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B+
NoAgentList RatingHow are grades calculated? Info

$244,631

16427 Forest Bend Ave, Friendswood, TX, 77546

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,708 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.66 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Electric Range, Free-Standing Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Laminate, Tile

Exterior

Lot Size7,013 sqft

Building Information

Year Built1975
Stories1
Garage Spaces2

Land Information

APN1063170000018
Lot Number18
SubdivisionWedgewood Village
Land UseResidential
Legal DescriptionLT 18 BLK 33 WEDGEWOOD VILLAGE SEC 6 R/P
Census Tract350700
Assessed Land Value$62,204
Assessed Improvement Value$182,427
Assessment Year2025

About this property

If you’ve been waiting for a great family dwelling at an affordable price, this well-loved 3-bedroom, 2-bath home offers a wonderful combination of space and character to make your own. A private courtyard entrance leads into a spacious living room with natural light, newer plush carpet, and ample room for oversized furniture. This flows into a well-equipped kitchen with sunny breakfast area and peaceful views of the large backyard. The enormous primary bedroom could fit multiple furniture configurations, allowing flexibility for a sitting area, workout space, or office. An ensuite primary bathroom spotlights a fantastic walk-in closet with custom built-ins. The roomy hall bath, shared by the two secondary bedrooms, features double sinks and a newer tub and shower. Laminate flooring and carpet 2021, roof 2016, electrical panel box 2013. Fridge, washer, and dryer included. Located in a highly acclaimed school district, not in a flood zone, and close to I-45 and Baybrook Mall.

Investor Tools

Property Icon
$244,631
Estimated Property Value
$180,000Estimated Mortgage Balance
$66,730Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,468 /month
Positive
Cash Flow Estimate:
$489 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$203/month
$77/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,209
$244,631
2025
$62,204
$182,427
$244,631
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,209
$244,631

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gulf Coast Educators Fcu
Unknown
$180,000
No
First
Sep 15, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,901
$66,730
27%
73%
$1,080/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,157/mo
+$993/mo
10.5%

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.

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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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16427 Forest Bend Ave | Property Details | No Agent List