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$277,000

NAL Estimated Property Value

5112 Karen Dr, North Richland Hills, TX, 76180

$281,122 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,869 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.76 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Cooktop
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Barrel/Cistern(s), Storage
Lot Size9,309 sqft

Building Information

Year Built1968
Stories1
Garage Spaces2

Land Information

APN34230-36-6
Lot Number6
SubdivisionRichland Terrace Addition
Land UseResidential
Legal DescriptionRICHLAND TERRACE ADDITION BLOCK 36 LOT 6
Census Tract113217
Assessed Land Value$50,000
Assessed Improvement Value$177,795
Assessment Year2025

About this property

FIRST TIME BUYER BACKED OUT- HOME BACK ON THE MARKET! Welcome to this inviting neighborhood of charming single-story homes. This spacious property offers three bedrooms with the flexibility to convert an additional space into a fourth bedroom, making it ideal for a growing household or those seeking extra room to customize. The home is ready for its next owner to bring their vision to life and is being sold as-is, with conventional financing accepted. Recent updates include an 8-foot cedar fence installed just two years ago, providing both privacy and durability. The property is equipped with a sprinkler system covering the front and side yards, along with dedicated irrigation for the trees and shrubs in the backyard. A comprehensive security alarm system has been added to all windows and doors for enhanced peace of mind. Additional exterior features include two storage units and a greenhouse, offering excellent space for hobbies, gardening, or extra storage needs. Impact resistant roof is a plus. Inside, the home features a custom pantry, a wet bar, and two fireplaces, adding comfort and character throughout. Beyond the property itself, residents enjoy the exceptional amenities of the City of North Richland Hills, including expansive parks and trails, the award-winning NRH2O Family Water Park, the modern and convenient TEXRail commuter line, and a wide variety of shopping, dining, and community events. The home is also located within the highly regarded Birdville Independent School District, known for its strong academic programs, dedicated educators, and diverse extracurricular opportunities. This home offers a wonderful blend of comfort, convenience, and community—an excellent opportunity for buyers looking to make North Richland Hills their home.

Investor Tools

Property Icon
$277,000
Estimated Property Value
$0Estimated Mortgage Balance
$277,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$281,122
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,679 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$175/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$715
$227,795
2025
$50,000
$177,795
$227,795
No

Tax History

Year
Tax Paid
Assessed Value
2025
$715
$227,795

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$277,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
N/A
+$2,160/mo
9.4%

Learn About the Market: Opportunity in Texas

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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: North Richland Hills

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5112 Karen Dr | Property Details | No Agent List