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$259,900

16103 Tibet Rd, Friendswood, TX, 77546

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,696 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.24 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size9,544 sqft

Building Information

Year Built1974
Stories1
Garage Spaces2

Land Information

APN1057830000028
Lot Number28
SubdivisionWedgewood Village
Land UseResidential
Legal DescriptionLT 28 BLK 22 WEDGEWOOD VILLAGE SEC 5
Census Tract350700
Assessed Land Value$64,481
Assessed Improvement Value$225,211
Assessment Year2025

About this property

Welcome to 16103 Tibet Road, located in the established Wedgewood Village community of Friendswood. This home offers a functional floor plan with comfortable living spaces and plenty of potential for its next owner to make it their own. A brand-new HVAC system was installed in summer 2026, providing a valuable recent improvement. With some TLC and personal touches, this home offers a great opportunity to build equity and create a space that fits your style. Enjoy a spacious lot with plenty of room for outdoor living, all conveniently located near FM 528 with easy access to shopping, dining, and everyday amenities. Bring your ideas and come see the possibilities 16103 Tibet Road has to offer!

Investor Tools

$200,921Estimated Mortgage Balance
$88,771Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,738 /month
Positive
Cash Flow Estimate:
$579 /month

Interested in this property?

Trey King

Birdsong Real Estate

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$228/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,283
$289,692
2025
$64,481
$225,211
$289,692
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,283
$289,692

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$220,440
No
First
Jan 29, 2022
Feb 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,921
$88,771
30%
69%
$1,322/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,447/mo
+$703/mo
8.9%

City: Friendswood

16103 Tibet Rd | Property Details | No Agent List