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$618,000

NAL Estimated Property Value

406 Melodywood Ct, Friendswood, TX, 77546

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths3,212 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.07 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Cooktop, Convection Oven, Electric Oven
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size20,573 sqft

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces6

Land Information

APN6229-0002-0008-000
Lot Number8
SubdivisionSablewood (95)
Land UseResidential
Legal DescriptionABST 20 PERRY AND AUSTIN SUR LOT 8 BLK 2 SABLEWOOD
Census Tract720100
Assessed Land Value$49,270
Assessed Improvement Value$654,970
Assessment Year2025

About this property

Picturesque one-story home situated on a magnificent park-like lot in an established neighborhood features an open floor plan that's perfect for entertaining! This split floor plan home features a formal dining room currently used as a gameroom which flows into the spacious family room with a stacked stone gas fireplace & views of the fabulous backyard. Steps away, you'll find a secluded study with French doors & more incredible views. A wrap-around breakfast bar leads into the island kitchen with granite counters, stainless appliances, a water softening system, and a large walk-in pantry. The oversized master boasts a high ceiling, wood floors, and must-see updated master bath with HUGE closet. Relax or entertain outdoors under the large covered patio with outdoor kitchen or the pergola patio with outdoor fireplace! Don't miss the detached 4-car tandem garage with a 2-car porte-cochere, workshop area, A/C and half bath for convenience. Too many updates to mention…It’s a must see!

Investor Tools

Property Icon
$618,000
Estimated Property Value
$304,371Estimated Mortgage Balance
$313,629Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,708 /month
Positive
Cash Flow Estimate:
$1,236 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$559/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,619
$587,044
2025
$49,270
$654,970
$704,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,619
$587,044

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Conventional
$344,000
No
First
Jun 29, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$304,371
$282,673
48%
49%
$2,063/mo

City: Friendswood

406 Melodywood Ct | Property Details | No Agent List