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$321,977

NAL Estimated Property Value

7621 Palomar Drive, North Richland Hills, TX, 76180

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,457 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.2 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

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

Exterior

Exterior FeaturesStorage
Lot Size9,243 sqft

Building Information

Year Built1961
Stories1
Garage Spaces2

Land Information

APN28240-48-9
Lot Number9
SubdivisionNor' East Addition
Land UseResidential
Legal DescriptionNOR' EAST ADDITION BLOCK 48 LOT 9
Census Tract113217
Assessed Land Value$50,000
Assessed Improvement Value$271,977
Assessment Year2025

About this property

Large and open living area, dining area, and kitchen. Kitchen and utility rooms have been enlarged adding usable square footage. Kitchen upgrades include new stainless steel appliances, new soft close cabinets, new white herringbone tile backsplash, updated hardware and fixtures, and new flooring. Fresh paint throughout, large walk in pantry with lots of shelving, and large laundry room with plenty of room for freezer and storage. Updated raised panel doors, new 10x 12 storage shed, and large backyard with mature trees. Won't last long!!

Investor Tools

Property Icon
$321,977
Estimated Property Value
$168,058Estimated Mortgage Balance
$153,919Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,932 /month
Positive
Cash Flow Estimate:
$644 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$515/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,565
$321,977
2025
$50,000
$271,977
$321,977
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,565
$321,977

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$194,000
No
First
Aug 15, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,058
$153,919
47%
52%
$1,164/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$1,164/mo
+$996/mo
8.1%

City: North Richland Hills

7621 Palomar Drive | Property Details | No Agent List