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$503,000

NAL Estimated Property Value

3315 Redwood Grove Street, Pearland, TX, 77581

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,029 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.66 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Range, Electric Oven

Exterior

Lot Size10,415 sqft

Building Information

Year Built2008
Stories2
Roof Type105
Garage Spaces2

Land Information

APN7943-1202-005
Lot Number5
SubdivisionThe Villages At Mary's Creek Sec 1 Ph 2
Land UseResidential
Legal DescriptionTHE VILLAGES AT MARY'S CREEK SEC 1 PH 2 (A0070 W D C HALL) PEARLAND, BLOCK 2, LOT 5
Census Tract660302
Assessed Land Value$56,240
Assessed Improvement Value$429,000
Assessment Year2025

About this property

Gorgeous 1.5 story home in the sought after Village at Mary's Creek gated community! The home features a spacious entry with formal dining and study with french doors. The open concept living area will be great for entertaining. The kitchen has upgraded cabinetry, granite countertops, built in desk and bar area. The First floor master suite features his/hers sinks, garden tub and separate shower and two walk in closets. Upstairs you will find a spacious game room, a media room and a half bath. You will love the covered back patio offering plenty of shade during the hot summer months and the extra storage space that comes with having a 3 car garage. The community has a public pool and playground area for the kids. Don't miss out on the opportunity to live in the Villages at Mary's Creek, call today to set up your private showing.

Investor Tools

Property Icon
$503,000
Estimated Property Value
$199,676Estimated Mortgage Balance
$303,324Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,018 /month
Positive
Cash Flow Estimate:
$1,006 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$939/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,756
$485,240
2025
$56,240
$429,000
$485,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,756
$485,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amoco Fcu
Conventional
$230,000
No
First
Sep 27, 2019
Oct 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,676
$303,324
60%
40%
$1,379/mo

Learn About the Market: Opportunity in Texas

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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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3315 Redwood Grove Street | Property Details | No Agent List