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$318,000

NAL Estimated Property Value

7205 Timberlane Drive, North Richland Hills, TX, 76182

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,728 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.31 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size9,060 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN8820-5R-2
Lot Number2
SubdivisionCrestwood Estates Addition
Land UseResidential
Legal DescriptionCRESTWOOD ESTATES ADDITION BLOCK 5R LOT 2
Census Tract113210
Assessed Land Value$60,000
Assessed Improvement Value$154,877
Assessment Year2025

About this property

Wonderfully cared for home at the end of a quiet street. Spacious and highly functional split bedroom floor plan features 3 bedrooms and 2 bathrooms. As you walk into the home you are greeted by the formal living or dining full of natural light from the bay windows. Large living room includes a gas log fireplace and provides plenty of space for entertaining guests. Guest bedrooms are well sized and perfect for a growing family. Master suite includes a panoramic view of the large back yard full of oak trees, his and her separate vanities and closets. Peaceful and full of shade this back yard is one you can enjoy year round. Gather with friends and family to grill out under the covered patio while the kids play.

Investor Tools

Property Icon
$318,000
Estimated Property Value
$118,847Estimated Mortgage Balance
$199,153Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,908 /month
Positive
Cash Flow Estimate:
$636 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$465/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,985
$214,877
2025
$60,000
$154,877
$214,877
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,985
$214,877

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$129,900
No
First
Nov 23, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$118,847
$199,153
62%
37%
$779/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$779/mo
+$1,381/mo
8.2%

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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7205 Timberlane Drive | Property Details | No Agent List