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$306,779

NAL Estimated Property Value

16607 Townes Rd, Friendswood, TX, 77546

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,587 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.28 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size8,041 sqft

Building Information

Year Built1976
Stories1
Garage Spaces2

Land Information

APN1035000000040
Lot Number40
SubdivisionForest Bend
Land UseResidential
Legal DescriptionLT 40 BLK 13 FOREST BEND SEC 2
Census Tract350801
Assessed Land Value$59,366
Assessed Improvement Value$247,413
Assessment Year2025

About this property

This charming home is situated on a peaceful corner lot with meticulous landscaping and exceptional curb appeal. The inviting living room features a wood-burning fireplace and built-in shelving, seamlessly flowing into the dining area and bright kitchen equipped with modern appliances and ample counter space. The primary suite offers an ensuite bath, while the generously sized secondary bedrooms share a well-appointed bathroom with a new Jacuzzi shower and tub. Outside, the expansive backyard boasts a private in-ground pool and an updated covered patio, perfect for entertaining. Recent updates include fresh interior and exterior paint, a new front door, and a leveled foundation with a lifetime warranty. Also, new HVAC system and sewer/electric lines from the home to the street, all under warranty. Additional enhancements include a new breaker box, pool pump, vinyl flooring in the study, bedroom carpeting, stylish light fixtures, ceiling fans, and curtains. This home is move-in ready!

Investor Tools

Property Icon
$306,779
Estimated Property Value
$260,441Estimated Mortgage Balance
$46,338Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,841 /month
Positive
Cash Flow Estimate:
$614 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$241/month
$162/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,363
$306,779
2025
$59,366
$247,413
$306,779
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,363
$306,779

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$265,109
Yes
First
May 7, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,441
$46,338
15%
85%
$1,590/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,752/mo
+$398/mo
8.4%

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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16607 Townes Rd | Property Details | No Agent List