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$558,887

NAL Estimated Property Value

1002 Applewood Dr, Friendswood, TX, 77546

$568,561 ARVInfo
Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,466 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.15 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size11,700 sqft

Building Information

Year Built1990
Stories2
Roof Type105
Garage Spaces2

Land Information

APN7630-0003-0007-000
Lot Number7
SubdivisionWilderness Trails
Land UseResidential
Legal DescriptionABST 83 & 128 PAGE 2 LOT 7 BLK 3 WILDERNESS TRAILS
Census Tract720302
Assessed Land Value$30,580
Assessed Improvement Value$539,270
Assessment Year2025

About this property

LOCATION, LOCATION Lovely family home on large and lush lot within walking distance of Friendswood High school. Five bedroom floor plan with convenient dual staircases. Enter the custom doorway to two story entryway. Formal dining room left, formal living room or study to the right. The kitchen and three and half baths have been newly remodeled with an eye for storage and function. Granite countertops throughout. The open kitchen/living area is light and bright with a wall of picture windows highlighting the covered patio and private backyard retreat, with no back neighbors. Spacious primary suite down. Four bedrooms and huge great room with built in cabinetry up. Short walk down the block to the park and Jr. Olympic swimming pool. New Hardy siding, gutters, upgraded windows throughout. Root Barrier installed around home. NEVER FLOODED.

Investor Tools

Property Icon
$558,887
Estimated Property Value
$152,504Estimated Mortgage Balance
$406,383Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$568,560
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,353 /month
Positive
Cash Flow Estimate:
$1,118 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$520/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,445
$558,887
2025
$30,580
$539,270
$569,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,445
$558,887

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$167,960
No
First
Jul 19, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$152,504
$406,383
72%
27%
$1,008/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Friendswood

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1002 Applewood Dr | Property Details | No Agent List