$375,000
16823 Bending Creek Ln, Friendswood, TX, 77546
On Market
Just Added
Property Lead Type:
BankruptcyMust-SellAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Microwave
Exterior
Lot Size7,000 sqft
Building Information
Year Built2004
Garage Spaces2
Land Information
APN1218830070011
Lot Number11
SubdivisionHeritage Park
Land UseResidential
Legal DescriptionLT 11 BLK 7 HERITAGE PARK SEC 26
Census Tract350603
Assessed Land Value$60,570
Assessed Improvement Value$463,234
Assessment Year2025
About this property
MOTIVATED SELLER! Welcome to 16823 Bending Creek Drive, Friendswood, TX! This spacious home offers over 4,000 square feet of living space, 4 bedrooms, 3 bathrooms, and a generously sized lot. Located in a desirable neighborhood with a convenient location, this property offers plenty of space and potential for its next owner. For questions, additional information, appointments, or assistance with this property, please reach out! Don’t miss this opportunity!
Investor Tools
$87,558Estimated Mortgage Balance
$436,246Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,143 /month
Positive
Cash Flow Estimate:
$1,048 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$260/month
$436/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$504
$523,804
2025
$60,570
$463,234
$523,804
No
Tax History
Year
Tax Paid
Assessed Value
2024
$504
$523,804
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home123 Corp
Unknown
$182,000
No
First
Jan 18, 2007
Feb 2037
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$87,558
$436,246
83%
17%
$1,092/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,050/mo
$1,528/mo
+$1,522/mo
7.0%
