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A+
NoAgentList RatingHow are grades calculated? Info

$716,000

3108 Richard Ln, Friendswood, TX, 77546

$735,191 ARVInfo
Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths5,474 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$87.69 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

ARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size11,700 sqft

Building Information

Year Built2008
Garage Spaces3

Land Information

APN1277950020012
Lot Number12
SubdivisionFriendswood Oaks
Land UseResidential
Legal DescriptionLT 12 BLK 2 FRIENDSWOOD OAKS SEC 2
Census Tract350804
Assessed Land Value$138,240
Assessed Improvement Value$577,760
Assessment Year2025

About this property

This oasis won't last long! Luxury is offered with every step in this hidden gem of Friendswood. Whether its the two separate staircases, the large open kitchen with the spacious island including a walk in pantry, this home is sure to make you wanting more as you head into the master bedroom that offers a private loft!! The upstairs boast with 4 bedrooms and a media/game room area to use to your liking. This gorgeous home does not disappoint. Don't wait, make this one yours today!!

Investor Tools

Property Icon
$716,000
Estimated Property Value
$532,107Estimated Mortgage Balance
$239,434Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$735,190
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,296 /month
Positive
Cash Flow Estimate:
$1,432 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$547/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,981
$716,000
2025
$138,240
$577,760
$716,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,981
$716,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Devon Bank
Purchase Money Mortgage
$532,107
No
First
Dec 29, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$476,566
$239,434
33%
67%
$3,191/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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3108 Richard Ln | Property Details | No Agent List