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$1,669,000

707 Oak Dr, Friendswood, TX, 77546

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,002 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$399.8 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size9.40 acres

Building Information

Year Built1994
Stories2
Roof Type105
Garage Spaces4

Land Information

APN5926-0000-0000-003
SubdivisionPolly Ranch Estates Replat
Land UseResidential
Legal DescriptionABST 151 PAGE 10 & 11 RES D (0-3) POLLY RANCH ESTATES REPLAT
Census Tract720200
Assessed Land Value$1,261,150
Assessed Improvement Value$602,798
Assessment Year2025

About this property

9.4 acres nestled in the woods of Polly Ranch Estates with pristine grounds, creek side tree-lined walking trails, pond with nesting wood ducks & a true feeling of your own private & peaceful escape. 707 Oak Drive melds both rustic and modern finishes together in over 4,000 sq ft of living space. Updated with unbelievable hardwood floors, custom cabinetry, high-end light fixtures, hardware & stunning countertop selections. Featuring an open layout with entry, living, kitchen and dining area blending perfectly together for entertaining & functionality, a huge utility room with built-in storage and desk area & the downstairs primary suite provides elegance & comfort with stunning view of outdoors, private access to back patio, huge walk-in closet and spa-worthy bathroom. Upstairs, 3 large bedrooms each with walk-in closet, 2 full bathrooms, game room and large upstairs deck with stunning views of the grounds. Outdoors, a huge back patio, fire pit area, storage shed & creek access.

Investor Tools

Property Icon
$1,669,000
Estimated Property Value
$1,180,000Estimated Mortgage Balance
$581,335Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,014 /month
Positive
Cash Flow Estimate:
$3,338 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,656/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,526
$1,631,640
2025
$1,261,150
$602,798
$1,863,948
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,526
$1,631,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$1,180,000
No
First
Mar 15, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,087,665
$543,975
33%
65%
$7,075/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.

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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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707 Oak Dr | Property Details | No Agent List