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$649,000

725 Falcon Lake Drive, Friendswood, TX, 77546

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$117.11 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Cooktop, Electric Oven
FlooringCarpet, Laminate, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size11,813 sqft

Building Information

Year Built2004
Stories2
Roof Type105
Garage Spaces2

Land Information

APN4502-0007-0009-000
Lot Number9
SubdivisionLakes Of Falcon Ridge Sec 1 (2003) Abst
Land UseResidential
Legal DescriptionLAKES OF FALCON RIDGE SEC 1 (2003) ABST 151, BLOCK 7, LOT 9, ACRES 0.271
Census Tract720400
Assessed Land Value$61,860
Assessed Improvement Value$535,880
Assessment Year2025

About this property

Spacious 5 bedroom home with a sparkling swimming pool and breathtaking lake views! Enter from the covered front porch into an inviting foyer with soaring ceilings and a split staircase, flanked by an elegant dining room and flexible use formal living room or study with wood floors and Palladium arched windows. Continue into the family room with corner gas log fireplace, continued wood floors, and a wall of windows overlooking the backyard oasis. The island kitchen boasts granite countertops, a tile backsplash, recently replaced stainless appliances, and an eat-in breakfast room with sunlit bay window. First floor master offers an enlarged shower, jetted tub, and Texas sized closet. Upstairs, a spacious gameroom with additional flex room adjacent to it is flanked by 2 sets of bedrooms with Jack & Jill bathrooms. Outdoors, relax in the saltwater pool & spa with spillover waterfall, Travertine coping, and stunning views of the lake & fountain. Don't miss the 3 car garage! No MUD Tax!

Investor Tools

Property Icon
$649,000
Estimated Property Value
$0Estimated Mortgage Balance
$399,427Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,894 /month
Positive
Cash Flow Estimate:
$1,298 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$607/month
$525/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,038
$597,740
2025
$61,860
$535,880
$597,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,038
$597,740

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$290,000
No
First
May 22, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,573
$399,427
61%
38%
$1,739/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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