Street View

B+

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Owner Contacts

$473,000

1490 Garden Lakes Dr, Friendswood, TX, 77546

Off Market

3 Beds

2 Bath

2,162 Sq Ft

Single Family Residence

$168.59 / sqft

Built in 2002

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator

FlooringCarpet, Tile, Vinyl

Exterior

Lot Size10,637 sqft

Building Information

Year Built2002

Stories1

Roof Type105

Garage Spaces2

Land Information

APN3488-0002-0001-000

Lot Number1

SubdivisionFriendswood Lakes Garden Homes (2003) Ab

Land UseResidential

Legal DescriptionFRIENDSWOOD LAKES GARDEN HOMES (2003) ABST 645, BLOCK 2, LOT 1, ACRES 0.185

Census Tract720400

Assessed Land Value$62,440

Assessed Improvement Value$353,570

Assessment Year2025

About this property

Perfect house for a new family. Split plan. Updates in the last 5 years make this a well maintained home. Light & bright kitchen w/SS appliances (2016). Comfortable rooms & ample closets. Vinyl plank flooring in living areas. New carpet in bedrooms. New paint indoors and out. Wood rot is gone. Gas log fireplace. Formal dining room. Cute breakfast area overlooks back yard. New perimeter wood fence 2016. New landscaping front & back. New 4 ft wrought iron back fence (2016) is open to a HOA maintained green space. 16 SEER HVAC April 2018. Cul de sac street w/gated entrance. Sub. swimming pool, baby pool, play station/playground for the 'littles'. And two new surfaced tennis courts. Well maintained common areas for additional outdoor family recreation. Stocked fishing lakes. Eagle Creek exploring. Conv. to all FISD campuses w/bus pick up at the gate. Minutes to I-45 and Houston-Galveston medical and business centers. Short distance from Clear Lake&Kemah water activities. Easy to show.

Investor Tools

$473,000

Estimated Property Value

$0Estimated Mortgage Balance

$473,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,838 /month

Positive

Cash Flow Estimate:

$946 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$396/month

$755/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,392

$388,023

2025

$62,440

$353,570

$416,010

Tax History

Year

Tax Paid

Assessed Value

2024

$2,392

$388,023

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$465,000

100%

$0/mo

Learn About the Market: Opportunity in Texas

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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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