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$492,000

NAL Estimated Property Value

1535 Garden Lakes Dr, Friendswood, TX, 77546

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,322 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.16 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Dishwasher, Disposal, Microwave, Gas Cooktop, Electric Oven, Oven
FlooringCarpet, Laminate, Tile

Exterior

Lot Size7,200 sqft

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3488-0002-0018-000
Lot Number18
SubdivisionFriendswood Lakes Garden Homes (2003) Ab
Land UseResidential
Legal DescriptionFRIENDSWOOD LAKES GARDEN HOMES (2003) ABST 645, BLOCK 2, LOT 18, ACRES 0.165
Census Tract720400
Assessed Land Value$64,440
Assessed Improvement Value$366,310
Assessment Year2025

About this property

Cute! Cute! Cute! A great place to rent. Gated community. On a large stocked lake in Friendswood Lakes subdivision with amenities of area swimming pool, baby pool, tennis courts, live creek, some wildlife, and green space. Granite counters, large closets, window coverings, fresh paint, and garage storage racks. Master bedroom, breakfast area, and family room overlook lake with sprayer. Split plan. Study can be used as nursery. Nice patio with table that stays. FISD bus transportation from the entrance gate to all campuses. Lawn care and utilities (except telecommunications) paid by landlord with reimbursement monthly from tenant. Available now.

Investor Tools

Property Icon
$492,000
Estimated Property Value
$309,931Estimated Mortgage Balance
$182,069Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,952 /month
Positive
Cash Flow Estimate:
$984 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$505/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,605
$430,750
2025
$64,440
$366,310
$430,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,605
$430,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$342,000
No
First
Jun 2, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$309,931
$175,069
36%
63%
$2,051/mo

City: Friendswood

1535 Garden Lakes Dr | Property Details | No Agent List