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$254,000

NAL Estimated Property Value

16123 Tibet Rd, Friendswood, TX, 77546

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,459 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.34 / sqft
Year BuiltBuilt in 1974

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, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringLaminate

Exterior

Lot Size7,475 sqft

Building Information

Year Built1974
Stories1
Garage Spaces2

Land Information

APN1057830000023
Lot Number23
SubdivisionWedgewood Village
Land UseResidential
Legal DescriptionLT 23 BLK 22 WEDGEWOOD VILLAGE SEC 5
Census Tract350700
Assessed Land Value$62,618
Assessed Improvement Value$177,382
Assessment Year2025

About this property

Great find in the heart of Friendswood. Large front yard area with great curb appeal. Two car attached garage with double wide driveway for additional parking. Landscaped walkway leading to front door. Wood floor entryway with front door and storm door. Large living room with wood beam accent. Brick fireplace, wood burning. Large remote controlled shade over backyard facing windows. Kitchen/breakfast combo. Granite counter tops with wood cabinets and tons of storage space. Full sized pantry. Large master bedroom. Master bath vanity with granite counter tops. Walk in shower with tile surfacing. Walk in closet. Spare bedrooms are spacious with large closets. Full sized spare bath with walk in shower and large vanity space. Covered back patio, large storage shed and plenty of backyard for all outdoor activities. Take a look today! Will not last long!

Investor Tools

Property Icon
$254,000
Estimated Property Value
$0Estimated Mortgage Balance
$254,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,524 /month
Positive
Cash Flow Estimate:
$508 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$213/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,284
$240,000
2025
$62,618
$177,382
$240,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,284
$240,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$256,000
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
10.2%

City: Friendswood

16123 Tibet Rd | Property Details | No Agent List