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$310,000

NAL Estimated Property Value

5600 Newman Dr, North Richland Hills, TX, 76180

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,280 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$246.09 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Water Heater, Microwave

Exterior

Exterior FeaturesRain Gutters
Lot Size8,046 sqft

Building Information

Year Built1980
Stories1
Garage Spaces2

Land Information

APN21315-6-21
Lot Number21
SubdivisionIrish Meadows Addition
Land UseResidential
Legal DescriptionIRISH MEADOWS ADDITION BLOCK 6 LOT 21
Census Tract113221
Assessed Land Value$45,000
Assessed Improvement Value$265,000
Assessment Year2025

About this property

Welcome to this beautifully remodeled 1,280 square foot home with 3-bedrooms and 2-full-baths. Nestled in a tranquil neighborhood of Irish Meadows, this home seamlessly combines modern updates with classic comfort. There is new flooring throughout the home. Featuring sleek upper and lower white shaker cabinets that provides ample storage complemented by luxurious granite countertops and brand new appliances in the kitchen. Venture outside to discover a newly fenced backyard, providing both privacy and security for your outdoor retreats. A brand-new AC unit ensures comfort year-round. Situated on a corner lot, this home enjoys an abundance of natural light. The elementary school conveniently located across the street. Don't miss the opportunity to make this beautifully remodeled house your new home!

Investor Tools

Property Icon
$310,000
Estimated Property Value
$296,726Estimated Mortgage Balance
$13,274Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$687/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,692
$310,000
2025
$45,000
$265,000
$310,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,692
$310,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Fha
$309,294
Yes
First
Feb 7, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$296,726
$13,274
4%
96%
$1,855/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$1,855/mo
+$305/mo
8.4%

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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5600 Newman Dr | Property Details | No Agent List