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$349,900

6729 Mike Dr, North Richland Hills, TX, 76180

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,294 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.53 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Double Oven, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Hardwood, Tile, Wood

Exterior

Lot Size10,398 sqft

Building Information

Year Built1956
Stories1
Garage Spaces2

Land Information

APN18550-4-6
Lot Number6
SubdivisionHillview Addition-Rchlnd Hills
Land UseResidential
Legal DescriptionHILLVIEW ADDITION-RCHLND HILLS BLOCK 4 LOT 6
Census Tract113212
Assessed Land Value$50,600
Assessed Improvement Value$343,940
Assessment Year2025

About this property

UPDATED HOME! Updated 5-bedroom, 3 full bath home, includes two living areas. All rooms are oversized especially the living areas. Nice sized formal dining room located in the front of the home. Great kitchen located in center of the home is complete with four burner gas cook-top & large double wall ovens. You will love the understated elegance & overall livability of this home with split bedrooms. The owners suite has a large sitting area measuring approximately 12 x 9 & a large walk in closet. The oversized garage is complete with loads of shelving & plumbed for a sink. The property sits on an over-sized measuring .23 acres large enough for a pool. Just installed laminate wood floors in Den. Recently updated, Granite in kitchen & baths, hardwood floors, HVAC (New Compressor 8-2-22) & ductwork, lighting, faucets, tile. updated electrical & plumbing, All baths updated with newer tile floors, walls, showers, & cabinets. Two water heaters. THERE ARE STILL FINISHING TOUCHES BEING DONE.

Investor Tools

Property Icon
$394,540
Estimated Property Value
$335,020Estimated Mortgage Balance
$82,354Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,367 /month
Positive
Cash Flow Estimate:
$789 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$878/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,561
$394,540
2025
$50,600
$343,940
$394,540
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,561
$394,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$335,020
Yes
First
Sep 6, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$312,186
$82,354
20%
79%
$2,009/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$2,009/mo
+$151/mo
6.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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