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$589,000

7408 Park Place Drive, North Richland Hills, TX, 76182

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,967 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.37 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Convection Oven, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesCourtyard, Rain Gutters, Private Yard
Lot Size5,776 sqft

Building Information

Year Built2013
Stories2
Garage Spaces2

Land Information

APN8820-6-11R4
Lot Number11R4
SubdivisionCrestwood Estates Addition
Land UseResidential
Legal DescriptionCRESTWOOD ESTATES ADDITION BLOCK 6 LOT 11R4
Census Tract113210
Assessed Land Value$75,000
Assessed Improvement Value$451,808
Assessment Year2025

About this property

**MULTIPLE OFFERS, HIGHEST & BEST DUE THURSDAY 1-25-24 12PM CST.**Stunning Sanctuary in North Richland Hills! Treat yourself to a luxurious lifestyle in this 4 bed, 3 bath upscale home tucked away on a private lot in a quiet cul-de-sac. The gourmet kitchen, glowing with granite counters, is a chef’s delight with a gas cooktop, convection oven, island and convenient pot filler. Accordion glass doors invite the outdoors in, revealing a low-maintenance courtyard with an outdoor fireplace. Hand scraped wood floors and a cozy inside fireplace add a tasteful touch to the open floor plan. The media room is perfect for at-home entertainment. Enjoy upgraded features such as a wine room off the formal dining room along with a safe room located in the first floor secondary bedroom closet. Amazing, executive style layout crafted by a custom builder. Ideally located in Birdville ISD and close to all amenities. Don't miss out on this exquisite home!

Investor Tools

Property Icon
$589,000
Estimated Property Value
$0Estimated Mortgage Balance
$589,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,534 /month
Positive
Cash Flow Estimate:
$1,178 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,022/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,322
$526,808
2025
$75,000
$451,808
$526,808
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,322
$526,808

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$589,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$600/mo
+$1,560/mo
4.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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7408 Park Place Drive | Property Details | No Agent List