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$385,000

616 Cannan Drive, Angleton, TX, 77515

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesDisposal, Refrigerator Included, Convection Oven, Double Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size35,719 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces3

Land Information

APN2430-0004-000
Lot Number5
SubdivisionCannan Acres
Land UseResidential
Legal DescriptionCANNAN ACRES (ANGLETON) LOT 5 ACRES 0.82
Census Tract662300
Assessed Land Value$86,830
Assessed Improvement Value$259,280
Assessment Year2025

About this property

Single-story home on 0.82-acre lot • Solar panels & Tesla Powerwall • Detached workshop with covered storage. 3-bedroom, 2.5-bath home offering approximately 2,500 sq ft on a landscaped 0.82-acre lot with mature trees and multiple outdoor living spaces. Flexible floor plan includes a dedicated home office, formal dining room, breakfast area, and spacious living room with fireplace. Kitchen features abundant cabinetry, stainless steel appliances, double ovens, gas cooktop, and generous counter space. New flooring in dining, kitchen, office and bedrooms. Primary suite includes a walk-in shower, while the secondary bath offers dual sinks and granite countertops. Energy-efficient upgrades include solar panels, Tesla Powerwall backup system, and water filtration system. Outdoor amenities include an expansive covered patio, screened porch, park-like backyard, detached workshop, and covered storage area. Conveniently located near shopping, dining, schools, and major commuter routes.

Investor Tools

$230,992Estimated Mortgage Balance
$117,008Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

Interested in this property?

April Aberle

RE/MAX Crossroads Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$606/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,528
$346,110
2025
$86,830
$259,280
$346,110
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,528
$346,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Va
$260,000
Yes
First
Aug 24, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,992
$117,008
33%
66%
$1,559/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: Angleton

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616 Cannan Drive | Property Details | No Agent List