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$520,000

3116 Dreeben Dr, Richland Hills, TX, 76118

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths4,104 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.71 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Dishwasher, Gas Cooktop, Disposal, Refrigerator
FlooringCarpet

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Lighting, Rain Gutters, Storage
Lot Size19,058 sqft

Building Information

Year Built1956
Stories1
Garage Spaces2

Land Information

APN34120-4-6
Lot Number6
SubdivisionRichland Hills South Addition
Land UseResidential
Legal DescriptionRICHLAND HILLS SOUTH ADDITION BLOCK 4 LOT 6
Census Tract113302
Assessed Land Value$63,587
Assessed Improvement Value$313,123
Assessment Year2026

About this property

RARE FIND! 4,100 square feet updated home on nearly half an acre with heated diving pool, 48-foot RV and Boat Parking! 4-bedroom, 3.5 bath Updated kitchen is a chef's dream , commercial-grade Frigidaire Professional Appliances, 5-Burner Gas Cooktop, Double Ovens and Huge Built-in commercial stainless steel Refrigerator Freezer. The 4th bedroom, located on the lower pool and patio level with a full bath, offers flexible use as a Game Room, Guest Quarters, Second Primary Suite, or In-Law Suite. Outdoor living is a highlight with a heated diving pool, 20 x 12 balcony overlooking the pool, 29 x 11 covered flagstone patio, and 27 x 10 covered front porch. ENERGY-SAVING SOLAR PANELS generate electricity from sunlight to help power the home and potentially reduce monthly electric bills. Solar panels will be PAID IN FULL BY SELLER at closing, allowing buyers to enjoy the benefits of solar energy with no solar loan to assume! Additional features include a Generac backup generator, buried 250-gallon propane tank, 19 x 6 pool shed, and 8 x 6 tool shed, both sheds equipped with electricity. A unique property offering generous living space, versatile accommodations, and exceptional outdoor amenities! Full list of features in MLS transaction desk.

Investor Tools

$205,506Estimated Mortgage Balance
$230,494Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,120 /month
Positive
Cash Flow Estimate:
$1,040 /month

Interested in this property?

Elvera Rose

Texas Dreams Real Estate, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$718/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,438
$376,710
2026
$63,587
$313,123
$376,710
No

Tax History

Year
Tax Paid
Assessed Value
2026
$6,438
$376,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$174,063
No
First
Nov 17, 2012
Dec 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,506
$230,494
52%
47%
$1,645/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$1,645/mo
+$1,225/mo
7.9%

City: Richland Hills

3116 Dreeben Dr | Property Details | No Agent List