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$274,000

NAL Estimated Property Value

16502 Bougainvilla Ln, Friendswood, TX, 77546

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,632 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$128.68 / sqft
Year BuiltBuilt in 1977

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, Microwave, Electric Cooktop, Electric Range, Dishwasher, Refrigerator
FlooringCarpet, Tile

Exterior

Lot Size7,501 sqft

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN1097970000008
Lot Number8
SubdivisionWedgewood Village
Land UseResidential
Legal DescriptionLT 8 BLK 2 WEDGEWOOD VILLAGE SEC 7
Census Tract350604
Assessed Land Value$62,640
Assessed Improvement Value$196,081
Assessment Year2025

About this property

This traditional 3/2/2 home is nicely updated and has been well cared for by long term owner. The open entry leads ito a large den with kitchen and breakfast area open to it. The split bedroom arrangement is perfect for children or guests. The master features a lovely bath with tub with shower, and nice new carpet. The other bedrooms are off a hall and have a good sized bath between them. The formal dining room could serve as a study or living room. The appliances have been replaced and the U-shaped kitchen has lots of cabinets. There is fresh paint and the home is in ready to move in condition. The 2-car gaage has some storage area, and the back yard has trees and is good sized. The kitchen cabinets are white and in good condition One of the greatest things is the home is within blocks of the elementary and intermediate school.

Investor Tools

Property Icon
$274,000
Estimated Property Value
$188,455Estimated Mortgage Balance
$85,545Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,644 /month
Positive
Cash Flow Estimate:
$548 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$214/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,197
$258,721
2025
$62,640
$196,081
$258,721
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,197
$258,721

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gulf Coast Educators Fcu
Conventional
$210,000
No
First
Jan 18, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,455
$85,545
31%
69%
$1,260/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,335/mo
+$815/mo
9.4%

City: Friendswood

16502 Bougainvilla Ln | Property Details | No Agent List