Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$298,000

NAL Estimated Property Value

6957 Park Place Dr, Richland Hills, TX, 76118

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,928 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.55 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Microwave, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Lot Size14,776 sqft

Building Information

Year Built1952
Stories1
Garage Spaces2

Land Information

APN34190-21-18
Lot Number18
SubdivisionRichland Park Addition
Land UseResidential
Legal DescriptionRICHLAND PARK ADDITION BLOCK 21 LOT 18
Census Tract113302
Assessed Land Value$43,732
Assessed Improvement Value$206,268
Assessment Year2025

About this property

Looking for a great location, affordable, move in ready home? The roof was replaced in 2023, spray in foam insulation in the attic added in 2023 and the HVAC replaced in 2022, making this a stress free home. This well maintained home delivers the perfect combination of comfort, style and value. Original hardwood floors in many of the rooms. Upon entering the home you are greeted by a very large and bright dining area. The room is large enough to accommodate a very large dining table, perfect for friends and family to gather. The living room features a wood burning fireplace and is right off the kitchen making entertaining a breeze. The eat in kitchen has tons of upper and lower cabinets that provide ample storage and features a gas range. The refrigerator is the perfect size and will stay with the home. The primary bedroom has an ensuite bathroom and the other two bedrooms share a hall bathroom. Outside, enjoy a large fenced yard with no neighbors behind you. The backyard offers a lot of space for pets to roam, or weekend BBQ's with friends and family. With convenient access to major highways, DFW airport and downtown Forth Worth, nearby shopping and schools, this home offers both comfort and convenience in a quiet neighborhood setting.

Investor Tools

Property Icon
$298,000
Estimated Property Value
$213,188Estimated Mortgage Balance
$84,812Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$467/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,110
$250,000
2025
$43,732
$206,268
$250,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,110
$250,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$222,500
No
First
May 4, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,188
$84,812
28%
72%
$1,281/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,281/mo
+$646/mo
7.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

6957 Park Place Dr | Property Details | No Agent List