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$371,000

NAL Estimated Property Value

16235 Constitution Lane, Friendswood, TX, 77546

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,466 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.07 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Range, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size9,174 sqft

Building Information

Year Built2003
Garage Spaces2

Land Information

APN1231640030015
Lot Number15
SubdivisionHeritage Park
Land UseResidential
Legal DescriptionLT 15 BLK 3 HERITAGE PARK SEC 27
Census Tract350603
Assessed Land Value$62,527
Assessed Improvement Value$302,059
Assessment Year2025

About this property

Welcome to this beautifully updated home in the heart of Friendswood. This home offers peace of mind with major improvements already completed, including a new roof (2022), HVAC (2024), and water heater (2026)—a rare find at this price point. Inside, you’ll love the fresh paint, remodeled bathroom, upgraded lighting, custom shelving (2024), and thoughtful updates throughout. But the real showstopper? A hidden door under the stairs leading to a private desk or play area—perfect for a home office, kids’ hideaway, or your own little escape Sliding glass doors fill the home with natural light and lead to your newly built deck (2023)—ideal for entertaining or unwinding. A storage shed adds even more convenience. Plus, refrigerator, washer, dryer, and TV mounts stay, making this home truly move-in ready. (Garage fridge and outdoor furniture excluded.) Schedule today before the secret gets out!

Investor Tools

Property Icon
$371,000
Estimated Property Value
$304,461Estimated Mortgage Balance
$66,539Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$298/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,722
$364,586
2025
$62,527
$302,059
$364,586
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,722
$364,586

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$328,500
No
First
Jun 14, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$304,461
$66,539
17%
82%
$1,970/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
$2,470/mo
+$310/mo
9.0%

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.

Explore Texas Explore This Area
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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