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$279,000

NAL Estimated Property Value

16315 Townes Rd, Friendswood, TX, 77546

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,480 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.16 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size12,118 sqft

Building Information

Year Built1976
Stories1
Garage Spaces2

Land Information

APN1063190000009
Lot Number9
SubdivisionWedgewood Village
Land UseResidential
Legal DescriptionLT 9 BLK 35 WEDGEWOOD VILLAGE SEC 6 R/P
Census Tract350700
Assessed Land Value$66,796
Assessed Improvement Value$183,218
Assessment Year2025

About this property

This must-see home is tucked amongst the trees on a quiet street in the desirable Wedgewood Village. It will check off every item on your list - 1 Story, 3 bedrooms, 2 baths, and has never flooded. You'll enjoy the functional floor plan, all the natural light dancing throughout the home, open concept expansive living area, galley kitchen with updated cabinetry and breakfast nook, large primary and secondary bedrooms, and oversized backyard. Location! Location! Location! Walking distance to Wedgewood Elementary. With easy access to parks, Baybrook Mall, and an endless number of restaurants, Wedgwood Village is one of the most well-positioned neighborhoods in Friendswood. Quick access to 45, Beltway 8, and Hwy 35 makes it a commuter's dream. This move-in-ready home with recent updates is perfect for you. Thanks for visiting 16315 Townes Road!

Investor Tools

Property Icon
$279,000
Estimated Property Value
$212,008Estimated Mortgage Balance
$66,992Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,674 /month
Positive
Cash Flow Estimate:
$558 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$221/month
$40/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,252
$250,014
2025
$66,796
$183,218
$250,014
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,252
$250,014

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Fha
$231,725
Yes
First
Nov 19, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,008
$55,992
20%
76%
$1,390/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,430/mo
+$720/mo
9.2%

City: Friendswood

16315 Townes Rd | Property Details | No Agent List