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$416,000

NAL Estimated Property Value

1508 Bayou Oak Drive, Friendswood, TX, 77546

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,026 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.9 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Double Oven, Gas Cooktop, Dishwasher, Cooktop
FlooringTile

Exterior

Lot Size11,700 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APN7630-0003-0018-000
Lot Number18
SubdivisionWilderness Trails
Land UseResidential
Legal DescriptionABST 128 PAGE 3 LOT 18 BLK 3 WILDERNESS TRAILS
Census Tract720302
Assessed Land Value$30,580
Assessed Improvement Value$349,190
Assessment Year2025

About this property

Step into this beautifully renovated 4 bedroom, 2.5 bath home in the highly sought-after Wilderness Trails, where style, comfort, and function come together effortlessly. From the moment you walk in, a stunning gas fireplace with sage green glass tile sets the tone, surrounded by abundant natural light pouring through oversized windows. New wood-look tile flooring flows throughout, complemented by fresh paint, modern fixtures, and brand-new appliances. The open-concept layout offers spacious living, walk-in closets, and an indoor laundry room complete with cabinets and counter space. Entertain with ease as you step outside to a covered back porch. Sitting on a nearly 12,000 sq ft lot gives plenty of room for a pool or an outdoor kitchen perfect for entertainment. A detached garage with epoxy flooring and a whole, home generator complete this move-in-ready home that checks all the boxes in a neighborhood everyone wants.

Investor Tools

Property Icon
$416,000
Estimated Property Value
$194,777Estimated Mortgage Balance
$221,223Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,496 /month
Positive
Cash Flow Estimate:
$832 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$378/month
$264/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,459
$379,770
2025
$30,580
$349,190
$379,770
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,459
$379,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dow Employees Cu
Conventional
$195,500
No
First
Dec 11, 2025
Jan 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,777
$221,223
53%
47%
$1,504/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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1508 Bayou Oak Drive | Property Details | No Agent List