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$224,000

NAL Estimated Property Value

7002 Lincoln Dr, North Richland Hills, TX, 76182

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,125 Sq Ft
DuplexDuplex
price_per_sqft$1.42 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal

Exterior

Lot Size4,356 sqft

Building Information

Year Built1984
Garage Spaces2

Land Information

APN24860-4-1B
Lot Number1B
SubdivisionMaroaks Addition
Land UseResidential
Legal DescriptionMAROAKS ADDITION BLOCK 4 LOT 1B
Census Tract113207
Assessed Land Value$20,000
Assessed Improvement Value$165,000
Assessment Year2025

About this property

Lovely half duplex on a corner lot in a beautiful neighborhood. Located in the Birdville ISD, known for its excellent schools, and within walking distance of several large parks. This home features 2 bedrooms, 2 baths, and 2 carports. The kitchen boasts granite countertops. Recent updates include fresh paint, new flooring, and a remodeled bathroom. Don’t miss this opportunity! Contact us for a viewing today!

Investor Tools

Property Icon
$224,000
Estimated Property Value
$71,875Estimated Mortgage Balance
$152,297Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,344 /month
Positive
Cash Flow Estimate:
$448 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$424/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,974
$185,000
2025
$20,000
$165,000
$185,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,974
$185,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tiger Loans Inc
Conventional
$86,250
No
First
May 16, 2018
Jun 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$71,875
$157,125
68%
32%
$518/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,630/mo
$518/mo
+$1,112/mo
8.7%

City: North Richland Hills

7002 Lincoln Dr | Property Details | No Agent List