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7520/7522 Hanover Lane

North Richland Hills, TX 76182

$420,000

2 units · 1984

Units2
Building area2,154 sq ft
Year built1984
Gross income$36,900/yr
Cap rate5.48% as listed
Parking4 spaces
Lot size0.224 acres
TypeDuplex

What it costs to own

Taxes$4,586 per year
HOANone listed
Operating expenses$13,881 per year — as listed
Insurance$3,098 per year — as listed
Net operating income$23,019 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

Full duplex, both sides are 2 bedroom, 2 full baths. Flooring is ceramic tile in the kitchen and baths, vinyl plank flooring in the living. One side has carpet in the bedrooms. Kitchen has Electric range, dishwasher, built-in microwave, and garbage disposal. One AC unit is new in 2025, The other unit has newer inside unit. Landry area has full size washer and dryer hookups. Tenants have been there since 2016 and 2019 and not wanting to move. They are great tenants, and pay on time. Their leases expire is Macch 2027. OWNER IS A LICENCED REAL ESTATE BROKER.

The details

HeatingCentral, Electric
CoolingCeiling Fan(s), Central Air, Electric
FlooringCarpet, Ceramic Tile, Luxury Vinyl Plank
AppliancesDishwasher, Disposal, Electric Range, Microwave
Interior featuresCable TV Available, Vaulted Ceiling(s)
Fireplace1 · Wood Burning

Construction materialsBrick, Siding
RoofComposition
FoundationSlab

Lot featuresInterior Lot
Water sourceCity Water
SewerCity Sewer
UtilitiesCable Available

SubdivisionMaroaks Add

ElementaryFostervill
Middle schoolNorthridge
High schoolRichland
DistrictBirdville ISD

Gross income$36,900 per year
Operating expenses$13,881 per year
Operating includesInsurance, Maintenance, Mortgage/Loans
Insurance$3,098 per year
Cap rate5.48% — as listed
Net operating income$23,019 per year

MLS #21431143
Source
On the marketListed today
CountyTarrant

Around this home

One moment…

Everyday life

Nearest groceryWalmart Neighborhood Market · 0.8 mi
Nearest parkCross Timbers Playground · 0.2 mi

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Listing courtesy of Bluebonnet Realty & Property M — Ronald Koehn.

Where it is

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Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21431143. Information last updated November 8, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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