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$248,000

NAL Estimated Property Value

602 Redwood Bend Ln, Pearland, TX, 77584

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,377 Sq Ft
price_per_sqft$173.57 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Vinyl

Exterior

Exterior FeaturesBack Green Space, Side Yard
Lot Size6,447 sqft

Building Information

Year Built1995
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2988-6001-010
Lot Number10
SubdivisionCountryplace Sec 6
Land UseResidential
Legal DescriptionCOUNTRYPLACE SEC 6 (A0310 HT&B) BLK 1 LOT 10
Census Tract660608
Assessed Land Value$74,720
Assessed Improvement Value$163,780
Assessment Year2025

About this property

LIVE ON A GOLF COURSE & RETIRE IN STYLE! This beautiful 2 bedroom, 2 bath move-in ready home is located on a cul-de-sac in the highly sought-after 55+ community of Countryplace. You will absolutely LOVE eating breakfast & cooking while viewing the golf course from the bay window, which also means there are no back neighbors. Enjoy coffee on your back patio or entertain friends with an idyllic view. You will love the open floor plan, high ceilings, spacious rooms and an abundance of natural light. This gated community not only has a 24/7 manned entry, but also activities for everyone. Some include: 2 lighted tennis courts, Olympic size pool, hot tub, 18-hole golf course, 2 exercise rooms, dry sauna, jetted tub, game room, happy hour Fridays at the community grill, live music, dances, and numerous clubs for various activities, including a travel club that plans group trips to many parts of the U.S. and the world.

Investor Tools

Property Icon
$248,000
Estimated Property Value
$84,824Estimated Mortgage Balance
$163,176Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$255/month
$180/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,822
$238,500
2025
$74,720
$163,780
$238,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,822
$238,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Unknown
$60,299
No
First
Jul 13, 2006
Jul 2021

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$84,824
$164,176
65%
34%
$956/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: Pearland

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602 Redwood Bend Ln | Property Details | No Agent List