Single-Story Duplex with Fenced
For Sale
$432,000
Pending
7629 & 7633 Evergreen Road, Richland Hills, TX 76118
MULTI_FAMILY - Richland Hills, TX
Property Size1,791 SF
Lot Size0.12 Acres
Days on Market17
Property Features for 7629 & 7633 Evergreen Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 3, Bedroom 4, Bathroom 3
Parking
2
Parking features
Garage, Carport
Patio and Porch features
Porch, Deck
Interior features
BuiltInFeatures, DecorativeDesignerLightingFixtures, GraniteCounters, OpenFloorplan, WalkInClosets
Exterior features
Lighting, Storage
Fencing
Fenced, Gate
Appliances
Dishwasher, ElectricRange, Disposal, Microwave
Subdivision
Leigh Jennifer Add
Lot features
Back Yard, Lawn, Landscaped, Few Trees
Elementary school
Jackbinion
Middle school
Richland
High school
Richland
Elementary school district
Birdville ISD
Middle school district
Birdville ISD
High school district
Birdville ISD
Directions
820 West to Glenview, South on Booth Calloway, west on Evergreen Rd. Duplex is 7629-7633 Evergreen.
Standard status
Pending
APN
05724341
Size
1,791 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Description
LEIGH, JENNIFER ADDITION BLOCK 5 LOT 4A
Tax Annual Amount
1799
Legal Description
LEIGH, JENNIFER ADDITION BLOCK 5 LOT 4A
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Ceiling Fan(s), Central Air
Water source
Public
Building Details
Year built
1982
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Building materials
Brick, Concrete, WoodSiding
Roof type
Composition
Additional Structures
Storage
Listing Agency:
Keller Williams Realty
(817) 329-8850
Listed By:
Michelle Rawls · License #0637763
(817) 329-8850
Added: Jul 14
Changed: Jul 30
Last Checked: Jul 30 at 6:06PM
MLS# 21298660
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully vacant, single-story duplex is configured as two similar 2-bedroom, 2-bath homes with separate utilities. Each unit has its own private front entrance, individual driveway, and an attached covered carport, along with a spacious fenced backyard for outdoor use. Exterior storage rooms are included, and one side also has a ranch-style storage shed. Interior updates include fresh neutral paint, luxury vinyl plank flooring, updated lighting, window coverings, and LED kitchen lighting. The galley-style kitchens feature granite countertops and backsplashes, stainless steel appliances, breakfast bars, and ample cabinet space. Comfort and day-to-day convenience are supported by central HVAC, indoor laundry closets with washer and dryer hookups, walk-in closets, and abundant storage, plus garbage disposals and refrigerator ice-maker connections. The roof was replaced in 2019.
The property is located in Richland Hills, Texas, with access to major highways and nearby shopping, dining, schools, and entertainment. It provides easy access to both Fort Worth and Dallas, supporting a variety of residential buyer and tenant needs.
For owner-occupants, the separate-utility layout can support privacy while living in one unit and renting the other. For investors, the move-in-ready condition, independent entrances, and fenced outdoor areas may simplify managing two households under one roof, with no HOA requirements.
The property is located in Richland Hills, Texas, with access to major highways and nearby shopping, dining, schools, and entertainment. It provides easy access to both Fort Worth and Dallas, supporting a variety of residential buyer and tenant needs.
For owner-occupants, the separate-utility layout can support privacy while living in one unit and renting the other. For investors, the move-in-ready condition, independent entrances, and fenced outdoor areas may simplify managing two households under one roof, with no HOA requirements.
Key Highlights
- Fully vacant, single‑story duplex with two similar 2‑bedroom, 2‑bath floor plans
- Each unit has separate utilities, individual driveways, private front entrances, and attached covered carports
- Recently updated interiors with fresh paint, luxury vinyl plank flooring, updated lighting, and window coverings
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.7k | $12.12 |
| − Vacancy | −$2.4k | −$1.36 |
| EGI | $19.3k | $10.76 |
| − OpEx | −$5.8k | −$3.23 |
| NOI | $13.5k | $7.53 |
1,791 SF · lease $12.12/SF/yr · vacancy 11.21% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$192.7K
$168.7K – $224.9K
NOI $13,492 @ 7.0% cap · market cap 3.12%
Second Best
Apartment 5plus
$167.6K
$146.6K – $195.5K
NOI $11,729 @ 7.0% cap · market cap 2.72%
Theoretical Best
Office A
$630.0K
$551.3K – $735.0K
NOI $44,102 @ 7.0% cap · market cap 10.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
696
Businesses Nearby
Explore this area
Business Placement
Demographics for 76118, TX
16,537
Population
6,584
Households
2.5
Avg Household Size
37
Median Age
27%
College-Educated
89%
High-School Grad
9.7 sq mi
ZIP Area
1,705
Density / Sq Mi
$90,453
Median Household Income
$47,969
Median Earnings
$1,400
Median Rent
$290,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Fully vacant two-unit duplex with separate utilities, private entrances, and fenced backyards for flexible occupancy or rental plans.
Where is this duplex located?
The property is located at 7629 & 7633 Evergreen Road Richland Hills, TX.
What is the asking price?
The asking price for this property is $432,000.
What are key features of this property?
This property features: Fully vacant, single‑story duplex with two similar 2‑bedroom, 2‑bath floor plans; Each unit has separate utilities, individual driveways, private front entrances, and attached covered carports; Recently updated interiors with fresh paint, luxury vinyl plank flooring, updated lighting, and window coverings
