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$667,000

NAL Estimated Property Value

301 Falcon Lake Dr, Friendswood, TX, 77546

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,832 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.73 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size12,515 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces2

Land Information

APN4503-0007-0007-000
Lot Number7
SubdivisionLakes Of Falcon Ridge Sec 2 (2006) Abst
Land UseResidential
Legal DescriptionLAKES OF FALCON RIDGE SEC 2 (2006) ABST 151, BLOCK 7, LOT 7, ACRES 0.287
Census Tract720400
Assessed Land Value$62,610
Assessed Improvement Value$547,670
Assessment Year2025

About this property

Welcome to 301 Falcon Lake, where lakefront living meets luxury! This stunning home features fresh paint throughout and greets you with an elegant iron-railed staircase in the foyer. The dining area is sure to impress with soaring ceilings and abundant natural light. Gather in the spacious living room, around the stone gas-log fireplace, oversized windows overlooking the pool, and sleek LVP flooring. The kitchen—truly the heart of the home—boasts S/S appliances, a built-in oven, granite island and countertops. The long driveway and 3-car garage provide ample parking, while custom built-in cabinetry in the pantry, living area, and primary closet ensure endless storage. Upstairs, enjoy a spacious game room with potential for a media area, perfect for entertainment. Step outside to your expansive covered patio and take in breathtaking lake views. Cool off in the sparkling pool, unwind in the jacuzzi, or simply soak in the peaceful surroundings and trails. Schedule your tour today!

Investor Tools

Property Icon
$667,000
Estimated Property Value
$652,654Estimated Mortgage Balance
$14,346Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,109 /month
Positive
Cash Flow Estimate:
$1,370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$620/month
$525/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,106
$610,280
2025
$62,610
$547,670
$610,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,106
$610,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$664,353
No
First
May 5, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$652,654
$25,346
3%
98%
$3,984/mo

City: Friendswood

301 Falcon Lake Dr | Property Details | No Agent List