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$305,380

NAL Estimated Property Value

7500 Evelyn Dr, Richland Hills, TX, 76118

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,801 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.47 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesStorage
Lot Size13,068 sqft

Building Information

Year Built1957
Stories1
Garage Spaces1

Land Information

APN34090-87-1
Lot Number1
SubdivisionRichland Hills Addition
Land UseResidential
Legal DescriptionRICHLAND HILLS ADDITION BLOCK 87 LOT 1
Census Tract113301
Assessed Land Value$54,602
Assessed Improvement Value$250,778
Assessment Year2025

About this property

This sweet home has so much to offer! Amazing corner lot with beautiful perennial flower beds in front and back. Side entry garage with plenty of driveway parking space. Inside, you'll find 2 living spaces and a brick wall with a fireplace that evokes the Mid Century Modern feel of the home's original architecture. The kitchen offers generous cabinet storage, granite counters, a double oven and glass cooktop, and is open to the family room. There's space to make that area a dining area as well, or you can utilize the more formal space within the front living area, or both! Primary bedroom has an ensuite bath with walk in shower. This home has been a well loved family home over the years, and with a little spiffing up, it can be a well loved home for many years to come. Walking distance to Richland Middle School, and a short drive to every possible needed amenity. MULTIPLE OFFERS RECEIVED, OFFER DEADLINE IS SUNDAY @ 6PM.

Investor Tools

Property Icon
$305,380
Estimated Property Value
$256,372Estimated Mortgage Balance
$49,008Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,832 /month
Positive
Cash Flow Estimate:
$611 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$194/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$800
$305,380
2025
$54,602
$250,778
$305,380
No

Tax History

Year
Tax Paid
Assessed Value
2024
$800
$305,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$265,500
No
First
Jun 10, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,372
$49,008
16%
84%
$1,592/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,592/mo
+$335/mo
7.6%

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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