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B+
NoAgentList RatingHow are grades calculated? Info

$1,086,900

209 E Spreading Oaks Ave, Friendswood, TX, 77546

$1,258,906 ARVInfo
Off MarketInfo
Baths4 Bath
Baths5,495 Sq Ft
price_per_sqft$197.8 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

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

Property Icon
$1,086,900
Estimated Property Value
$200,000Estimated Mortgage Balance
$907,419Estimated Equity
82% 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

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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

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.

Explore Texas Explore This Area
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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209 E Spreading Oaks Ave | Property Details | No Agent List