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$409,000

NAL Estimated Property Value

7242 Richlynn Terrace, Richland Hills, TX, 76118

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,407 Sq Ft
price_per_sqft$114.21 / sqft
Year BuiltBuilt in 1952

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 Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size22,773 sqft

Building Information

Year Built1952
Stories1
Garage Spaces2

Land Information

APN34090-38-3
Lot Number3
SubdivisionRichland Hills Addition
Land UseResidential
Legal DescriptionRICHLAND HILLS ADDITION BLOCK 38 LOT 3
Census Tract113301
Assessed Land Value$69,162
Assessed Improvement Value$321,838
Assessment Year2025

About this property

Large update 3 bedroom, 3 bath home. This home has double masters with large walk in closets, full body massagers in all three bathrooms. Plantations shutters throughout entire home, wood floors, large open kitchen. Large yard with alley access in rear to store boat or trailer. Granite counter, all stainless appliances stay. Easy access to North East Mall and highways.

Investor Tools

Property Icon
$409,000
Estimated Property Value
$261,047Estimated Mortgage Balance
$147,953Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,454 /month
Positive
Cash Flow Estimate:
$818 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$932/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,136
$391,000
2025
$69,162
$321,838
$391,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,136
$391,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Arcus Lending Inc
Va
$291,470
Yes
First
Dec 24, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$261,047
$147,953
36%
64%
$1,748/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,748/mo
+$179/mo
5.7%

City: Richland Hills

7242 Richlynn Terrace | Property Details | No Agent List