$1,086,900
NAL Estimated Property Value209 E Spreading Oaks Ave, Friendswood, TX, 77546
$1,258,906 ARV
Off Market
Property Lead Type:
ARV FlipAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size20,247 sqft
Building Information
Year Built2021
Stories2
Roof Type105
Garage Spaces4
Land Information
APN4048-0001-0001-000
Lot Number1
SubdivisionHolbrook Skaggs Addn (2021) Abst 151
Land UseResidential
Legal DescriptionLOT 1 BLK 1 HOLBROOK SKAGGS ADDN (2021) ABST 151
Census Tract720200
Assessed Land Value$222,710
Assessed Improvement Value$864,190
Assessment Year2025
About this property
Newly platted lot in the middle of the city proper. Slightly wooded. Ready for a new home as per City of Friendswood requirements. Flood Zone is Unshaded X. Walk to see activities on Main Street, 4th of July Parade, Homecoming parade, Baseball Day parade, etc. Convenient location to local shopping. Quick Access to I-45 via FM 518 to FM 2351 & FM 528 or Whispering Pines Dr. FISD bus transportation is available. Rare opportunity for a custom home build.
Investor Tools
$1,086,900
Estimated Property Value
$179,481Estimated Mortgage Balance
$907,419Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,258,906
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,521 /month
Positive
Cash Flow Estimate:
$2,174 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,121/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,021
$1,086,900
2025
$222,710
$864,190
$1,086,900
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,021
$1,086,900
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Embrace Home Loans Inc
Conventional
$200,000
No
First
Jan 19, 2021
Feb 2036
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,481
$907,419
83%
17%
$1,200/mo
