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B+
NoAgentList RatingHow are grades calculated? Info

$330,000

6916 Hovenkamp Ave, Richland Hills, TX, 76118

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,094 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.59 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Gas Water Heater
FlooringCarpet, Vinyl

Exterior

Lot Size26,345 sqft

Building Information

Year Built1951
Stories1
Garage Spaces4

Land Information

APN34090-35-1
Lot Number1
SubdivisionRichland Hills Addition
Land UseResidential
Legal DescriptionRICHLAND HILLS ADDITION BLOCK 35 LOT 1
Census Tract113301
Assessed Land Value$74,522
Assessed Improvement Value$285,405
Assessment Year2025

About this property

Rare opportunity to own over half an acre in the heart of Richland Hills! Nestled on an oversized, tree-filled lot, this property offers a unique opportunity for investors, renovators, builders, or buyers seeking a property with incredible potential in an established neighborhood where large lots are becoming increasingly rare. The spacious one-story floor plan features 2 Primary suites located on opposite ends of the home, creating an ideal setup for multigenerational living, a teen retreat, extended-stay guests, or flexible living arrangements. Living Room overlooks the treed back yard and provides plenty of space to customize for your needs. Mature trees surround the property creating a peaceful setting with beautiful views from the covered back porch where the backyard backdrop is filled with nature. One of the standout features is the Workshop complete with electricity and was currently being used for a dedicated office area while the floored upper-level loft ideal for storage, hobbies, workspace, equipment, or future flex use. Whether you’re looking for room to work, create, or expand functionality, this versatile space is a rare find. Parking and storage are abundant with a garage and carport, provides space for multiple vehicles and covered parking for up to four cars. Conveniently located near major highways, shopping, dining, schools, and entertainment, while still providing the privacy and space rarely found in the Mid-Cities area. Easy access to both Fort Worth and Dallas makes this location ideal for commuters and investment-minded buyers alike. Bring your imagination and vision to this unique property. Home will benefit from repairs and updating making it an excellent opportunity for investors, renovators, or buyers looking to add their own personal touches and build equity. Discover the possibilities this rare property has to offer.

Investor Tools

Property Icon
$359,927
Estimated Property Value
$0Estimated Mortgage Balance
$359,927Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$242/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,110
$359,927
2025
$74,522
$285,405
$359,927
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2025
$1,110
$359,927

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$376,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
6.4%

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: Richland Hills

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6916 Hovenkamp Ave | Property Details | No Agent List