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$448,000

NAL Estimated Property Value

3123 Forrester Dr, Pearland, TX, 77584

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,190 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.77 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDisposal, Microwave, Gas Cooktop, Dishwasher, Dryer, Oven, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size7,876 sqft

Building Information

Year Built1996
Stories2
Roof Type105
Garage Spaces2

Land Information

APN7756-0801-503
Lot Number3
SubdivisionSouthwyck
Land UseResidential
Legal DescriptionSOUTHWYCK, BLOCK 5, LOT 3 SEC 8-PHASE 1, A0548 HT&BRR A0548 HT&BRR
Census Tract660707
Assessed Land Value$71,350
Assessed Improvement Value$375,470
Assessment Year2025

About this property

Lovingly maintained large brick home on corner lot in Huntington Park. Great location with easy access to the Magnolia Pkwy/288, & around the corner from the neighborhood playground and pool. This home boasts 5 bedrooms and 3.5 baths, with the primary suite being on the 1st floor. The open-concept family room with it's soaring 2-story ceiling is the central focus of the home and offers an expansive living space that overlooks the kitchen. Great floorplan with formal dining and study downstairs, and an additional den upstairs that allows for easy living. Home boasts new bamboo flooring, new fireplace surround and an updated kitchen. Bathrooms have been freshened up with new countertop surfaces, new guest bath, and a new glass shower enclosure in the primary bathroom. Enjoy the great backyard with its outdoor kitchen and patio. Refrigerator and Washer/Dryer stay. Recent paint, recent HVAC (<2 yrs old), recent Heater (<1 yr old), mature landscaping, and great neighbors. Come see!

Investor Tools

Property Icon
$448,000
Estimated Property Value
$354,725Estimated Mortgage Balance
$29,646Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,790 /month
Positive
Cash Flow Estimate:
$930 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$552/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,388
$446,820
2025
$71,350
$375,470
$446,820
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,388
$446,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sage Home Loans Corp
Conventional
$365,600
No
First
Sep 26, 2024
Oct 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$354,725
$93,275
20%
79%
$2,192/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.

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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: Pearland

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3123 Forrester Dr | Property Details | No Agent List