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$291,000

16907 Tibet Rd, Friendswood, TX, 77546

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,482 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.71 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Refrigerator
FlooringTile, Vinyl

Exterior

Lot Size6,599 sqft

Building Information

Year Built1971
Stories1
Garage Spaces2

Land Information

APN1035030000008
Lot Number8
SubdivisionForest Bend
Land UseResidential
Legal DescriptionLT 8 BLK 16 FOREST BEND SEC 2
Census Tract350801
Assessed Land Value$57,998
Assessed Improvement Value$200,507
Assessment Year2025

About this property

This completely remodeled beautiful home offers 4 Bedrooms, 2 Bathrooms and a 2 Car Garage. Enjoy an abundance of natural light throughout, highlighting the home’s stylish design. The modern Kitchen features Quartz Countertops, Soft closing cabinets and stainless-steel appliances - refrigerator is included. Enjoy vinyl flooring throughout all bedrooms (no carpet!) for easy maintenance and a sleek look. Additional updates include new roof and new window-blinds. Step outside to a large backyard with a beautiful covered porch, ideal for family gatherings. Located in a quiet, established neighborhood within a desirable school district, this home is conveniently close to Baybrook Mall, shopping centers, and easy access to I-45. Don’t miss the opportunity to make this beautiful home yours! Schedule a showing today!

Investor Tools

Property Icon
$291,000
Estimated Property Value
$278,350Estimated Mortgage Balance
$15,076Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,758 /month
Positive
Cash Flow Estimate:
$586 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$436/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$258,505
2025
$57,998
$200,507
$258,505
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$258,505

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Conventional
$278,350
No
First
Nov 25, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$275,924
$15,076
5%
95%
$1,669/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
$1,789/mo
+$991/mo
11.5%

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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