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$287,000

NAL Estimated Property Value

7116 Chapman Dr, North Richland Hills, TX, 76182

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,423 Sq Ft
price_per_sqft$210.82 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal
FlooringLuxury Vinyl Plank

Exterior

Lot Size7,649 sqft

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN30130-4-5
Lot Number5
SubdivisionNorth Park Estates
Land UseResidential
Legal DescriptionNORTH PARK ESTATES BLOCK 4 LOT 5
Census Tract113214
Assessed Land Value$50,000
Assessed Improvement Value$211,311
Assessment Year2025

About this property

Multiple offers received submit best and final by 12pm 5-23 Welcome to your dream home in North Richland Hills, Texas, nestled just steps away from the picturesque Richfield Park. This stunning property has undergone an impeccable remodel, offering you the perfect blend of modern comforts and classic charm. With 3 bedrooms, 2 bathrooms, and a prime location, this home is truly a gem. The fully remodeled kitchen is a chef's delight, featuring high-end stainless steel appliances, sleek quartz countertops and ample cabinet space. The master bedroom is a serene retreat, boasting a generous layout, plush carpeting, and a private en-suite bathroom. The two additional bedrooms are equally spacious and versatile, perfect for accommodating family, guests, or transforming into a home office or hobby space. Don't miss the opportunity to make this remodeled beauty your new home. Schedule your showing today and start living the life you've always dreamed of in North Richland Hills, Texas.

Investor Tools

Property Icon
$287,000
Estimated Property Value
$280,456Estimated Mortgage Balance
$6,544Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$592/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,670
$261,311
2025
$50,000
$211,311
$261,311
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,670
$261,311

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Flanagan State Bank
Fha
$283,765
Yes
First
Sep 9, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,456
$6,544
2%
98%
$1,702/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$1,702/mo
+$458/mo
9.0%

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.

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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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7116 Chapman Dr | Property Details | No Agent List