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1view

$394,500

6856 Megan Ln, North Richland Hills, TX, 76182

Off Market

4 Beds

2 Bath

1,972 Sq Ft

Single Family Residence

$200.05 / sqft

Built in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave

FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size9,217 sqft

Building Information

Year Built1985

Stories1

Garage Spaces2

Land Information

APN34068-4-24

Lot Number24

SubdivisionRichfield Subdivision

Land UseResidential

Legal DescriptionRICHFIELD SUBDIVISION BLOCK 4 LOT 24

Census Tract113214

Assessed Land Value$60,000

Assessed Improvement Value$318,515

Assessment Year2025

About this property

MULTIPLE OFFERS REC'D. Best and Final due Wednesday,May 29th by 5pm. Beautiful home on corner lot in Birdville ISD...with a POOL! Home offers an open floor plan with split bedrooms, large family room with vaulted ceilings and a wood burning fireplace. Open concept kitchen has large breakfast bar for kiddos to sit, farm sink, subway tile backsplash and quartz countertops. Oak built in storage cabinets in breakfast room offers tons of storage for food and extras! The covered patio in the backyard provides ample space for time with family that overlooks the beautiful pool and gazebo area for grilling and enjoying sunny days! New tile in pool and 10x10 shed were done in Spring 2024. New windows (16) installed throughout home in Summer of 2022 by Tarrant Windows, new hot water heater in 2020, new 5 Ton heat pump HVAC system in 2021, also new glass shower door and vent fan combo in secondary bathroom in 2024. Come take a look at this beautiful home!

Investor Tools

$383,000

Estimated Property Value

$244,500Estimated Mortgage Balance

$146,906Estimated Equity

36% 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

$658/month

$75/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,984

$378,515

2025

$60,000

$318,515

$378,515

Tax History

Year

Tax Paid

Assessed Value

2024

$5,984

$378,515

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Mason Mcduffie Mortgage Corp

Conventional

$244,500

First

Jun 27, 2024

Jul 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$236,094

$146,906

38%

62%

$1,466/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,160/mo

$1,541/mo

+$619/mo

6.8%

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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