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$438,088

6808 Chapman Dr, North Richland Hills, TX, 76182

$569,514 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths4,392 Sq Ft
RetailRetail
Year BuiltBuilt in 1975

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringVinyl

Exterior

Lot Size19,998 sqft

Building Information

Year Built1975

Land Information

APN30155-2-1
Lot Number1
SubdivisionNorth Park Plaza
Land UseCommercial
Legal DescriptionNORTH PARK PLAZA BLOCK 2 LOT 1
Census Tract113214
Assessed Land Value$120,000
Assessed Improvement Value$318,088
Assessment Year2025

About this property

Childcare building in North Richland Hills available for sale. 4,392 sqft Building on 0.46 acres. Built in 1975 with renovations in 2024. 6 Classrooms, 9 Restrooms, Office, Kitchen & outdoor playground area. Previous licensed capacity of 115. Located within 5 miles of the new theme park opening in North Richland Hills. Zoned C 1 Commercial. Multiple uses permitted. Building is also available for lease.

Investor Tools

Property Icon
$438,088
Estimated Property Value
$593,750Estimated Mortgage Balance
$0Estimated Equity
-36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$569,514
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,100 /month
Positive
Cash Flow Estimate:
$1,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,045/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,348
$438,088
2025
$120,000
$318,088
$438,088
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,348
$438,088

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Michael D Beldon
Seller Carryback / Seller Financing / Seller Take-Back
$593,750
No
First
Nov 29, 2023
Dec 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$566,806
N/A
0%
129%
$3,560/mo

Learn About the Market: Opportunity in Texas

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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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6808 Chapman Dr | Property Details | No Agent List