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$539,000

NAL Estimated Property Value

1603 Cascade Falls Dr, Friendswood, TX, 77546

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,501 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.52 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Lot Size12,441 sqft

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces3

Land Information

APN3484-0002-0030-000
Lot Number30
SubdivisionFriendswood Lakes Sec 1 (2002) Abst 69 &
Land UseResidential
Legal DescriptionFRIENDSWOOD LAKES SEC 1 (2002) ABSTS 69 & 645, BLOCK 2, LOT 30, ACRES 0.286
Census Tract720400
Assessed Land Value$75,260
Assessed Improvement Value$409,740
Assessment Year2025

About this property

Immaculately maintained & rarely found is this single story home on a large lot in the highly desirable Friendswood Lakes Subdivision. Located on a cul-de-sac street with a green space directly behind it, this home has been masterfully updated with engineered wide plank oak floors, new carpet, new appliances, full home generator & much more; too much to mention. See attached Features sheet for more details. High (10 ft) ceilings, crown molding & neutral paint create a soothing backdrop for any decor. Flanking the airy entryway are French doors leading to a dedicated office on one side & spacious formal dining on the other. The well appointed kitchen opens up into the living room with an expansive breakfast bar & beautiful view of the professionally landscaped backyard. Enjoy quiet evenings under the covered flagstone back patio. With direct access to walking trails around the lake, neighborhood pool & park, it will be easy to enjoy all the amenities this neighborhood has to offer.

Investor Tools

Property Icon
$539,000
Estimated Property Value
$399,408Estimated Mortgage Balance
$139,592Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,234 /month
Positive
Cash Flow Estimate:
$1,078 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$496/month
$695/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,255
$485,000
2025
$75,260
$409,740
$485,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,255
$485,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homeward Mortgage Llc
Conventional
$425,600
No
First
Jan 6, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$399,408
$138,592
25%
74%
$2,552/mo

City: Friendswood

1603 Cascade Falls Dr | Property Details | No Agent List