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$625,000

8605 Nichols Way, North Richland Hills, TX, 76180

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,964 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$318.23 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Convection Oven, Vented Exhaust Fan
FlooringCarpet, Hardwood, Stone

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Private Yard
Lot Size6,373 sqft

Building Information

Year Built2007
Stories1
Garage Spaces2

Land Information

APN19077-Y-4
Lot Number4
SubdivisionHome Town Nrh West
Land UseResidential
Legal DescriptionHOME TOWN NRH WEST BLOCK Y LOT 4
Census Tract113221
Assessed Land Value$62,220
Assessed Improvement Value$397,780
Assessment Year2025

About this property

Welcome to 8605 Nichols Way, a stunning HomeTown residence in North Richland Hills ideally positioned across from the park, offering beautiful views and a lifestyle rooted in charm, comfort, and convenience. This thoughtfully designed 3 bedroom, 2 bath home blends timeless character with everyday livability, featuring an open-concept floor plan, tall ceilings, hardwood floors in the main living areas, and travertine floors in the kitchen, laundry room, and bathrooms. At the heart of the home, the kitchen custom, stained Knotty Alder cabinetry, stainless steel appliances with a gas cooktop, KitchenAid convection oven and microwave, expansive granite counters, walk-in pantry, and extra cabinetry for dining ware, serving pieces, and everyday storage. The eat-in kitchen opens beautifully to the spacious family room, creating a warm gathering space with a decorative brick and stone gas fireplace, tall ceilings, natural light, plantation shutters and an inviting dining area perfect for everyday meals or entertaining. The private primary suite offers a peaceful retreat with charming window seat, perfect for reading and ensuite bath with a garden tub, recently installed frameless glass shower, dual vanity, and large California closet. Two additional bedrooms provide wonderful flexibility, with the third bedroom serving beautifully as a sitting room, home office, or extra living space. Outside, enjoy a tranquil backyard escape designed for relaxation and connection. The covered patio overlooks blooming landscaping, dry rock bed and sparkling pool with water feature, updated stained fencing, and outdoor swing made for quiet mornings, evening conversations, or time with family and friends. With its park-facing location, quality finishes and peaceful outdoor retreat, this HomeTown gem offers a rare opportunity to enjoy one of North Richland Hills’ most beloved neighborhoods with parks, trails, green spaces, and community charm just moments from your front door.

Investor Tools

Property Icon
$561,000
Estimated Property Value
$320,000Estimated Mortgage Balance
$273,831Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$538/month
$328/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,647
$460,000
2025
$62,220
$397,780
$460,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,647
$460,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trinity Oaks Mortgage Llc
Conventional
$320,000
No
First
Mar 15, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,169
$273,831
48%
51%
$1,919/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$2,247/mo
$-87/mo
4.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: North Richland Hills

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8605 Nichols Way | Property Details | No Agent List