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A+
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$638,000

1601 Cascade Falls Dr, Friendswood, TX, 77546

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,472 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.53 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Cooktop, Electric Oven
FlooringCarpet, Tile, Wood

Exterior

Lot Size13,691 sqft

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces2

Land Information

APN3484-0002-0031-000
Lot Number31
SubdivisionFriendswood Lakes Sec 1 (2002) Abst 69 &
Land UseResidential
Legal DescriptionFRIENDSWOOD LAKES SEC 1 (2002) ABSTS 69 & 645, BLOCK 2, LOT 31, ACRES 0.314
Census Tract720400
Assessed Land Value$59,550
Assessed Improvement Value$490,941
Assessment Year2025

About this property

Immaculately kept and masterfully designed 4 bedroom home on a corner lot in Friendswood Lakes! Enter the home to a grand foyer with soaring ceiling, handsome study with hardwood floors, inviting dining room with crown & chair rail molding, family room with a fireplace, art niches, a wall of windows, and a wrap around breakfast bar opening into the island kitchen with custom inked cabinetry, Avanza granite countertops, black appliances, a walk-in pantry, and a butler's pantry. Secluded master suite with a trayed ceiling has plenty of space for a seating area and boasts a stunning recently renovated bathroom with his & hers granite top vanities, a jetted tub, and frameless glass shower. Upstairs, 2 bedrooms share a Jack & Jill style bathroom and double doors conceal a spacious gameroom with secluded guest suite with full bath. Don't miss the HUGE pool-sized backyard and extended 4 car tandem garage with a bay door at the back that's perfect for a workshop or man cave!

Investor Tools

Property Icon
$638,000
Estimated Property Value
$374,650Estimated Mortgage Balance
$305,829Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,828 /month
Positive
Cash Flow Estimate:
$1,276 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$577/month
$695/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,733
$550,491
2025
$59,550
$490,941
$550,491
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,733
$550,491

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$374,650
No
First
Jul 9, 2020
Aug 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$332,171
$309,829
48%
52%
$2,247/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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1601 Cascade Falls Dr | Property Details | No Agent List