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$296,000

NAL Estimated Property Value

5132 Bob Drive, North Richland Hills, TX, 76180

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,941 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.68 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

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

Exterior

Lot Size10,515 sqft

Building Information

Year Built1960
Stories2
Garage Spaces2

Land Information

APN7440-4-7
Lot Number7
SubdivisionClear View Addition
Land UseResidential
Legal DescriptionCLEAR VIEW ADDITION BLOCK 4 LOT 7
Census Tract113223
Assessed Land Value$45,000
Assessed Improvement Value$205,000
Assessment Year2025

About this property

PRICE IMPROVEMENT ON THIS BEAUTY!!!!WONDERFUL updates to this Great corner lot family home!! You will love the drive up curb appeal of this traditional home with swing drive. The newly rehabbed property is ready to move in. You will not believe the size of the downstairs mast suite with sliding glass door access to the outdoor covered patio that is perrrrfect for your morning coffee. The downstairs bathroom is also HUGE & plenty of countertop space, with a sweet builtin vanity area. The welcoming living room with built in fireplace and wall of shelves is open to the eat in kitchen. The flow in these two rooms is built for gatherings with family and friends. You will fall in love with the newly installed granite countertops. I know I did!! Lots of cabinet space and a laundry closet.Upstairs are two medium sized bedrooms with nice size closets and a full bathroom. Brand new carpet through out this home.The backyard is absolutely perfect for some quality porch sitting.

Investor Tools

Property Icon
$296,000
Estimated Property Value
$223,430Estimated Mortgage Balance
$72,570Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,776 /month
Positive
Cash Flow Estimate:
$592 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$575/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,425
$250,000
2025
$45,000
$205,000
$250,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,425
$250,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$238,500
No
First
Dec 30, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,430
$72,570
24%
75%
$1,430/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$1,430/mo
+$730/mo
8.8%

City: North Richland Hills

5132 Bob Drive | Property Details | No Agent List