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$422,000

NAL Estimated Property Value

5701 Southern Hills Dr, North Richland Hills, TX, 76180

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,107 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.45 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Ice Maker, Microwave
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Storage
Lot Size9,618 sqft

Building Information

Year Built2004
Stories1
Garage Spaces2

Land Information

APN21316A-1-50
Lot Number50
SubdivisionIron Horse Addition Phase Ii
Land UseResidential
Legal DescriptionIRON HORSE ADDITION PHASE II BLOCK 1 LOT 50
Census Tract113810
Assessed Land Value$75,000
Assessed Improvement Value$303,443
Assessment Year2025

About this property

HURRY. This home is special! PLEASE view the virtual tour to see why. Lovely, well-kept home is SO ready for you and your family! Have a relaxing morning on your front covered porch as the sun shines on you, sipping your latte and greeting friendly neighbors that walk by. Formal dining will be special for Thanksgiving and Christmas dinners. Flex room at the front will be great for a study, exercise, sewing room or more. What would you use this room for? Stunning kitchen with great colors. Dark, raised panels cabinets, granite tops, large ceramic tile flooring, stainless-steel appliances and two pantries. Who is the Chef in the family? They will LOVE the over-sized bar top for food preparations. And what a great place to sit and have a snack and conversations. Your family room is SO cozy with dark wood flooring, corner fireplace and backyard views. All this room needs is a Christmas Tree for Santa to bring his gifts! The primary bedroom is exclusive, located at the back of the home and also has backyard views. Primary bathroom is AWESOME. Dual vanities with oversized custom walk-in shower. Secondary bedrooms are spilt with a hall bath. PRIVATE and PEACEFUL will describe your backyard and BEYOND. Endless possibilities can be had here. Birthday parties, cookouts, weddings and MORE. A gate will lead you to the BEYOND. Gather up the family and any pets and head on out. Simply walk the trail down to the green space and you... will be AMAZED. Tons of wide-open land. Travel some more and head across a creek to more wide-open land. Travel some more and you will arrive at Virgil Anthony Park! They have a playground, basketball court, covered pavilion and huge walking path. Located near everything you need; local shopping, restaurants, NE Mall, Rangers and Cowboys in Arlington, DFW Airport and more. Again, this home is special! Hurry. See today. NOTE: Yes, you can drive to Virgil Anthony Park... but that would take the FUN out of your BEYOND!

Investor Tools

Property Icon
$422,000
Estimated Property Value
$414,791Estimated Mortgage Balance
$7,209Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,610 /month
Positive
Cash Flow Estimate:
$870 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$664/month
$320/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,855
$378,443
2025
$75,000
$303,443
$378,443
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,855
$378,443

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Fha
$424,175
Yes
First
Feb 14, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$414,791
$7,209
1%
98%
$2,544/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$2,864/mo
$-704/mo
6.1%

City: North Richland Hills

5701 Southern Hills Dr | Property Details | No Agent List