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$1,781,000

406 Oak Dr, Friendswood, TX, 77546

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths5,120 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$287.11 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size1.55 acres

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces4

Land Information

APN5926-0000-0007-000
Lot Number7
SubdivisionPolly Ranch Estates Replat
Land UseResidential
Legal DescriptionABST 151 LOT 7 & NE 1/2 OF LOT 6 POLLY RANCH ESTATES REPLAT
Census Tract720200
Assessed Land Value$405,060
Assessed Improvement Value$1,306,460
Assessment Year2025

About this property

Modern sophistication and clean lines meld in this masterful custom home in Polly Ranch Estates. Beautifully situated on 1.5 acres alongside 150+yr old oak trees, 406 Oak Drive is built for exceptional living. Offering black steel doors & windows, white oak hardwood floors, open design & impressive 12-14ft ceilings throughout. Showcased upon entry, the living room and kitchen flow seamlessly together with a statement fireplace, 14ft decadent black island with quartz countertops, Thermador gas range & stunning brick feature wall. The primary wing offers a peaceful bedroom sanctuary with private office, oversized shower, large separate tub, dual vanities, walk-in closet and home gym. A secondary bedroom wing boasts 2 generously sized bedrooms each with ensuite bath, media room & a mudroom. The second floor offers an optional 4th bedroom or flex use space with dedicated bathroom. Outdoor living includes brick paved floors, stone fireplace, summer kitchen & serene views of grounds.

Investor Tools

Property Icon
$1,781,000
Estimated Property Value
$1,160,000Estimated Mortgage Balance
$748,326Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,686 /month
Positive
Cash Flow Estimate:
$3,562 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,775/month
$113/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,396
$1,711,520
2025
$405,060
$1,306,460
$1,711,520
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,396
$1,711,520

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fbc Mortgage Llc
Conventional
$1,160,000
No
First
Sep 17, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,032,674
$757,326
42%
58%
$6,955/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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406 Oak Dr | Property Details | No Agent List