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Days47Days on Market
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$439,900

7205 Elm Wood Drive, North Richland Hills, TX, 76182

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,846 Sq Ft
price_per_sqft$238.3 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesAwning(s)
Lot Size8,747 sqft

Building Information

Year Built1998
Stories1
Garage Spaces2

Land Information

APN30588-12-2
Lot Number2
SubdivisionOak Hills Addition
Land UseResidential
Legal DescriptionOAK HILLS ADDITION BLOCK 12 LOT 2
Census Tract113210
Assessed Land Value$85,000
Assessed Improvement Value$358,656
Assessment Year2025

About this property

Come see this rare move-in-ready family home with bonus flex space in Birdville ISD. This home is nestled in a quiet, established neighborhood, zoned for highly sought-after Porter Elementary and Smithfield Middle School. From the moment you arrive, you’ll appreciate the inviting curb appeal with mature trees and well-kept landscaping. Inside, the home features an open and airy layout with vaulted ceilings, abundant natural light, and durable wood-look flooring throughout the main living areas. The spacious living room offers a cozy fireplace and seamless flow into the dining area and kitchen—perfect for everyday living and entertaining. The kitchen is bright and functional with white cabinetry, granite countertops, stainless steel appliances, and a center island for added prep space. The adjoining breakfast area overlooks the backyard, creating a warm and welcoming space to start your day.The primary suite provides a relaxing retreat with a large ensuite bath featuring dual sinks, a soaking tub, and a separate shower. Secondary bedrooms are well-sized and versatile for family, guests, or a home office. Before you go out to the back yard, you will find a totally enclosed extra room that is added square footage, the only thing that is lacking is an HVAC vent. This added space is perfect for a sunroom, office, playroom, workout room or extra living space. Step outside to enjoy a generous backyard with mature trees, a covered patio, and plenty of room for outdoor living, play, or future customization. This home is a clean slate for you to make it your own! Conveniently located near shopping, dining, and major highways, and just approximately 20 minutes from DFW Airport, this home offers both comfort and accessibility.Don’t miss the opportunity to make this move-in ready home yours! A complimentary one year 1 percent buy down on rate is offered by the listing agent's preferred lender!

Investor Tools

$0Estimated Mortgage Balance
$446,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,676 /month
Positive
Cash Flow Estimate:
$892 /month

Interested in this property?

Kelly Tipton

JPAR

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$980/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,529
$443,656
2025
$85,000
$358,656
$443,656
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,529
$443,656

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Securities Bank
N/A
$21,900
No
First
N/A
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$446,000
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
5.8%

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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