North Richland Hills, TX 76180 4020 Chapel Park Drive

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Presented By: Stephanie Browne with MAGNOLIA REALTY; 940-294-6916
  • MLS# 20629408
  • 06/01/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 6
  • Baths • 4
  • Garage • 4

Home Details

Welcome Home to this charming, well-maintained duplex in the heart of North Richland Hills! This property is a golden opportunity for both investors and homeowners. Each unit is beautifully kept, featuring spacious 3-bedroom, 2-bathroom layouts that offer comfort and style. One of the standout features of this duplex is its significant upside potential for rental income growth. With both tenants being long-term and leases up for renewal in the next 60 days, the timing is perfect for maximizing returns. Whether you're aiming to boost your investment portfolio or prefer to live in one unit while renting out the other, this duplex offers incredible versatility. Situated in a desirable neighborhood with easy access to highways 820 and 121, this property combines convenience with a high quality of life. Don’t miss this prime opportunity to secure a solid investment in North Richland Hills. Schedule a showing today and imagine the possibilities this lovely duplex has to offer!
Presented By: Stephanie Browne with MAGNOLIA REALTY; 940-294-6916

Interior Features for 4020 Chapel Park Drive

Bedrooms

Total Bedrooms6

Bathrooms

Full Baths4
Total Baths4

Other Interior Features

Fireplace FeaturesBrick, Living Room, Wood Burning
Unit Count1
Fireplaces Total2
Lock Box TypeBlue iBox
Basement Y/NNo
FlooringCarpet, Tile
Interior FeaturesCable TV Available, High Speed Internet Available, Vaulted Ceiling(s), Walk-In Closet(s)
Occupancy Rate100
Total Units2

General for 4020 Chapel Park Drive

# of Buildings1
Accessory Unit YNNo
AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater, Trash Compactor
Buyer Agent Compensation3.0
Buyer Agent Compensation Type%
Capitalization Rate6.38
CityNorth Richland Hills
Complex NameN/A
Construction MaterialsBrick
CoolingCentral Air, Electric, Wall/Window Unit(s)
CountyTarrant
DirectionsFrom 820 exit Rufe Snow and go South to Glenview Drive. Turn right on Glenview and then left onto Chapel Park. Duplex is on your left.
Elementary SchoolMullendore
Elementary School NameMullendore
ExclusionsAll tenant possessions.
Gross Annual Expenses8600.00
HOA TypeNone
HeatingCentral, Fireplace(s), Natural Gas
High SchoolRichland
Insurance Expense3300
LevelsTwo
Number of Garage Spaces4
Occupant TypeTenant
Operating Expense IncludesInsurance, Maintenance
Pool Y/NNo
PossessionSubject to Lease
Property SubTypeDuplex
Property TypeResidential Income
RoofAsphalt, Shingle
School DistrictBirdville ISD
Security FeaturesSmoke Detector(s)
Standard StatusPending
StatusPending
Subdivision NameGlenwick Park
Unexempt Taxes5302
UtilitiesCity Sewer, City Water, Curbs, Electricity Connected, Individual Gas Meter, Individual Water Meter, Sidewalk
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1986
Year Built DetailsPreowned

Exterior for 4020 Chapel Park Drive

Attached Garage Y/NYes
Building Area Total2776.00
Covered Spaces4
Exterior FeaturesRain Gutters, Private Entrance, Private Yard
FencingWood
Foundation Slab
Garage Length20
Garage Width18
Garage Y/NYes
Lot FeaturesFew Trees, Interior Lot
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.1768
Lot Size Area0.1768
Lot Size SourcePublic Records
Lot Size Square Feet7701.4080
Lot Size UnitsAcres
Number Of Parking Spaces4
Parking FeaturesGarage Door Opener, Garage Double Door, Garage Faces Front
WaterfrontNo

Additional Details

Price History

Schools

Middle School N/A
Elementary School Mullendore Elementary School
High School N/A

Worth Clark

Price $500,000
MLS#20629408
List Date 06/01/2024
Property Type Pending
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