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$274,000

NAL Estimated Property Value

16907 Colony Bend Dr, Friendswood, TX, 77546

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,507 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.87 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Lot Size6,299 sqft

Building Information

Year Built1981
Stories1
Garage Spaces2

Land Information

APN1146420080041
Lot Number41
SubdivisionHeritage Park
Land UseResidential
Legal DescriptionLT 41 BLK 8 HERITAGE PARK SEC 7
Census Tract350601
Assessed Land Value$59,850
Assessed Improvement Value$176,596
Assessment Year2025

About this property

Single story quaint and cozy three bedroom two bath brick home with super nice curb appeal, brick front and replaced Hardiplank. This home is surrounded by nice real estate in the highly sought after community of Heritage Park. The roof, the water heater, and gutters have been replaced and installed. The Garage door lift has been recently replaced. The windows have been replaced as well as exterior paint. The home boasts tile entry, recent laminate in living and patterned carpet in the bedrooms. The kitchen is large and the living are open concept with a nice sized breakfast bar. The fireplace is floor to ceiling brick. There is a 8' privacy fence and nice landscaping front and back. There are two inch blinds throughout. The master bath remodel is stunning with large tile and mosaic shower flooring, double sink vanity with lighting and mirrors. Easy access to Hwy. 45, beltway 8, shopping, medical, retail. Recognized school district, and community pool and parks.

Investor Tools

Property Icon
$274,000
Estimated Property Value
$207,783Estimated Mortgage Balance
$66,217Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,644 /month
Positive
Cash Flow Estimate:
$548 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$208/month
$235/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,131
$236,446
2025
$59,850
$176,596
$236,446
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,131
$236,446

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Va
$230,175
Yes
First
Apr 23, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,783
$62,217
23%
76%
$1,381/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,616/mo
+$534/mo
9.4%

City: Friendswood

16907 Colony Bend Dr | Property Details | No Agent List