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$309,000

NAL Estimated Property Value

7804 Mary Frances Ln, North Richland Hills, TX, 76180

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,592 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.38 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee Owner

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, Laminate

Exterior

Lot Size11,927 sqft

Building Information

Year Built1958
Stories1
Garage Spaces2

Land Information

APN24510-B-2
Lot Number2
SubdivisionLynncrest Addition
Land UseResidential
Legal DescriptionLYNNCREST ADDITION BLOCK B LOT 2
Census Tract113213
Assessed Land Value$52,890
Assessed Improvement Value$196,712
Assessment Year2025

About this property

Multiple offers received. Please submit highest and best offer Sunday night by 10:00 p.m. Beautiful updated mid-century modern home located on a large lot in Lynncrest Addition of North Richland Hills. Entry leads you to a bright living area with a wood burning fireplace. The kitchen has a new oven and subway backsplash that compliments the cabinet cornice design. Large dining area adjoins the kitchen and looks out to a beautiful new covered patio and spacious back yard. Recent updates include laminate flooring in the living areas, new vinyl windows throughout the house (2017), new roof replaced in 2019, hot water heater replaced in 2018, driveway replaced and enlarged, and gate enlarged for vehicle access to back yard. Home is conveniently located near Northeast Mall, Medical City North Hills, and major thoroughfares.

Investor Tools

Property Icon
$309,000
Estimated Property Value
$300,282Estimated Mortgage Balance
$8,718Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,854 /month
Positive
Cash Flow Estimate:
$618 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$501/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,470
$249,602
2025
$52,890
$196,712
$249,602
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,470
$249,602

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aspire Bank
Va
$322,245
Yes
First
Sep 9, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$300,282
$8,718
2%
97%
$1,933/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$1,933/mo
+$227/mo
8.4%

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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7804 Mary Frances Ln | Property Details | No Agent List