$305,488
NAL Estimated Property Value16319 Tibet Road, Friendswood, TX, 77546
Off Market
Property Lead Type:
BankruptcyDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDouble Oven, Electric Range
FlooringCarpet, Vinyl
Exterior
Lot Size6,839 sqft
Building Information
Year Built1975
Stories1
Garage Spaces2
Land Information
APN1063160000014
Lot Number14
SubdivisionWedgewood Village
Land UseResidential
Legal DescriptionLT 14 BLK 32 WEDGEWOOD VILLAGE SEC 6 R/P
Census Tract350700
Assessed Land Value$61,560
Assessed Improvement Value$243,928
Assessment Year2025
About this property
This is a handyman special that needs rehab. 3-2-2 that everything needs to be redone. Roof might be okay and its possible the foundation needs work. sold as-is and its prime for a flip.
Investor Tools
$305,488
Estimated Property Value
$231,406Estimated Mortgage Balance
$74,082Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,833 /month
Positive
Cash Flow Estimate:
$611 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$243/month
$53/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,386
$305,488
2025
$61,560
$243,928
$305,488
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,386
$305,488
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aml Funding Llc
Conventional
$238,500
No
First
Sep 30, 2024
Oct 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,406
$74,082
24%
76%
$1,430/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,483/mo
+$667/mo
8.4%
