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B+
NoAgentList RatingHow are grades calculated? Info

$468,000

1202 Cambridge Dr, Friendswood, TX, 77546

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,474 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.81 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Cooktop, Dishwasher

Exterior

Lot Size11,800 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces2

Land Information

APN7632-0003-0061-000
Lot Number61
SubdivisionWilderness Trails Sec 3 (91)
Land UseResidential
Legal DescriptionABST 83 PAGE 2 LOT 61 BLK 3 WILDERNESS TRAILS SEC 3
Census Tract720302
Assessed Land Value$40,460
Assessed Improvement Value$396,070
Assessment Year2025

About this property

Traditional charm & sophistication in Wilderness Trails. Flanked with an inviting front porch, 1202 Cambridge Drive offers a generously sized dining room upon entry with plenty of room for gatherings large and small. A flex room with french doors that could lend itself to a home office, formal living or another potential bedroom. Further into the heart of the home, a cozy living room with stone fireplace and gorgeous views outback. The kitchen features gas cooktop, stainless steel appliances and custom cabinetry. Also downstairs, the primary suite offers access to the back patio and private ensuite bathroom. Updated with an oversized shower, granite countertops and walk-in closet. A second bedroom, located downstairs with a full bathroom tucked nearby. Upstairs a large space that could serve as a gameroom, guest room, craftroom and more. Complete with a full bathroom and access to walk in attic space. Outdoors is a parklike setting with wonderful tree cover, back patio and pergolas.

Investor Tools

Property Icon
$468,000
Estimated Property Value
$348,000Estimated Mortgage Balance
$144,882Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,808 /month
Positive
Cash Flow Estimate:
$936 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$442/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,967
$436,530
2025
$40,460
$396,070
$436,530
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,967
$436,530

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Affinity Llc
Conventional
$348,000
No
First
Jul 1, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$323,118
$144,882
30%
69%
$2,087/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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1202 Cambridge Dr | Property Details | No Agent List