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$235,000

NAL Estimated Property Value

16731 Townes Rd, Friendswood, TX, 77546

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,298 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.05 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size7,200 sqft

Building Information

Year Built1972
Stories1
Garage Spaces2

Land Information

APN1035000000024
Lot Number24,25
SubdivisionForest Bend
Land UseResidential
Legal DescriptionTRS 24 & 25A BLK 13 NW 55 FT OF LT 24 & SE 5 FT OF LT 25 FOREST BEND SEC 2
Census Tract350801
Assessed Land Value$58,568
Assessed Improvement Value$171,269
Assessment Year2025

About this property

Charming Friendswood home with updated plush carpet and fresh interior paint. Features wood beam living room with corner fireplace, laminate wood flooring, security system with monitor and 4 cameras, crown moulding, 2" blinds, ceiling fans, washer, dryer, and refrigerator included. Enjoy the updated kitchen and baths, plus a large backyard. Don't miss out on this adorable property!

Investor Tools

Property Icon
$235,000
Estimated Property Value
$116,431Estimated Mortgage Balance
$118,569Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$185/month
$157/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,040
$229,837
2025
$58,568
$171,269
$229,837
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,040
$229,837

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Loan Store Inc
Conventional
$120,000
No
First
Sep 12, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$116,431
$116,569
50%
50%
$720/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,630/mo
$877/mo
+$753/mo
8.3%

City: Friendswood

16731 Townes Rd | Property Details | No Agent List