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$409,000

NAL Estimated Property Value

8228 Clear Spring Ln, North Richland Hills, TX, 76182

$531,700 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,949 Sq Ft
price_per_sqft$215.22 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Double Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesLighting, Rain Gutters, Storage
Lot Size4,356 sqft

Building Information

Year Built2014
Garage Spaces3

Land Information

APN42003P---2----1---91
Lot Number1
SubdivisionThornbridge West
Land UseResidential
Legal DescriptionTHORNBRIDGE WEST BLOCK 2 LOT 1 SCHOOL BOUNDARY SPLIT
Census Tract113814
Assessed Land Value$34,040
Assessment Year2025

About this property

Stunning custom home situated on a large corner lot in exclusive Thornbridge. As you walk into this lovely open, light & bright home the living room welcomes you to high ceilings, extensive crown molding, a wall of beautiful windows with a stone gas fireplace, executive office includes french doors, built in cabinets & a unique dome ceiling, gourmet kit is open to the living & dining offering granite countertops, SS appliances, dual ovens, 6 burner gas cooktop, custom cabinets, pullout spice racks, pot filler, walk in pantry & extra storage. Master suite a luxurious retreat with trey ceilings & a sitting area. Master bath includes dual vanities, soaking bathtub, large walk-in shower & closet, built in dresser & lockable cabinet. Upstairs has 2 bdrms, 2nd living open to downstairs with Juliet balcony & added sliding doors for privacy, an oversized media room & bar. Inviting large backyard with gas fireplace, cedar pergola & beautifully manicured yard. Split Keller & Birdville ISD.

Investor Tools

Property Icon
$409,000
Estimated Property Value
$153,437Estimated Mortgage Balance
$255,563Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$531,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,099 /month
Positive
Cash Flow Estimate:
$1,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$243/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$868
$34,040
2025
$34,040
N/A
$34,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$868
$34,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Achieva Mortgage Funding Llc
Stand Alone Second / Subordinate Position
$164,955
No
First
Aug 1, 2022
Sep 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$153,437
$255,563
62%
38%
$989/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
$1,339/mo
+$1,331/mo
7.8%

City: North Richland Hills

8228 Clear Spring Ln | Property Details | No Agent List