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$242,000

NAL Estimated Property Value

7340 Bridges Ave, Richland Hills, TX, 76118

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,400 Sq Ft
price_per_sqft$192.86 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Plumbed For Ice Maker
FlooringCeramic Tile, Vinyl

Exterior

Lot Size4,870 sqft

Building Information

Year Built1956
Garage Spaces2

Land Information

APN34090-K-6A1
Lot Number6A1
SubdivisionRichland Hills Addition
Land UseResidential
Legal DescriptionRICHLAND HILLS ADDITION BLOCK K LOT 6A1
Census Tract113301
Assessed Land Value$24,350
Assessment Year2025

About this property

Gorgeous and unique home in Richland Hills! Home includes additional .118 acre lot next door for a total of .38 acres! Excellent location at the end of the street, with no through traffic! Open floor plan offers large living area, garage can be converted for additional living space! Large storage shed with storage room galore! Plenty of room for RV's, storage sheds, or extra vehicles! Excellent location! Only 15 minutes to DFW airport, 13 minutes to downtown Ft. Worth and 30 Minutes to Downtown Dallas!

Investor Tools

Property Icon
$242,000
Estimated Property Value
$0Estimated Mortgage Balance
$242,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$145/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$536
$24,350
2025
$24,350
N/A
$24,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$536
$24,350

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$242,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
9.6%

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: Richland Hills

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7340 Bridges Ave | Property Details | No Agent List