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$260,000

NAL Estimated Property Value

16619 David Glen Dr, Friendswood, TX, 77546

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,541 Sq Ft
price_per_sqft$168.72 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size7,153 sqft

Building Information

Year Built1973
Stories1
Garage Spaces2

Land Information

APN1035010000036
Lot Number36
SubdivisionForest Bend
Land UseResidential
Legal DescriptionLT 36 BLK 14 FOREST BEND SEC 2
Census Tract350801
Assessed Land Value$58,520
Assessed Improvement Value$190,622
Assessment Year2025

About this property

Location, Location, Location!! Hidden Gem with endless possibilities located in Forest Bend right off El Dorado. Rare 4 bedrooms with gas fireplace, 2 big bay windows, custom drapery, brick wall fireplace with built in shelves, ktichen with dark wood cabinets and granite countertops with included refrigerator, oversized backyard with plenty of room for the kids to play, , attached 2 car garage and MUCH MORE!!!

Investor Tools

Property Icon
$260,000
Estimated Property Value
$246,513Estimated Mortgage Balance
$13,487Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$411/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$249,142
2025
$58,520
$190,622
$249,142
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$249,142

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Fha
$255,290
Yes
First
Jun 17, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,513
$10,487
4%
95%
$1,531/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
$1,681/mo
+$1,099/mo
12.8%

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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16619 David Glen Dr | Property Details | No Agent List