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$780,000

1607 Cascade Falls Dr, Friendswood, TX, 77546

On MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,460 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.89 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size15,969 sqft

Building Information

Year Built2002
Stories2
Roof Type105
Garage Spaces3

Land Information

APN3484-0002-0028-000
Lot Number28
SubdivisionFriendswood Lakes Sec 1 (2002) Abst 69 &
Land UseResidential
Legal DescriptionFRIENDSWOOD LAKES SEC 1 (2002) ABSTS 69 & 645, BLOCK 2, LOT 28, ACRES 0.367
Census Tract720400
Assessed Land Value$96,620
Assessed Improvement Value$669,530
Assessment Year2025

About this property

Impressive 5-bedroom Friendswood Lake estate with a pool backs to scenic greenspace with tranquil water views beyond, creating a picturesque backdrop. A stately stucco & brick exterior, porte cochère, 3-car garage, new roof, & manicured landscaping set the tone for the elegance within. A soaring two-story foyer with a sweeping staircase welcomes you to beautifully appointed living spaces, a private study, a formal dining room, & a dramatic family room showcasing 19' ceilings, floor-to-ceiling windows overlooking the pool, & a fireplace. The island kitchen offers abundant cabinetry, granite counters, spacious prep areas, & opens seamlessly to the breakfast room. Rare dual primary suites—one on each level—provide exceptional flexibility. Upstairs also features a spacious game room, homework station, & generous secondary bedrooms. Outdoors, enjoy the sparkling pool, expansive yard, lush landscaping, trailer parking space, & peaceful views with no immediate rear neighbors.

Investor Tools

Property Icon
$860,000
Estimated Property Value
$436,067Estimated Mortgage Balance
$474,168Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,160 /month
Positive
Cash Flow Estimate:
$1,720 /month

Interested in this property?

Alan Stanfield

Stanfield Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,290/month
$795/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$766,150
2025
$96,620
$669,530
$766,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$766,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Va
$436,067
Yes
First
Aug 31, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$385,832
$474,168
55%
45%
$2,615/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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