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B+
NoAgentList RatingHow are grades calculated? Info

$600,000

316 Overlook Dr, Friendswood, TX, 77546

SoldInfo
7/17/26
Beds4 Beds
Baths4 Bath
Baths3,852 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.76 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Wood

Exterior

Lot Size11,700 sqft

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces2

Land Information

APN4502-0004-0001-000
Lot Number1
SubdivisionLakes Of Falcon Ridge Sec 1 (2003) Abst
Land UseResidential
Legal DescriptionLAKES OF FALCON RIDGE SEC 1 (2003) ABST 151, BLOCK 4, LOT 1, ACRES 0.269
Census Tract720400
Assessed Land Value$61,740
Assessed Improvement Value$500,602
Assessment Year2025

About this property

An answer to your prayers! This stunning waterfront home offers 3,852 sq. ft. of beautifully updated living space with 4 bedrooms, 3.5 baths, a private study, game room, formal living and dining areas, and a 3-car garage. Handscraped wood-look laminate flooring flows through the main living areas, with ceramic/porcelain tile in wet areas and new carpet in the bedrooms and game room. The island kitchen is a cook’s dream featuring granite countertops, abundant workspace, and a new microwave. The spacious downstairs primary suite boasts a massive walk-in closet and an oversized custom-tiled shower with seat and granite accents. A second primary suite is located upstairs. Both A/C systems and the whole-house generator are approximately 3 years old and under service contracts. Roof replaced approximately 3-4 years ago. Relax on the covered patio overlooking the water, with green space next door. Call today for details and a private tour!

Investor Tools

Property Icon
$600,000
Estimated Property Value
$0Estimated Mortgage Balance
$600,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$457/month
$625/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,483
$562,342
2025
$61,740
$500,602
$562,342
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,483
$562,342

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$600,000
100%
0%
$0/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: Friendswood

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316 Overlook Dr | Property Details | No Agent List