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$311,786

NAL Estimated Property Value

15830 Heritage Falls Dr, Friendswood, TX, 77546

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,855 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.42 / sqft
Year BuiltBuilt in 1989

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
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Oven
FlooringTile

Exterior

Lot Size6,778 sqft

Building Information

Year Built1989
Garage Spaces2

Land Information

APN1160810090016
Lot Number16
SubdivisionHeritage Park
Land UseResidential
Legal DescriptionLT 16 BLK 9 HERITAGE PARK SEC 11 R/P
Census Tract350604
Assessed Land Value$60,306
Assessed Improvement Value$251,480
Assessment Year2025

About this property

Amazing one-story with GREAT curb appeal and NO BACK NEIGHBORS. Nestled in an attractive subdivision, this home checks off all the boxes. This open floor plan provides plenty of natural light, vaulted ceiling, counter space, and storage. When you enter the home, the office to the right and formal dining (currently used as an extra playroom) offer additional functional space that make this house perfect for a remote worker. The primary bedroom includes large walk-in closet, updated bathrooms including dual vanity, garden tub and separate shower. Conveniently located near amazing shopping with quick access to neighboring cities like downtown Houston and Galveston. Schedule a showing before it's gone!

Investor Tools

Property Icon
$311,786
Estimated Property Value
$287,640Estimated Mortgage Balance
$24,146Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,871 /month
Positive
Cash Flow Estimate:
$624 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$292/month
$298/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,941
$311,786
2025
$60,306
$251,480
$311,786
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,941
$311,786

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security National Mortgage Co
Unknown
$304,385
No
First
May 15, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,640
$24,146
7%
92%
$1,825/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$2,123/mo
+$27/mo
8.3%

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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15830 Heritage Falls Dr | Property Details | No Agent List