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Updated over 3 years ago on . Most recent reply

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Shaan Kashmir
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How is Rental market in 76117 - North Richland Hills, TX area.

Shaan Kashmir
Posted

Hi All - I bought a property in North Richland Hills at the border of Haltom City. I didnt intend to flip it and wanted to hold it and rent it out. I wanted to get some expert advice from realtors in that zip code who are familiar with that area to see if that is a sound investment as a rental or not a good rental market. Welcome advice from someone who has rentals in that area. Appreciate any feedback. 3/2 Bath - 2200sqft, large backyard.

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Bruce Lynn#1 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
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Bruce Lynn#1 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
Replied

2200sqft is probably a big rental for the area.  Maybe double the size of many homes in the area.

I guess it just depends on what you paid and what you want to charge for rent.

Average rental price in HC is about $1500/month over the last 6 months...only one home I see on the market right now.

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