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$423,000

NAL Estimated Property Value

7012 Bursey Rd, North Richland Hills, TX, 76182

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,756 Sq Ft
price_per_sqft$281.89 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Vented Exhaust Fan
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size41,578 sqft

Building Information

Year Built1981
Garage Spaces2

Land Information

APN31948----1----2---51
Lot Number2
SubdivisionPearson Subdivision
Land UseResidential
Legal DescriptionPEARSON SUBDIVISION BLOCK 1 LOT 2 33.33% UNDIVIDED INTEREST
Census Tract113207
Assessed Land Value$82,188
Assessed Improvement Value$58,923
Assessment Year2024

About this property

Nestled in the heart of mid-cities, this home is situated on .95acres. Centrally located near DFW airport, downtown FW, and I35-W, this location will suit any of your needs! Plenty of room to store your toys. It also features an additional 3 bay carport and 220volt electric meter in the back. The home has new luxury vinyl flooring and paint throughout and features a gas central heat and fireplace. The fenced above ground pool is assessable via a wooden deck and is completely private. Schedule your private tour today.

Investor Tools

Property Icon
$423,000
Estimated Property Value
$0Estimated Mortgage Balance
$423,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$341/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,977
$141,111
2024
$82,188
$58,923
$141,111
No

Tax History

Year
Tax Paid
Assessed Value
2023
$1,977
$141,111

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$423,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
N/A
+$2,160/mo
6.1%

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: North Richland Hills

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7012 Bursey Rd | Property Details | No Agent List