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$3,200

7025 Michael Drive, North Richland Hills, TX, 76182

On MarketInfo
LeaseInfo
Beds4 Beds
Baths3 Bath
Baths2,764 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.16 / sqft
Year BuiltBuilt in 1999

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator

Exterior

Lot Size7,497 sqft

Building Information

Year Built1999
Stories2
Garage Spaces2

Land Information

APN40548-6-4
Lot Number4
SubdivisionStoney Ridge Addition
Land UseResidential
Legal DescriptionSTONEY RIDGE ADDITION BLOCK 6 LOT 4
Census Tract113210
Assessed Land Value$75,000
Assessed Improvement Value$403,034
Assessment Year2025

About this property

Available for move in by July 4th. Beautiful neighborhood. Totally updated home with great open floor plan. Updates include granite counters in kitchen with stainless steel appliances including the Kitchen Aid refrigerator. The master bedroom is on the first floor with ensuite bathroom and his and hers closets.

Interested in this property?

Kim Luu

Luu and Associates

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,065/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,268
$478,034
2025
$75,000
$403,034
$478,034
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,268
$478,034

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Rate Financial Group
Conventional
$333,750
No
First
May 18, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$314,848
$188,152
37%
63%
$2,001/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
$2,301/mo
+$369/mo
6.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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7025 Michael Drive | Property Details | No Agent List