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$331,000

1118 Woodchase Dr, Pearland, TX, 77581

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,986 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.16 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size7,200 sqft

Building Information

Year Built1990
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6741-0518-000
Lot Number18
SubdivisionSunset Meadows-Nasawood
Land UseResidential
Legal DescriptionSUNSET MEADOWS-NASAWOOD (A0111 PERRY & AUSTIN) (PEARLAND) BLK 5 LOT 18 (REPLAT 90)
Census Tract660200
Assessed Land Value$25,740
Assessed Improvement Value$273,000
Assessment Year2025

About this property

Welcome to this well maintained 3 bedroom, 2 bathroom brick home in the highly desirable Sunset Meadows. The home features a welcoming paved front porch, 2 car attached garage, and manicured front lawn. The dining room has custom built in cabinetry and is located next to the main living areas. The island kitchen features granite countertops and a breakfast room with large windows. The family room features a brick, gas log fireplace and vaulted ceilings with an exposed beam. The spacious primary suite features a walk-in closet, an en-suite bathroom with double sinks, and a vanity. The shower was remodeled to maximize size and features a jetted bathtub. The home office space has a closet. Paint, carpet and whole a/c system replaced in 2023. The back patio features custom brick work and the spacious backyard area is a nice place to enjoy a morning coffee or an evening glass of wine. Convenient location. Zoned to Pearland ISD.

Investor Tools

Property Icon
$331,000
Estimated Property Value
$301,500Estimated Mortgage Balance
$0Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,986 /month
Positive
Cash Flow Estimate:
$662 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$548/month
$365/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,925
$298,740
2025
$25,740
$273,000
$298,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,925
$298,740

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Lending Corp
Conventional
$301,500
No
First
May 13, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$429,417
N/A
0%
130%
$2,618/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: Pearland

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1118 Woodchase Dr | Property Details | No Agent List