NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$507,000

NAL Estimated Property Value

908 Merriewood Drive, Friendswood, TX, 77546

Off Market

4 Beds

3 Bath

2,678 Sq Ft

Single Family Residence

$171.69 / sqft

Built in 1975

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

Exterior

Private Pool

Lot Size19,001 sqft

Building Information

Year Built1975

Stories1

Roof Type105

Garage Spaces2

Land Information

APN4680-0003-0008-000

Lot Number8

SubdivisionLeslyn

Land UseResidential

Legal DescriptionABST 151 S MCKISSICK SUR LOT 8 BLK 3 LESLYN SUB

Census Tract720301

Assessed Land Value$47,500

Assessed Improvement Value$441,863

Assessment Year2025

About this property

SMARTLEY RECENTY UPDATED FRIENSWOOD ISD HOME ($227,805) W/SPARKING GUNITE POOL. FAMILY ROOM W/CATHEDRAL CEILING, WOOD BEAMS, BLOCK PANELING, BRICK ACCENTED FIREPLACE, WOOD MATLE, BUILD-IN SHELVING & WALL OF WINDOWS TO OVERSIZED PATIO & POOL*WOOD LOOK CERAMIC TILE IN FAMILY ROOM & DINING*DINING ROOM HAS CROWN & CHAIR MOLDING & CHADELIER*CERAMIC TILE FLOORING IN ENTRY, BREAKFAST ROOM & HALLWAY*TWO BRICK ACCENT WALLS IN BREAKFAST BOOM*KITCHEN FEATURES GRANITE COUNTER, GLASS & SAINLESS STEEL BACK SPLASH, TALL CABINETS W/CROWN MOLDING, BOSCH OVEN, STAINLESS STEEL APPIANCES, LARGE WALK-IN PANTRY*4TH BEDROOM/GUEST QUARTER HAS PRIVATE ENTRY W/GRANITE COUNTER & CABINETS IN HALLWAY, FULL BATH W/CERAMIC TILE ENCLOSURE & WALK-IN CLOSET*HALL BATHROOM HAS QUARTZ CRYSTAL COUNTERS & STARAGE CABINETS*PRIMARY BEDROOM HAS GRANITE DOUBLE SINK COUNTERS, ONYX SHOWER BASON & LARGE WALK-IN CLOSET*POOL/GAME ROOM ON BACK SIDE OF GARAGE*4 SIDES BRICK*HUGH PATIO DECKING*HIGH EFFENCY HOME FOR LOW ENERGY BILLS.

Investor Tools

$507,000

Estimated Property Value

$329,231Estimated Mortgage Balance

$177,769Estimated Equity

35% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,042 /month

Positive

Cash Flow Estimate:

$1,014 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$477/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,185

$489,363

2025

$47,500

$441,863

$489,363

Tax History

Year

Tax Paid

Assessed Value

2024

$3,185

$489,363

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Gateway Motgage Group

Fha

$362,598

Yes

First

Jul 2, 2021

Aug 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$329,231

$177,769

35%

65%

$2,174/mo

Learn About the Market: Opportunity in Texas

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 This Area