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$352,000

427 Drake Ln, League City, TX, 77573

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,289 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.88 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee Owner

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 Range, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesBalcony
Lot Size5,985 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces2

Land Information

APN7548-1001-0019-000
Lot Number19
SubdivisionWestover Park Sec 6a & 6b (2004 & 2005)
Land UseResidential
Legal DescriptionWESTOVER PARK SEC 6B (2005) BLK 1 LOT 19 ABST 9 & 606
Census Tract720505
Assessed Land Value$67,810
Assessed Improvement Value$270,650
Assessment Year2025

About this property

This lovely 4 bedroom home is a must see in the desirable Westover Park Community. Features include an open-concept floor plan with high ceilings. The entry and spacious dining area are perfect for entertaining family and guests. Adjoining the spacious kitchen is the immense living room that boasts a beautiful corner gas/wood burning fireplace. The primary bedroom with large walk-in closet is located just off the living area on the first floor. Head upstairs to find an oversize game room and 3 additional bedrooms. Located just between League City and Friendswood, this home offers easy access to schools, dining, shopping and entertainment. Schedule your showing today!

Investor Tools

Property Icon
$352,000
Estimated Property Value
$272,000Estimated Mortgage Balance
$97,187Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,112 /month
Positive
Cash Flow Estimate:
$704 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$305/month
$665/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,902
$338,460
2025
$67,810
$270,650
$338,460
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,902
$338,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Churchill Mortgage Corp
Conventional
$272,000
No
First
Dec 19, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$254,813
$98,187
27%
72%
$1,631/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.

Explore Texas Explore This Area
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: League City

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427 Drake Ln | Property Details | No Agent List