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$296,000

NAL Estimated Property Value

7216 Karen Drive, North Richland Hills, TX, 76180

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,742 Sq Ft
price_per_sqft$117.68 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesPlumbed For Ice Maker
FlooringWood

Exterior

Private PoolPrivate Pool
Lot Size10,110 sqft

Building Information

Year Built1958
Stories1
Garage Spaces1

Land Information

APN34230-29-7R
Lot Number7R
SubdivisionRichland Terrace Addition
Land UseResidential
Legal DescriptionRICHLAND TERRACE ADDITION BLOCK 29 LOT 7R
Census Tract113213
Assessed Land Value$50,171
Assessed Improvement Value$231,829
Assessment Year2025

About this property

When your buyers walk in to this totally remodeled gem, they will know this is HOME sweet home. It has it all, wood & laminate floors, new ceiling fans, granite countertops, backsplash updated stainless steel appliances. Located close to Fort Worth & Dallas area. And for your hot summers, and family gatherings, spacious backyard, plenty of storing space. pool,with new pool equipment. A must see!!! We are willing to do a owner finance with this property as well

Investor Tools

Property Icon
$296,000
Estimated Property Value
$178,028Estimated Mortgage Balance
$117,972Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,776 /month
Positive
Cash Flow Estimate:
$592 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$466/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,115
$282,000
2025
$50,171
$231,829
$282,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,115
$282,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Firsttrust Home Loans Inc
Stand Alone Second / Subordinate Position
$6,038
No
First
Apr 23, 2019
Apr 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,028
$117,972
39%
60%
$1,244/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$1,244/mo
+$916/mo
8.8%

City: North Richland Hills