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$304,000

NAL Estimated Property Value

1408 S Friendswood Dr Unit 503, TX, 77546

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,624 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$184.11 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Free-Standing Range, Gas Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size3,027 sqft

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces1

Land Information

APN1227-0000-0503-000
Lot Number503
SubdivisionAshford Village Townhomes (2001) Abst 15
Land UseResidential
Legal DescriptionASHFORD VILLAGE TOWNHOMES (2001) ABST 151, LOT 503, ACRES 0.070
Census Tract720301
Assessed Land Value$42,710
Assessed Improvement Value$253,590
Assessment Year2025

About this property

Introducing a charming 2 bedroom, 2.5 bath townhouse with 2 car garage in a gated complex with a community pool. This cozy home features a spacious living room with a corner gas fireplace; downstairs primary bedroom with en suite bath offering a garden tub, separate shower, dual sinks and walk in closet; kitchen featuring stainless appliances, solid surface countertops, and 42-inch cabinets. The secondary bedroom and full bath is located upstairs. The new owners will love the large patio that is accessed through the primary bedroom. Utility room is inside! Per seller, HVAC and furnace (2022), hot water heater (2022), roof (2022.) REFRIGERATOR/WASHER/DRYER/MOUNTED TV IN DEN STAYS! Located in the desirable Friendswood ISD, this townhouse is perfect for those seeking a comfortable and convenient living space.

Investor Tools

Property Icon
$304,000
Estimated Property Value
$47,886Estimated Mortgage Balance
$256,114Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,824 /month
Positive
Cash Flow Estimate:
$608 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$195/month
$265/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$819
$296,300
2025
$42,710
$253,590
$296,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$819
$296,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$74,192
No
First
May 23, 2011
Jun 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$47,886
$256,114
84%
16%
$0/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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1408 S Friendswood Dr Unit 503 | Property Details | No Agent List