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$313,000

16303 Townes Rd, Friendswood, TX, 77546

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,932 Sq Ft
price_per_sqft$162.01 / sqft
Year BuiltBuilt in 1976

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
AppliancesDisposal, Refrigerator Included, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringVinyl Plank

Exterior

Private PoolPrivate Pool
Exterior FeaturesSide Yard
Lot Size8,625 sqft

Building Information

Year Built1976
Stories1
Garage Spaces2

Land Information

APN1063190000006
Lot Number6
SubdivisionWedgewood Village
Land UseResidential
Legal DescriptionLT 6 BLK 35 WEDGEWOOD VILLAGE SEC 6 R/P
Census Tract350700
Assessed Land Value$63,653
Assessed Improvement Value$215,666
Assessment Year2025

About this property

Beautifully updated single-story home in the heart of Friendswood! Fresh cosmetic updates throughout include new interior paint, LVP flooring, quartz countertops, all new appliances, plus updated lighting & plumbing fixtures. The functional layout offers 3 bedrooms, 2 bathrooms & a versatile den perfect for a home office, playroom or 2nd living area. The spacious primary suite features double sinks, a walk-in shower & generous closet space. Secondary bedrooms share a bathroom w/ extended counter space & a tub/shower combo. Step outside to your own backyard retreat complete w/ an in-ground gunite pool, ideal for relaxing or entertaining. Conveniently located near shopping, dining, parks, Baybrook Mall, major commuter routes & all that beautiful Friendswood has to offer.

Investor Tools

$256,121Estimated Mortgage Balance
$23,198Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,878 /month
Positive
Cash Flow Estimate:
$626 /month

Interested in this property?

Kathryn Guidry

JLA Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$218/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,222
$279,319
2025
$63,653
$215,666
$279,319
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,222
$279,319

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Affordable Hsng Corp
Stand Alone Second / Subordinate Position
$14,286
No
First
Dec 3, 2021
Dec 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,121
$23,198
8%
92%
$1,552/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,602/mo
+$548/mo
9.2%

City: Friendswood