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$263,000

NAL Estimated Property Value

16335 Forest Bend Ave, Friendswood, TX, 77546

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,708 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.3 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Range, Dishwasher
FlooringLaminate

Exterior

Lot Size7,013 sqft

Building Information

Year Built1976
Stories1
Garage Spaces2

Land Information

APN1063170000025
Lot Number25
SubdivisionWedgewood Village
Land UseResidential
Legal DescriptionLT 25 BLK 33 WEDGEWOOD VILLAGE SEC 6 R/P
Census Tract350700
Assessed Land Value$62,204
Assessed Improvement Value$176,322
Assessment Year2025

About this property

***Multiple Offers Recieved- Sellers Are Asking For Highest And Best By 3pm Monday May 2nd***Welcome Home To This Recently Updated 1 Story In Wedgewood- Priced To Sell! The Home Features Completely Renovated Bathrooms That Have Beautiful Custom Concrete Countertops. The Primary Bathroom Has A Large Stand-Up Shower And Secondary Bath Has A Huge Soaking Garden Tub. Newly Carpeted Bedrooms And Freshly Painted. The Primary Closet Has An Oversized Custom Built-In Dresser! The Kitchen Has Granite Countertops And Most Windows Are Updated With Double Paned Glass! The Garage Is Completely Insulated And Has AC- Nice For A Workshop! This One Won't Last Long In This Market!

Investor Tools

Property Icon
$263,000
Estimated Property Value
$247,529Estimated Mortgage Balance
$15,471Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,578 /month
Positive
Cash Flow Estimate:
$526 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$209/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,194
$238,526
2025
$62,204
$176,322
$238,526
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,194
$238,526

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$267,073
Yes
First
Jun 3, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,529
$23,471
8%
94%
$1,602/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,677/mo
+$473/mo
9.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

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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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