Last 24 Hours
$249,950
16730 Townes Road, Friendswood, TX, 77546
On Market
3 Beds
2 Bath
1,849 Sq Ft
$135.18 / sqft
Built in 1972Property Lead Type:
High Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Indoor Fireplace
Garage Available
Heating Central
CoolingAppliancesFree-Standing Range, Dishwasher, Oven, Refrigerator
FlooringTile
Exterior
Lot Size8,159 sqft
Building Information
Year Built1972
Stories1
Garage Spaces2
Land Information
APN1034980000007
Lot Number7
SubdivisionForest Bend
Land UseResidential
Legal DescriptionTR 7 BLK 11 SE 68 FT OF LT 7 FOREST BEND SEC 2
Census Tract350801
Assessed Land Value$59,480
Assessed Improvement Value$181,661
Assessment Year2025
About this property
Great opportunity to make this home your own! Featuring a spacious floor plan with formal living and dining areas, plus a cozy wood-burning fireplace. The property has seen updates in the past but now offers the chance for your personal touch. Some cosmetic repairs are needed, including paint, light fixtures, and general TLC. With solid bones and plenty of potential, this home is ideal for buyers looking to customize and add value. Conveniently located with easy access to major roads, shopping, and dining. Don't miss the opportunity to bring your vision to life!
Investor Tools
$103,578Estimated Mortgage Balance
$163,422Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,602 /month
Positive
Cash Flow Estimate:
$534 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$205/month
$150/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,126
$241,141
2025
$59,480
$181,661
$241,141
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,126
$241,141
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$113,425
No
First
Nov 8, 2021
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,578
$163,422
61%
39%
$681/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
$831/mo
+$1,949/mo
12.5%
12.4%