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General Description
minimizeBeautiful single-story home in the desirable Lakes of Falcon Ridge community in FISD! Step into this 3/4 bedroom split floorplan to find high ceilings and an abundance of double-paned windows dressed with timeless plantation shutters throughout the formal living & dining rooms, private study, family room with a gas fireplace, and into the island kitchen. The oversized primary suite boasts a separate sitting area that could be converted back into a 4th bedroom and an en suite bath with a whirlpool tub, separate shower, dual sinks, and a spacious closet. The home also boasts a radiant barrier roof, a whole home Generac generator, a flagstone patio with a Mist Away Mosquito system, and a large yard with a recently replaced fence, storage shed, & an in-ground sprinkler system as well as full gutters. The short walk to the community lake with walking trail, Friendswood Junior High, and events at Centennial Park make this home an ideal location in a highly sought-after neighborhood.
Rooms/Lot Dimensions
Interior Features
Exterior Features
Additional Information
Financial Information
Selling Agent and Brokerage
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Property Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $158.93 | $494,740 | 13.48% | $494,740 | 13.48% |
| 2022 | $140.05 | $435,980 | 2.75% | $435,980 | 5.83% |
| 2021 | $136.31 | $424,330 | 11.07% | $411,945 | 10.00% |
| 2020 | $122.72 | $382,030 | 12.21% | $374,495 | 10.00% |
| 2019 | $109.36 | $340,450 | 0.00% | $340,450 | 0.00% |
| 2018 | $109.36 | $340,450 | 0.00% | $340,450 | 0.15% |
| 2017 | $109.36 | $340,450 | 10.16% | $339,955 | 10.00% |
| 2016 | $99.28 | $309,050 | 0.00% | $309,050 | 8.27% |
| 2015 | $99.28 | $309,050 | 19.09% | $285,450 | 10.00% |
| 2014 | $83.36 | $259,500 | 0.00% | $259,500 | 0.00% |
| 2013 | $83.36 | $259,500 | 0.00% | $259,500 | 0.00% |
| 2012 | $83.36 | $259,500 | $259,500 |
2023 Galveston County Appraisal District Tax Value
| Market Land Value: | $44,830 |
| Market Improvement Value: | $449,910 |
| Total Market Value: | $494,740 |
2023 Tax Rates
| GALVESTON COUNTY: | 0.3676 % |
| FRIENDSWOOD CITY: | 0.4873 % |
| FRIENDSWOOD ISD: | 1.2094 % |
| COUNTY ROAD/FLOOD: | 0.0084 % |
| GALV CNTY CONSOLIDATED DRAINAG: | 0.1298 % |
| Total Tax Rate: | 2.2025 % |
Estimated Mortgage/Tax
minimize| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 1,679 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 908 |
| Home Owners Insurance | Get a Quote |
Subdivision Facts
minimize2023 Subdivision Facts
Schools
minimizeSchool information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
ASSIGNED SCHOOLS
Excellent | 
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Property Map
minimize516 Falcon Lake Drive Friendswood TX 77546 was recently sold. It is a 0.28 Acre(s) Lot, 3,113 SQFT, 3 Beds, 3 Full Bath(s) in Lakes Of Falcon Ridge Sec 2.
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