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$301,000

NAL Estimated Property Value

7609 Richland Road, Richland Hills, TX, 76118

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,513 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.97 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesLighting
Lot Size13,355 sqft

Building Information

Year Built1957
Stories1
Garage Spaces2

Land Information

APN34090-70-22
Lot Number22
SubdivisionRichland Hills Addition
Land UseResidential
Legal DescriptionRICHLAND HILLS ADDITION BLOCK 70 LOT 22
Census Tract113301
Assessed Land Value$55,034
Assessed Improvement Value$204,966
Assessment Year2025

About this property

Beautifully remodeled 3bed 2 bath. Paint inside and out, flooring, tile, roof, lighting, fans, tub, toilets, vanities, cabinets, granite counter tops, mirrors, blinds and appliances new in October and November 2020. Nest thermostat for HVAC. Large covered patio and workshop. Garage openers. Buyer to verify schools, room sizes and amenities,

Investor Tools

Property Icon
$301,000
Estimated Property Value
$209,714Estimated Mortgage Balance
$91,286Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,806 /month
Positive
Cash Flow Estimate:
$602 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$486/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,322
$260,000
2025
$55,034
$204,966
$260,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,322
$260,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Fha
$233,689
Yes
First
Jan 29, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$209,714
$91,286
30%
70%
$1,402/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,402/mo
+$525/mo
7.7%

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: Richland Hills

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7609 Richland Road | Property Details | No Agent List