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$830,000

502 Shadywood Dr, Friendswood, TX, 77546

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,184 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.13 / sqft
Year BuiltBuilt in 2001

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, Convection Oven, Double Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size17,367 sqft

Building Information

Year Built2001
Stories2
Roof Type105
Garage Spaces5

Land Information

APN3396-0003-0007-000
Lot Number7
SubdivisionThe Forest Sec 6 (2001) Abst 20
Land UseResidential
Legal DescriptionTHE FOREST SEC 6 (2001) ABST 20, BLOCK 3, LOT 7, ACRES 0.399
Census Tract720100
Assessed Land Value$66,260
Assessed Improvement Value$752,073
Assessment Year2025

About this property

Nestled on a picturesque corner lot in The Forest, a stately exterior & manicured lawn greet you to 502 Shadywood Drive. A grand front entry with soaring ceilings, abundance of natural light and continuous wood tile flooring welcome you inside. Immediately off the entry, a private study with beautiful and bold paint & french doors. The formal dining offers access to the kitchen and boasts a stunning light fixture. A sun-filled living room, open to the kitchen and offering sweeping views of the resort-like pool and hardscapes. A thoughtfully designed kitchen with quartz countertops, under cabinet lighting, double ovens, built-in fridge and walk-in pantry. The primary suit is located downstairs with an impressive, oversized shower, custom closet and elegant finishes. Upstairs, 3 secondary bedrooms with 2 full bathrooms and large game room with wall of custom built-ins. Outdoors, a magnificent entertainment set up with outdoor kitchen, covered patio, pool and hot tub.

Investor Tools

Property Icon
$830,000
Estimated Property Value
$600,000Estimated Mortgage Balance
$254,381Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,250 /month
Positive
Cash Flow Estimate:
$1,750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$924/month
$625/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,937
$818,333
2025
$66,260
$752,073
$818,333
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,937
$818,333

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Conventional
$600,000
No
First
Feb 20, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$575,619
$252,381
30%
69%
$3,598/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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502 Shadywood Dr | Property Details | No Agent List