$1,075,000
NAL Estimated Property Value2020 Lundy Ln, Friendswood, TX, 77546
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Microwave, Dishwasher
FlooringCarpet, Tile
Exterior
Lot Size10.34 acres
Building Information
Year Built1982
Stories1
Roof Type105
Garage Spaces6
Land Information
APN7290-0000-0003-000
Lot Number3
SubdivisionVan Pelt Geo
Land UseAgriculture / Farming
Legal DescriptionABST 625 B S & F SUR PT OF LOT 3 NKA RES A OF REPLAT & W 100 FT OF LOT 2 (3-0) GEORGE VAN PELT'S SUB
Census Tract720400
Assessed Land Value$155,960
Assessed Improvement Value$678,140
Assessment Year2025
About this property
Welcome Home! Beautiful unrestricted Ranch style home on approximately 10.3371 acres! Located in Desirable Friendswood, Texas. 30 x 50 Building, guesthouse and 3-Car Detached Garage with workshop. Circle Drive with Porte-Cochere. Plenty of parking for RV's, get togethers, holiday & BBQ's. ,Home features built-ins and large closets. Kitchen is a cook's dream with cabinets galore and open to breakfast area and family room for entertaining. NO MUD! NO HOA! AG exempt! Bring your horses! Look at room sizes, all large! Bring your Best offer to be considered!
Investor Tools
$1,075,000
Estimated Property Value
$614,242Estimated Mortgage Balance
$460,758Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$944/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,951
$834,100
2025
$155,960
$678,140
$1,229,760
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,951
$834,100
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$650,000
No
First
May 4, 2023
Jun 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$614,242
$438,758
41%
57%
$3,898/mo
