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$240,000

6505 Spring River Ln, North Richland Hills, TX, 76180

$312,000 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,462 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$97.48 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Electric Cooktop, Electric Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size10,459 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN14560-6-12
Lot Number12
SubdivisionFossil Creek Trails Addition
Land UseResidential
Legal DescriptionFOSSIL CREEK TRAILS ADDITION BLOCK 6 LOT 12
Census Tract113212
Assessed Land Value$75,693
Assessed Improvement Value$303,052
Assessment Year2025

About this property

PHOTOS COMING SOON. Wonderful opportunity in North Richland Hills, near Iron Horse Golf Course and The Hills Church. Large 4 bedroom, 3 bath home with game room and formal dining. Also offers rear entry 2 car garage with remote gated entry, as well as additional covered parking for 2 more vehicles or even a boat, ATV. There is an enclosed screened-in original back patio would make a wonderful solarium, morning coffee area, or room for pets to hang out. All electric. Lrg brick WBFP w hearth seating option. With creativity and cosmetic updates, this could be a great home for owner-occup or to add to your buy-fix-hold investment strategy. Property is priced in it's As-Is condition. No repairs to be done by seller.

Investor Tools

Property Icon
$423,000
Estimated Property Value
$161,000Estimated Mortgage Balance
$280,547Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$312,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,538 /month
Positive
Cash Flow Estimate:
$846 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$696/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,239
$378,745
2025
$75,693
$303,052
$378,745
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,239
$378,745

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cherry Creek Mortgage Co Inc
Conventional
$161,000
No
First
Jun 30, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,453
$280,547
66%
34%
$966/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$966/mo
+$1,194/mo
6.1%

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.

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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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6505 Spring River Ln | Property Details | No Agent List