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$287,000

NAL Estimated Property Value

16606 Hibiscus Ln, Friendswood, TX, 77546

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,813 Sq Ft
price_per_sqft$162.71 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size8,250 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN1098320000025
Lot Number25
SubdivisionForest Creek
Land UseResidential
Legal DescriptionLT 25 BLK 2 FOREST CREEK
Census Tract350801
Assessed Land Value$60,885
Assessed Improvement Value$208,981
Assessment Year2025

About this property

This charming residence has been thoughtfully updated with granite countertops in the kitchen and baths, and sleek laminate flooring throughout most of the home and updated windows. Enjoy the durability of tile in the wet areas and entry, and rest easy knowing all piping has been upgraded to PVC. The garage has been expertly converted into a spacious, beautiful family room—perfect for gatherings. Step outside to a large backyard with a covered patio, ideal for relaxing or entertaining, and take advantage of the extra storage in the exterior shed. A transferable foundation warranty offers added peace of mind. This home is conveniently located just a short walk to Wedgewood elementary school and daycare. With easy access to I-45, Baybrook Mall, Sam’s Club, Walmart, and a variety of restaurants and retail, you’ll have everything you need close by. Don’t miss the chance to call this beautiful, well-located home yours!

Investor Tools

Property Icon
$287,000
Estimated Property Value
$280,847Estimated Mortgage Balance
$6,153Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$448/month
$156/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$269,866
2025
$60,885
$208,981
$269,866
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$269,866

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
J S C Federal Credit Union
Conventional
$289,000
No
First
Oct 22, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,847
$1,153
0%
98%
$1,733/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,889/mo
+$261/mo
9.0%

City: Friendswood

16606 Hibiscus Ln | Property Details | No Agent List