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$998,000

NAL Estimated Property Value

603 Rustic Ln, Friendswood, TX, 77546

Recently SoldInfo
9/04/26
Beds5 Beds
Baths3 Bath
Baths2,546 Sq Ft
price_per_sqft$391.99 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 3Bathrooms 3
AppliancesDisposal, Refrigerator Included, Convection Oven, Double Oven, Gas Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Tile

Building Information

Garage Spaces3

About this property

This remarkable homestead offers a rare chance to own 3.33 acres of unrestricted, unzoned land complete with gorgeous home, guest house, and equestrian facilitities just minutes from Pearland Pkwy. Owned by the same family since 1995, the property has never flooded. Completely remodeled in 2011, the home features a stone exterior, custom cabinetry, granite countertops, 5-in baseboards, double-pane windows, vaulted ceilings, formal living and dining rooms, covered back patio, and spacious primary suite with dual closets and large ensuite bath. Located 0.3 miles from Rustic Oak Elementary and zoned to Pearland ISD, the property was expanded to include a 1,069 sq. ft. guest house and 3-car garage with 9' doors. Equestrian amenities include a 1,440 sq ft custom BarnMaster barn with 5 stalls, fly spray system, and a 24' x 12' AC'd tack room with sink, refrigerator, and water heater. Horses will enjoy a fenced pasture, foal shed, riding arena, and round pen—all just steps from home.

Investor Tools

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$998,000
Estimated Property Value
$0Estimated Mortgage Balance
$998,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,988 /month
Positive
Cash Flow Estimate:
$1,996 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,339/month
No HOA
5.947%

City: Friendswood