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$730,000

NAL Estimated Property Value

1011 Falling Leaf Drive, Friendswood, TX, 77546

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,820 Sq Ft
price_per_sqft$195.04 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Cooktop
FlooringTile, Vinyl, Wood

Exterior

Lot Size1.23 acres

Building Information

Year Built1979
Stories1
Roof Type127
Garage Spaces4

Land Information

APN2390-0008-0001-003
Lot Number1
SubdivisionCentral Park - Friendswood
Land UseResidential
Legal DescriptionABST 151 S MCKISSICK SUR PT OF LOT 1 (1-3) BLK H CENTRAL PARK SUB
Census Tract720302
Assessed Land Value$118,960
Assessed Improvement Value$555,980
Assessment Year2025

About this property

Beautiful single story ranch style home with a separate garage apartment on a sprawling 1.32 acre lot dotted with mature oak trees and a picturesque split rail fence, located right around the corner from Friendswood High School! Rebuilt from the studs in 2012, this 3 bedroom home showcases all travertine tile & wood floors and timeless plantation shutters throughout the floor plan that boasts an inviting dining space opening to a spacious family room with high ceilings & wall to wall windows with park-like backyard views. In the island kitchen, notice the granite countertops, custom cabinetry, stainless appliances including double ovens, & the adjoining oversized indoor utility room. Bonus features in this home include a 3 car garage plus a flex use garage apartment with a full bath & a barn equipped with water & electricity. An acreage home with no flooding and no HOA restrictions make this opportunity a rare find in Friendswood ISD!

Investor Tools

Property Icon
$730,000
Estimated Property Value
$268,150Estimated Mortgage Balance
$461,850Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,380 /month
Positive
Cash Flow Estimate:
$1,460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$577/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,278
$674,940
2025
$118,960
$555,980
$674,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,278
$674,940

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$300,000
No
First
Nov 4, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$268,150
$461,850
63%
37%
$1,799/mo

City: Friendswood

1011 Falling Leaf Drive | Property Details | No Agent List