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$275,000

NAL Estimated Property Value

5406 Abercreek Ave, Friendswood, TX, 77546

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,815 Sq Ft
price_per_sqft$162.53 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,919 sqft

Building Information

Year Built1978
Garage Spaces2

Land Information

APN1084760000012
Lot Number12
SubdivisionWedgewood Village
Land UseResidential
Legal DescriptionLT 12 BLK 5 WEDGEWOOD VILLAGE SEC 8 U/R
Census Tract350700
Assessed Land Value$59,875
Assessed Improvement Value$193,019
Assessment Year2025

About this property

Located on a quiet street in Friendswood, this fantastic 3 bedroom, 2 bath home is a great find with great curb appeal! Pull up to your extra long driveway and into your oversized, detached 2 car garage as you arrive home. Grill out under your covered patio or put in a pool in your enormous backyard. Inside you’ll find 3 sizable bedrooms and over 1,800 sq ft of living space. The great room with vaulted ceilings and beautiful white brick hearth opens up to a gorgeous kitchen boasting large center island, granite countertops, and wine cooler. You’ll also find pendant lighting and great appliances that stay with the home. Other features in this home include ceiling fans, recessed lighting and lots of natural light. Zoned to CCISD! Do not miss out on this hidden gem! Schedule your private tour today!

Investor Tools

Property Icon
$275,000
Estimated Property Value
$272,514Estimated Mortgage Balance
$2,486Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$249/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,611
$252,894
2025
$59,875
$193,019
$252,894
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,611
$252,894

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$294,566
Yes
First
May 23, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$272,514
$12,486
4%
99%
$1,767/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,842/mo
+$308/mo
9.4%

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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5406 Abercreek Ave | Property Details | No Agent List