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$328,000

NAL Estimated Property Value

1216 Chesterwood Dr, Pearland, TX, 77581

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,026 Sq Ft
price_per_sqft$165.35 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Lot Size6,599 sqft

Building Information

Year Built1990
Stories2
Roof Type105
Garage Spaces2

Land Information

APN6741-0231-000
Lot Number31
SubdivisionSunset Meadows-Nasawood
Land UseResidential
Legal DescriptionSUNSET MEADOWS-NASAWOOD (A0111 PERRY & AUSTIN) (PEARLAND) BLK 2 LOT 31 (REPLAT 90)
Census Tract660200
Assessed Land Value$23,600
Assessed Improvement Value$260,340
Assessment Year2025

About this property

Welcome to 1216 Chesterwood in the Sunset Meadows subdivision in Pearland. This 3 bed, 2.5 bath home welcomes you into a gorgeous living room with a gas fireplace. A formal dining room with chair railing is to your right as you enter and the kitchen has a breakfast nook and beautiful views of the fully turfed backyard with a lovely covered patio. Besides being virtually maintenance-free, this home has no rear neighbors, recent fencing and a gate leading to the green space behind the home for those morning walks with the pets. There's also a shed for additional storage. Upstairs you will find all the bedrooms, 2 baths, and a cozy game room/loft waiting for you. The garage has new doors and has been floored and finished. It's ready for vehicles, or make it the perfect man cave. The entire HVAC system has recently been replaced and is incredibly efficient. Walking distance to the neighborhood pool and playground. Don't miss this adorable home. Schedule your showing today!

Investor Tools

Property Icon
$328,000
Estimated Property Value
$355,507Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$531/month
$365/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,726
$283,940
2025
$23,600
$260,340
$283,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,726
$283,940

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Stand Alone Second / Subordinate Position
$16,750
No
First
Apr 11, 2025
May 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$355,507
N/A
0%
108%
$2,175/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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1216 Chesterwood Dr | Property Details | No Agent List