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Owner Contacts

$255,000

3622 Teakwood Dr, Pearland, TX, 77584

Off Market

2 Beds

2 Bath

1,546 Sq Ft

Condos / Townhouses

$142.24 / sqft

Built in 1993

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 3

Garage Available

Heating Gas

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher

FlooringTile

Exterior

Lot Size3,406 sqft

Building Information

Year Built1993

Stories1

Roof Type105

Garage Spaces2

Land Information

APN2984-0502-014

Lot Number14

SubdivisionCountry Grove Townhomes Sec 5

Land UseResidential

Legal DescriptionCOUNTRY GROVE TOWNHOMES SEC 5 (A0310 HT&B-A0510 F B DRAKE) BLK 2 LOT 14

Census Tract660608

Assessed Land Value$55,970

Assessed Improvement Value$181,360

Assessment Year2025

About this property

Welcome to your new home, in the desirable 55+ active adult community in Pearland with easy access to shopping, medical center and many other Houston metro areas. Home sits on the front 9 of the golf course. Overall amenities include tile floors, crown molding, vaulted ceiling, ceiling fans -- NO carpet! Literally almost EVERYTHING has been updated. Kitchen offers granite counters, glass tile backsplash, white cabinets and drawers with pull out shelves. Pantry is amazing with all pull out shelves. Stainless appliances. Primary bath offers dual sinks, granite counters large walk-in glass shower that is wheel chair accessible. Sit and relax overlooking the green space of the golf course in your screened-in porch while your 4 legged best friend plays in their own fenced area. Washer, Dryer, Refrigerator convey with suitable offer. All other furniture is available for purchase. New garage door opener, electric front door lock. HVAC system, stove and dishwasher replaced in 2019.

Investor Tools

$255,000

Estimated Property Value

$171,600Estimated Mortgage Balance

$99,491Estimated Equity

33% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,530 /month

Positive

Cash Flow Estimate:

$510 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$321/month

$497/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,581

$237,330

2025

$55,970

$181,360

$237,330

Tax History

Year

Tax Paid

Assessed Value

2024

$2,581

$237,330

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cmg Mortgage Inc

Conventional

$171,600

First

Jun 16, 2021

Jul 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$155,509

$98,491

38%

61%

$1,029/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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