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North Richland Hills Duplex With Premier Schools | $340k

7316 Davis Blvd, North Richland Hills
ROI
16.25% IRR
Strategy
Long Term Rental
$3,200–$3,300/month is the realistic stabilized rent target on this North Richland Hills duplex. One side is vacant, and the other side is occupied by a 12-year tenant paying $1,450/month on a month-to-month lease, which is below the likely $1,600–$1,650 market rent. These are large 2 bed / 2 bath units over 1,000 sqft each, and there is room to make cosmetic updates and force value. I think you can land this around $340k and push the value closer to $375k with the right plan.

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North Richland Hills Duplex With Premier Schools | $340k

Listed 06/04/2026

7316 Davis Blvd, North Richland Hills

Purchase Price:$340,000

Cash Outlay:$91,800

Cashflow:$317/mo

Cap Rate:6.95%

IRR:16.25%

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