$292,000
NAL Estimated Property Value3537 Granada Drive, Richland Hills, TX, 76118
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Refrigerator
FlooringHardwood, Tile
Exterior
Exterior FeaturesStorage
Lot Size13,072 sqft
Building Information
Year Built1956
Stories1
Garage Spaces2
Land Information
APN34090-84-25
Lot Number25
SubdivisionRichland Hills Addition
Land UseResidential
Legal DescriptionRICHLAND HILLS ADDITION BLOCK 84 LOT 25
Census Tract113301
Assessed Land Value$54,613
Assessed Improvement Value$216,500
Assessment Year2025
About this property
Superb 1 story boasting an open floor concept situated on a large lot. This 3 bedroom 2 bath home is idea for gatherings with friends or family. The large fenced backyard with covered patio gives you plenty of space to relax or for the pets to play. All Garage walls have been insulated for comfort year round. UPDATES include: recessed can lights, additional attic blown-in insulation, remodeled guest bathroom-2019, water heater-2019, new AC & furnace-2020, new roof & exterior paint-2021.
Investor Tools
$292,000
Estimated Property Value
$257,556Estimated Mortgage Balance
$34,444Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,752 /month
Positive
Cash Flow Estimate:
$584 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$619/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,963
$271,113
2025
$54,613
$216,500
$271,113
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,963
$271,113
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Conventional
$274,928
No
First
Dec 2, 2022
Jan 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$257,556
$34,444
11%
88%
$1,649/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,649/mo
+$278/mo
7.9%
