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$700,000

NAL Estimated Property Value

8048 Green Valley Dr, North Richland Hills, TX, 76182

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,376 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$292.51 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

BankruptcyAbsentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesStorage
Lot Size2.06 acres

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN7650--4
Lot Number4
SubdivisionCollege Acres Addition
Land UseResidential
Legal DescriptionCOLLEGE ACRES ADDITION LOT 4
Census Tract113210
Assessed Land Value$329,500
Assessed Improvement Value$210,078
Assessment Year2025

About this property

Acreage in the heart of North Richland Hills, this beautifully reimagined single-story home offers a rare combination of space, privacy, and functionality. Inside, the home’s layout features spacious living areas, a cozy brick fireplace, an amazing raised ceiling in the living room and kitchen area, and all new flooring, windows and doors that fill the space with natural light. The gorgeous new kitchen is equipped with a built-in gas range, stainless appliances, and generous storage in the modern island, perfect for family gatherings and entertaining. The property includes a detached 2-car garage plus a detached 4-car garage workshop, providing ample room for vehicles, hobbies, or storage. Step outside to your own private retreat in the massive backyard ideal for kids, sports, or outdoor events. The lot’s mature trees and open grassy areas create a serene, park-like atmosphere with room to expand, garden, or add a pool. Conveniently located off Davis Boulevard near schools, shopping, and major highways, this property blends country space with city convenience. A rare find with room to live, play, and grow in the desirable Birdville ISD.

Investor Tools

Property Icon
$700,000
Estimated Property Value
$615,119Estimated Mortgage Balance
$84,881Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,200 /month
Positive
Cash Flow Estimate:
$1,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,267/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,709
$539,578
2025
$329,500
$210,078
$539,578
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,709
$539,578

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Foundation Mortgage Corp
Conventional
$636,000
No
First
Jul 26, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$615,119
$72,881
10%
88%
$3,814/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$3,814/mo
$-1,654/mo
3.7%

Learn About the Market: Opportunity in Texas

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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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8048 Green Valley Dr | Property Details | No Agent List