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$430,000

135 Cherry Tree Ln, Friendswood, TX, 77546

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,429 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.03 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Trash Compactor, Microwave, Gas Range, Dishwasher
FlooringCarpet, Laminate, Tile, Vinyl, Wood

Exterior

Lot Size11,069 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3225-0000-0010-000
Lot Number10
SubdivisionEnchanted Woods
Land UseResidential
Legal DescriptionABST 20 PERRY & AUSTIN SUR LOT 10 ENCHANTED WOODS
Census Tract720100
Assessed Land Value$31,070
Assessed Improvement Value$387,170
Assessment Year2025

About this property

Jaw dropping beauty. This home features a fresh feel with an extra dose of class, surrounded by mature trees and no back neighbors! Find yourself indulging in the luxurious appointments throughout the home, with things like quartz countertops, custom cabinets, porcelain apron front farm sink, stainless appliances, pot filler, Swarovski chandelier, custom tile work in primary shower and ceiling mounted rain shower head. There’s so much to see!! Also features a large 2-car detached garage and very long driveway. Live in this home with peace of mind; the Seller has replaced the roof in 2020, built a brand new fence in 2021, and replaced the iron gate leading to the back yard, in addition to the work that was done in the original renovation. Book your tour now!

Investor Tools

Property Icon
$430,000
Estimated Property Value
$135,378Estimated Mortgage Balance
$297,006Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$416/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,843
$418,240
2025
$31,070
$387,170
$418,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,843
$418,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Conventional
$135,378
No
First
May 30, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$132,994
$305,006
69%
31%
$812/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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135 Cherry Tree Ln | Property Details | No Agent List