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$429,000

4518 Backenberry Dr, Friendswood, TX, 77546

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,768 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.7 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Gas Cooktop, Dishwasher

Exterior

Lot Size8,294 sqft

Building Information

Year Built1994
Garage Spaces2

Land Information

APN1177560010006
Lot Number6
SubdivisionHeritage Park
Land UseResidential
Legal DescriptionLT 6 BLK 1 HERITAGE PARK SEC 19
Census Tract350601
Assessed Land Value$61,744
Assessed Improvement Value$348,756
Assessment Year2025

About this property

This immaculate two-story home is a 5-bedroom 3 bath with bonus flex room. The home features tile flooring throughout the first floor and new plush carpet on the second floor. The kitchen boasts 42" cabinets, granite and stainless-steel appliances with enough space to host all your gatherings. Enjoy the cozy fireplace in the spacious living room area, adjacent to the additional bonus climate-controlled room with endless possibilities. The primary bedroom includes a luxurious en-suite bathroom with two closets and separate shower and tub. The house has a two-car detached garage and a convenient storage unit behind the garage. No back neighbors. Home backs to community walking trail. Complete remodel 2019, reroof 2019, water heater 2021, A/C 2023, exterior paint 2024. Ask your agent for a list of upgrades.

Investor Tools

Property Icon
$429,000
Estimated Property Value
$417,891Estimated Mortgage Balance
$9,753Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,574 /month
Positive
Cash Flow Estimate:
$858 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$369/month
$403/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,283
$410,500
2025
$61,744
$348,756
$410,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,283
$410,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Fha
$417,891
Yes
First
Aug 30, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$419,247
$2,753
0%
98%
$2,596/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
$2,999/mo
$-219/mo
7.8%

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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4518 Backenberry Dr | Property Details | No Agent List