICHLAND PARK ADDITION BLOCK 46 LOT 15
Census Tract113302
Assessed Land Value$12,000
Assessed Improvement Value$180,564
Assessment Year2025

About this property

Welcome to 2824 Cecil Drive! This 4 bedroom 2 bath home is located in a mature neighborhood just blocks from the city park, city hall and public library . With easy access to TRE train station, 121 and 820 this home is convenient for those needing to commute to nearby cities.

Investor Tools

Property Icon
$252,000
Estimated Property Value
$0Estimated Mortgage Balance
$53,046Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,512 /month
Positive
Cash Flow Estimate:
$504 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$346/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,889
$192,564
2025
$12,000
$180,564
$192,564
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,889
$192,564

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
All Western Mortgage Inc
Conventional
$212,000
No
First
Jan 10, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,954
$53,046
21%
79%
$1,272/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$1,272/mo
+$1,113/mo
11.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Richland Hills

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2824 Cecil Drive | Property Details | No Agent List