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$339,500

$345,000

7505 Reis Ln, North Richland Hills, TX, 76182

On MarketInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths1,662 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$204.27 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Gas Range, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size1,586 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN44276A-A-4
Lot Number4
SubdivisionUrban Trails Addition
Land UseResidential
Legal DescriptionURBAN TRAILS ADDITION BLOCK A LOT 4 PLAT D220060776 PH I
Census Tract113215
Assessed Land Value$70,000
Assessed Improvement Value$292,717
Assessment Year2025

About this property

Welcome to this gorgeous townhome in North Richland Hills, offering stylish finishes, an open-concept design, and an unbeatable location. Ideally situated with quick access to Loop 820, SH 121, and major commuting routes, this home is just minutes from shopping, dining, parks, trails, and recreation, including The Shoppes at Crown Point, NRH Centre, NRH2O Family Water Park, and the city's extensive parks and trail system and within walking distance to the Smithfield Train Station! This 3-bedroom, 2.5-bath home features a spacious living room that flows seamlessly into the beautifully appointed kitchen, complete with quartz countertops, a breakfast bar, stainless steel appliances, a gas range, and a large walk-in pantry. Upstairs, you'll find all three bedrooms along with a versatile loft that's perfect as a reading nook, home office, or additional living space. A convenient half bath is located downstairs for guests, and the attached 2-car garage provides plenty of storage. Enjoy an easy commute to DFW International Airport, and Downtown Fort Worth and Dallas while experiencing the convenience and low-maintenance lifestyle this beautiful townhome has to offer.

Investor Tools

$275,937Estimated Mortgage Balance
$92,491Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,202 /month
Positive
Cash Flow Estimate:
$734 /month

Interested in this property?

Alisha Rosse

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$657/month
$280/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,044
$362,717
2025
$70,000
$292,717
$362,717
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,044
$362,717

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ntfn Inc
Conventional
$292,000
No
First
May 5, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$275,937
$86,780
23%
75%
$1,751/mo

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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7505 Reis Ln | Property Details | No Agent List