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$426,181

NAL Estimated Property Value

7056 Hovenkamp Ave, Richland Hills, TX, 76118

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,423 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.72 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringTile

Exterior

Lot Size26,972 sqft

Building Information

Year Built1951
Stories1
Garage Spaces3

Land Information

APN34090-6-J
Lot NumberJ
SubdivisionRichland Hills Addition
Land UseResidential
Legal DescriptionRICHLAND HILLS ADDITION BLOCK 6 LOT J
Census Tract113301
Assessed Land Value$75,459
Assessed Improvement Value$350,722
Assessment Year2025

About this property

Welcome to 7056 Hovenkamp, this stunning home boasts 4 spacious bedrooms and 3 fully renovated bathrooms. Enjoy the luxury of updated fixtures and finishes throughout the home. That include luxury vinyl plank, granite counter tops and stainless-steel appliances. Perfect for those seeking both comfort and style. This home sits on over half an acre of land, offering plenty of space for outdoor activities and relaxation. Fantastic workshop equipped with electricity, perfect for any handy person or hobbyist. The spacious layout offers ample opportunity for creativity and productivity, making it the ideal space for any project or passion. Come see for yourself what this beautiful home has to offer.

Investor Tools

Property Icon
$426,181
Estimated Property Value
$0Estimated Mortgage Balance
$426,181Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$959/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,374
$426,181
2025
$75,459
$350,722
$426,181
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,374
$426,181

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$426,181
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
5.4%

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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7056 Hovenkamp Ave | Property Details | No Agent List