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$517,000

NAL Estimated Property Value

1560 Garden Lakes Dr, Friendswood, TX, 77546

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,483 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.86 / sqft
Year BuiltBuilt in 2006

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
AppliancesDishwasher, Disposal, Microwave, Gas Range, Gas Oven
FlooringCarpet, Tile

Exterior

Lot Size7,227 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3488-0001-0007-000
Lot Number7
SubdivisionFriendswood Lakes Garden Homes (2003) Ab
Land UseResidential
Legal DescriptionFRIENDSWOOD LAKES GARDEN HOMES (2003) ABST 645, BLOCK 1, LOT 7, ACRES 0.166
Census Tract720400
Assessed Land Value$46,210
Assessed Improvement Value$404,840
Assessment Year2025

About this property

Located in a wonderful gated community, this home features a desirable floor plan. A spacious functional kitchen with a workable huge island to prep and serve your meals. Along with a kitchen breakfast bar, you have a formal dining room to compliment the family’s chef collaboration of meals. The family room is an open-spacious layout with several full-size windows for bright natural sunlight. The generous sized master bedroom has an over-sized bathroom with separate shower and tub, and a large walk-in closet. With a split floor plan, the two sizable secondary bedrooms are separated by the game room. Fully fenced backyard with the community green space running along the fence-line, no backyard neighbors. The community has a recreational pool, tennis courts, a private lake and pond with walking trails, and conveniently located near area of shopping, easy excess to the freeway. Home did not flood.

Investor Tools

Property Icon
$517,000
Estimated Property Value
$327,893Estimated Mortgage Balance
$189,107Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,102 /month
Positive
Cash Flow Estimate:
$1,034 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$443/month
$755/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,735
$443,647
2025
$46,210
$404,840
$451,050
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,735
$443,647

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Fha
$358,388
Yes
First
Nov 23, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$327,893
$188,107
36%
63%
$2,149/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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1560 Garden Lakes Dr | Property Details | No Agent List