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$1,164,625

NAL Estimated Property Value

1403 Somerset Ln, Friendswood, TX, 77546

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths5,111 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.13 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1.08 acres

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces5

Land Information

APN7703-0001-0006-000
Lot Number6
SubdivisionWindsor Estates Sec 3 (2001) Abst 184
Land UseResidential
Legal DescriptionWINDSOR ESTATES SEC 3 (2001) ABST 184, BLOCK 1, LOT 6, ACRES 1.080
Census Tract720302
Assessed Land Value$89,900
Assessed Improvement Value$1,173,492
Assessment Year2025

About this property

Walk-in and you are greeted by a grand foyer, soaring ceilings, open floor plan, a view of the sparkling pool and open but private acre lot. Double stairway allows for easy access to the upstairs. Executive style library with floor to ceiling bookcases. Fabulous kitchen quality cabinetry, Island with gas cook top, long curved breakfast bar, and secondary bank of cabinets leading to the large butler’s pantry. Master suite is tucked away in the back of the home, complete with quite 10x 10 setting area. Bath has built in cabinetry in both closest, whirlpool tub and double vanities. Note the unique crawl space in back of closet. The first floor has a secondary bedroom with private bath, ideal for quarters or home office. Upstairs offers game room with built in media storage, three generous sized bedrooms, two baths & covered tiled balcony. Relax under covered patio and enjoy sparkling pool and fully fenced yard lined with variety citrus trees.

Investor Tools

Property Icon
$1,164,625
Estimated Property Value
$495,879Estimated Mortgage Balance
$668,746Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,988 /month
Positive
Cash Flow Estimate:
$2,329 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,084/month
$790/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,180
$1,164,625
2025
$89,900
$1,173,492
$1,263,392
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,180
$1,164,625

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Professional Mortgage Llc
Conventional
$548,250
No
First
May 7, 2021
Jun 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$495,879
$668,746
57%
43%
$3,288/mo

City: Friendswood

1403 Somerset Ln | Property Details | No Agent List