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$277,000

NAL Estimated Property Value

15838 Heritage Falls Dr, Friendswood, TX, 77546

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,630 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.1 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

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, Dryer, Refrigerator, Washer, Dishwasher, Oven
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesTennis Court(s)
Lot Size7,945 sqft

Building Information

Year Built1989
Garage Spaces1

Land Information

APN1160810090014
Lot Number14
SubdivisionHeritage Park
Land UseResidential
Legal DescriptionLT 14 BLK 9 HERITAGE PARK SEC 11 R/P
Census Tract350604
Assessed Land Value$61,416
Assessed Improvement Value$204,286
Assessment Year2025

About this property

This adorable home is clean, well-maintained and ready for someone who will take great care of it! You'll love the split floor plan w/spacious living room featuring high ceilings, a wall of windows overlooking the back yard, a niche for decorations, gorgeous low-maintenance luxury vinyl floors & a gas log fireplace. Your open plan offers a nice kitchen, dining area & breakfast bar. The kitchen boasts plenty of storage and work space, with new granite counters, an island that fits 2 stools for homework & visiting w/the chef, some stainless appliances, a beverage cooler, refrigerator and plantation shutters. It will be easy to decorate with recent interior paint in a neutral greige color. You get LED lights, fans in every room, a luxurious main bath w/marble dual vanity, deck & a storage building. Includes W/D and fridge! No rear neighbors. Excellent schools and a great location with easy access to shopping, work, entertainment & restaurants. Near community pool, park, and tennis courts!

Investor Tools

Property Icon
$277,000
Estimated Property Value
$0Estimated Mortgage Balance
$277,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,662 /month
Positive
Cash Flow Estimate:
$554 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$248/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,589
$265,702
2025
$61,416
$204,286
$265,702
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,589
$265,702

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$285,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
N/A
+$2,150/mo
9.3%

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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15838 Heritage Falls Dr | Property Details | No Agent List