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$363,000

7561 Reis Ln, North Richland Hills, TX, 76182

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,822 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.54 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesBuilt-In Gas Range, Dishwasher, Microwave, Refrigerator

Exterior

Lot Size1,930 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN44276A-A-18
Lot Number18
SubdivisionUrban Trails Addition
Land UseResidential
Legal DescriptionURBAN TRAILS ADDITION BLOCK A LOT 18 PLAT D220060776 PH I
Census Tract113215
Assessed Land Value$70,000
Assessed Improvement Value$237,839
Assessment Year2025

About this property

Luxury 3 bed 2 bath Townhome Living in North Richland Hills! This stunning 3 bedroom, 2 bath townhome in North Richland Hills is brand new and ready for you to call home! Stylishly designed with high-end finishes throughout, this gem offers the perfect blend of modern comfort and peaceful living. Here's what you'll love: Chef's kitchen: The open-concept kitchen is a dream, featuring a gas stove, built-in microwave, and sleek countertops. It seamlessly flows into the living area, creating the perfect space for entertaining friends and family. Spa-like retreat: The master bathroom is an oasis of relaxation, boasting a show stopping walk-in shower and luxurious finishes. Modern design: Enjoy a contemporary aesthetic with high-end finishes throughout. Peaceful surroundings: This townhome is nestled in a quiet new neighborhood, offering a tranquil escape from the hustle and bustle. Easy living: The HOA maintains the lawn, so you can spend less time on chores and more time enjoying your new home. Don't miss out on this incredible opportunity to live in a brand-new, luxury townhome! Contact us today to schedule a viewing.

Investor Tools

Property Icon
$363,000
Estimated Property Value
$24,879Estimated Mortgage Balance
$339,899Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,178 /month
Positive
Cash Flow Estimate:
$726 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$764/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,348
$307,839
2025
$70,000
$237,839
$307,839
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,348
$307,839

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Veritex Community Bank
Unknown
$24,879
No
First
Jul 11, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$23,101
$339,899
93%
6%
$150/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.

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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: North Richland Hills

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7561 Reis Ln | Property Details | No Agent List