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$540,000

NAL Estimated Property Value

506 S Clear Creek Dr, Friendswood, TX, 77546

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,468 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.34 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size35,279 sqft

Building Information

Year Built1978
Stories1
Roof Type104
Garage Spaces3

Land Information

APN3475-0000-0031-000
Lot Number31
SubdivisionFriendswood Forest
Land UseResidential
Legal DescriptionABST 151 S MCKISSICK SUR LOT 31 FRIENDSWOOD FOREST
Census Tract720200
Assessed Land Value$42,140
Assessed Improvement Value$669,800
Assessment Year2025

About this property

Stunning ranch-style home on a sprawling .8 acre lot in Friendswood ISD! Step into the spacious & open living space that showcases wood-look tile floors, vaulted ceilings, double-paned windows with plantation shutters, an impressive river rock fireplace, & 2 adjoining flex-use rooms. The chef-worthy island kitchen boasts soft-close custom cabinetry with all the bells & whistles, granite countertops, stainless appliances, a pot filler, & much more. Escape to the master suite to find a large walk-in closet & an impressively redesigned bath with a dual sink vanity & oversized shower. Outdoors, relax beneath the covered patio with a mosquito misting system & views of the pristine pool with tanning ledge & spa, travertine decking, and endless green space complete with a shed & fenced dog kennel. Additional updates include a tankless water heater, new A/C, a newly installed circular driveway, & a Nest system with doorbell, cameras, & smoke/CO2 detectors. No stone was left unturned!

Investor Tools

Property Icon
$540,000
Estimated Property Value
$457,555Estimated Mortgage Balance
$82,445Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,240 /month
Positive
Cash Flow Estimate:
$1,080 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$437/month
$25/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,542
$412,392
2025
$42,140
$669,800
$711,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,542
$412,392

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Conventional
$504,900
No
First
Jun 3, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$457,555
$119,445
20%
85%
$3,028/mo

City: Friendswood

506 S Clear Creek Dr | Property Details | No Agent List