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$600,000

7401 Bursey Rd, North Richland Hills, TX, 76182

$652,003 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,700 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$213.51 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

BankruptcyAuctionPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCeramic Tile, Hardwood, Laminate

Exterior

Private PoolPrivate Pool
Lot Size1.88 acres

Building Information

Year Built1968
Stories1
Garage Spaces4

Land Information

APNA-310---1B01A--20
SubdivisionCondra, John Survey
Land UseResidential
Legal DescriptionCONDRA, JOHN SURVEY ABSTRACT 310 TRACT 1B1A & A 1266 TR 1B2
Census Tract113813
Assessed Land Value$316,000
Assessed Improvement Value$216,500
Assessment Year2025

About this property

MOTIVATED SELLER Nestled on a corner lot with1.88 acres of prime land, this exceptional property offers space, comfort, and potential. Step into a home designed for both relaxation and entertainment, featuring expansive rooms that invite you to create memories and a massive game room perfect for hosting game nights or movie marathons. The thoughtfully designed layout provides flexibility to suit your lifestyle. A standout feature is the impressive 4-car garage, ideal for car enthusiasts or extra storage, paired with a circular driveway that provides elegance and convenience. Whether you’re entertaining guests or enjoying quiet evenings, this property offers an unmatched sense of serenity. What truly sets this home apart is its incredible potential. Sitting on 1.88 acres, the property can be subdivided, opening doors to future investment opportunities or multi-generational living solutions. Whether you envision expanding, developing, or simply enjoying the vast space, the choice is yours. Don’t miss this rare chance to own a property that offers so much more than just a home—it’s a lifestyle and a canvas for your dreams. Solar Panels are a lease and are transferable.

Investor Tools

Property Icon
$600,000
Estimated Property Value
$0Estimated Mortgage Balance
$600,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,740 /month
Positive
Cash Flow Estimate:
$1,580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$589/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,073
$532,500
2025
$316,000
$216,500
$532,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,073
$532,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$600,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
N/A
+$2,160/mo
4.3%

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.

Explore Texas Explore This Area
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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7401 Bursey Rd | Property Details | No Agent List