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$525,990

5805 Southern Hills Dr, North Richland Hills, TX, 76180

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,137 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.67 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Dryer, Gas Cooktop, Gas Oven, Gas Range, Microwave, Washer
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool
Lot Size11,382 sqft

Building Information

Year Built2009
Stories2
Garage Spaces2

Land Information

APN21316A-1-42
Lot Number42
SubdivisionIron Horse Addition Phase Ii
Land UseResidential
Legal DescriptionIRON HORSE ADDITION PHASE II BLOCK 1 LOT 42
Census Tract113810
Assessed Land Value$75,000
Assessed Improvement Value$414,622
Assessment Year2025

About this property

Settle into the sought-after North Richland Hills area. This elegant home offers a perfect mix of comfort and convenience. With 5 bedrooms and 4 bathrooms, it's designed for privacy and easy living. The home boasts an open floor plan ideal for entertaining, including dual living and family areas, media room, and an upstairs open flex space. The kitchen is a highlight, perfect for hosting with its open-concept design. The primary bathroom features luxurious dual sinks, garden tub and stand-alone shower. Located adjacent to a greenbelt, the home enjoys tranquil, natural surroundings. The backyard is spacious, complete with a swimming pool and hot tub. Conveniently situated, it's just 15 minutes from Downtown Fort Worth and approximately 30 minutes from the Dallas-Fort Worth International Airport, making it a great choice for families looking for a quiet suburban lifestyle with easy access to urban amenities.

Investor Tools

Property Icon
$494,000
Estimated Property Value
$0Estimated Mortgage Balance
$494,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,156 /month
Positive
Cash Flow Estimate:
$1,052 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$868/month
$288/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,949
$489,622
2025
$75,000
$414,622
$489,622
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,949
$489,622

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$494,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
$288/mo
+$2,382/mo
6.5%

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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5805 Southern Hills Dr | Property Details | No Agent List