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$287,000

5817 N Hills Dr, North Richland Hills, TX, 76117

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,581 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.75 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesFire Pit, Rain Gutters
Lot Size11,535 sqft

Building Information

Year Built1961
Stories1
Garage Spaces2

Land Information

APN30030-1-19
Lot Number19
SubdivisionNorth Hills Addition
Land UseResidential
Legal DescriptionNORTH HILLS ADDITION BLOCK 1 LOT 19
Census Tract113206
Assessed Land Value$52,304
Assessed Improvement Value$190,079
Assessment Year2025

About this property

This thoughtfully updated 3-bed, 2-bath home seamlessly blends modern upgrades with timeless charm! Step onto the inviting covered front patio—an ideal spot to relax in a rocking chair. Inside, you're welcomed by a spacious, flexible front room that can serve as a formal living or dining space, a sitting area, or even a music room—the possibilities are endless! Continue to the expansive family room, which connects effortlessly to the kitchen and features a cozy dining nook and breakfast bar, making it perfect for entertaining or casual family gatherings. The updated kitchen boasts stunning granite countertops, sage green cabinets, a farmhouse sink, stainless steel appliances, and an electric cooktop—combining style and functionality. The primary suite offers a private ensuite bath and a walk-in closet. Two additional bedrooms and a second full bath complete the interior. Step outside to your backyard oasis! A covered patio runs nearly the full length of the home, overlooking a lush, grassy yard. Enjoy the pergola with a built-in bar and seating, a fire pit, and a shed for extra storage—plenty of space to relax, play, or entertain. Situated in an established neighborhood, this home is just a quick drive to Hwy 377, 10 minutes from I-820, and close to shopping, dining, and entertainment. Plus, the elementary school is just a mile away, with middle and high schools less than 10 minutes away. Don’t miss this charming and perfectly-located gem!

Investor Tools

Property Icon
$287,000
Estimated Property Value
$274,725Estimated Mortgage Balance
$17,113Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$368/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,985
$242,383
2025
$52,304
$190,079
$242,383
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,985
$242,383

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Equity Prime Mortgage Llc
Fha
$274,725
Yes
First
May 15, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$269,887
$17,113
5%
94%
$1,648/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,648/mo
+$279/mo
8.1%

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.

Explore Texas Explore This Area
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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5817 N Hills Dr | Property Details | No Agent List