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$799,000

7272 Glenview Dr, Richland Hills, TX, 76180

On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths1,845 Sq Ft
RetailRetail
Year BuiltBuilt in 1953

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringHardwood

Exterior

Lot Size16,997 sqft

Building Information

Year Built1953

Land Information

APN34090-20-1
Lot Number1
SubdivisionRichland Hills Addition
Land UseCommercial
Legal DescriptionRICHLAND HILLS ADDITION BLOCK 20 LOT 1
Census Tract113301
Assessed Land Value$93,501
Assessed Improvement Value$42,699
Assessment Year2025

About this property

A fully renovated, turnkey indoor-outdoor venue opportunity in the heart of Richland Hills. Thoughtfully upgraded from top to bottom, the property blends modern infrastructure improvements with a warm, inviting event atmosphere, making it ideal for entertainment, private events, boutique hospitality, creative office, or specialty retail concepts. Extensive capital improvements have been completed, including a new roof, fresh interior and exterior paint, two new air conditioning systems, upgraded storm windows and electrical throughout the building and yard. The renovated interior features updated flooring, chandeliers, enhanced lighting, a finished deck and dance floor, creating a polished and functional event-ready space. A renovated shed with electrical service adds additional flexibility for storage, bar service, catering, or back-of-house operations. There is a grease trap that could be accessed and used. The outdoor venue area is equally impressive, featuring new turf, pavers, mulch landscaping, a new fence with three gated access points, upgraded yard lighting, and two exterior heaters, creating a versatile and intimate gathering space suitable for year-round use. The site also offers dedicated parking and utility hookups for food trucks, significantly expanding event and revenue potential. Additional infrastructure includes a security alarm system and sprinkler system, further enhancing operational readiness and safety compliance. With its extensive improvements, flexible layout, and built-in event infrastructure, 7272 Glenview Drive represents a rare opportunity for owner-operators, investors, or boutique developers seeking a stabilized, high-quality property with strong positioning for experiential use in a growing Mid-Cities submarket.

Investor Tools

$0Estimated Mortgage Balance
$136,200Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,794 /month
Positive
Cash Flow Estimate:
$1,598 /month

Interested in this property?

Heather Konopka

Heather S Konopka

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$260/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,438
$136,200
2025
$93,501
$42,699
$136,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,438
$136,200

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$136,200
100%
0%
$0/mo

City: Richland Hills