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Edward Vivanco

Realtor Near Me, LLC

518 W Lake Dr

Friendswood, TX 77546 | MLS # 72355536 | MAP

Welcome to this stunning 5/3.5 home, nestled on a prime parcel in Lakes of Falcon Ridge. With 3,818 SF, 3-car garage & expansive 11,700 SF lot, this gem offers a prime location on the lake along the serene greenbelt/walking trail next door. Step inside to discover formals & an expansive family room with gas log fireplace. While the downstairs primary suite provides a peaceful retreat. Upstairs, boasts a spacious game room for fun & relaxation. Outdoors, indulge in your private oasis with a refreshing pool & spa, complemented by a covered patio area for al fresco dining. Kitchen upgrades include new countertops, gas cooktop, microwave & double ovens. Recent 2021 & 2023 renovations include A/C units, revamped baths, resurfaced pool & decking. Zoned to sought-after Friendswood schools, this home offers a stellar blend of luxury & comfort. Don't miss the chance to make this meticulously maintained lakeside retreat your own & embrace a lifestyle of tranquility & luxury.

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General Description

MLS#:
72355536 (HAR)
Sold Price Range:
$552,001 - $627,000
Listing Status:
Sold
Address:
518 W Lake Dr
City:
Friendswood
State:
TX
Zip Code:
77546
County:
Galveston County
Legal Description:
Lt 5, Blk 7 Lakes of Falcon Ridge Sec 1
Property Type:
Single-Family
Bedrooms:
5 Bedroom(s)
Baths:
3 Full & 1 Half Bath(s)
Garage(s):
3 / Attached
Stories:
2
Style:
Traditional
Year Built:
2003 / Appraisal District
Building Sqft.:
3,818 /Appraisal District
Lot Size:
11,700 Sqft. /Appraisal District
Maintenance Fee:
$ 632 / Annually
Key Map©:
657N
Market Area:
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Room Dimension

Living:
10 X 15, 1st
Family Room:
16 X 22, 1st
Dining:
12 X 13, 1st
Kitchen:
13 X 16, 1st
Breakfast:
12 X 13, 1st
Primary Bedroom:
16 X 18, 1st
Bedroom:
12 X 16, 2nd
Bedroom:
13 X 13, 2nd
Bedroom:
13 X 13, 2nd
Bedroom:
13 X 15, 2nd
Game Room:
15 X 20, 2nd

Interior Features

Fireplace:
1/Gaslog Fireplace
Floors:
Carpet, Tile, Wood
Countertop:
Granite
Bathroom Description:
Primary Bath: Double Sinks, Primary Bath: Separate Shower, Secondary Bath(s): Tub/Shower Combo, Secondary Bath(s): Shower Only
Bedroom Description:
Primary Bed - 1st Floor, Walk-In Closet
Kitchen Description:
Breakfast Bar, Island w/o Cooktop, Kitchen open to Family Room, Pantry
Room Description:
Breakfast Room, Family Room, Formal Dining, Formal Living, Gameroom Up, Utility Room in House
Cooling:
Central Electric, Zoned
Heating:
Central Gas, Zoned
Connections:
Electric Dryer Connections, Gas Dryer Connections, Washer Connections
Microwave:
Yes
Oven:
Double Oven
Range:
Gas Cooktop
Ice Maker:
No
Compactor:
No
Disposal:
Yes
Dishwasher:
Yes
Energy Feature:
Ceiling Fans, High-Efficiency HVAC, HVAC>13 SEER, Digital Program Thermostat, Attic Vents
Interior:
Alarm System - Leased, Window Coverings, Formal Entry/Foyer, High Ceiling, Refrigerator Included, Fire/Smoke Alarm

Exterior Features

Roof:
Composition
Foundation:
Slab
Private Pool:
Yes
Private Pool Desc:
Gunite, In Ground
Exterior Type:
Brick, Cement Board
Lot Description:
Greenbelt, Subdivision Lot, Waterfront
Water Amenity:
Lakefront
Garage Carport:
Auto Garage Door Opener
Water Sewer:
Public Sewer, Public Water
Area Pool:
No
Exterior:
Back Yard, Back Green Space, Back Yard Fenced, Covered Patio/Deck, Spa/Hot Tub, Patio/Deck

Assigned School Information

District: Friendswood ISD
Elementary School: C W Cline Elementary School
Excellent |
Middle School: Friendswood Junior High School
Excellent |
High School: Friendswood High School
Excellent |
Listing Broker: Compass RE Texas, LLC - Houston
Email Listing Broker

Selling Broker: UTR TEXAS, REALTORS
Last updated as of: 06/26/2024
Property Tax

Market Value Per Appraisal District

Cost/Sqft based on Market Value

Tax Year Cost/sqft Market Value Change Tax Assessment Change
2023 $147.08 $561,550 13.21% $545,622 10.00%
2022 $129.92 $496,020 5.21% $496,020 5.21%
2021 $123.48 $471,440 5.00% $471,440 5.00%
2020 $117.60 $448,990 4.90% $448,990 4.90%
2019 $112.10 $428,000 0.00% $428,000 0.00%
2018 $112.10 $428,000 0.00% $428,000 0.00%
2017 $112.10 $428,000 9.69% $428,000 14.24%
2016 $102.20 $390,200 0.00% $374,664 10.00%
2015 $102.20 $390,200 26.02% $340,604 10.00%
2014 $81.10 $309,640 3.95% $309,640 3.95%
2013 $78.02 $297,880 0.00% $297,880 0.00%
2012 $78.02 $297,880 $297,880

2023 Galveston County Appraisal District Tax Value

Market Land Value: $61,740
Market Improvement Value: $499,810
Total Market Value: $561,550

2023 Tax Rates

GALVESTON COUNTY: 0.3342 %
FRIENDSWOOD CITY: 0.5007 %
FRIENDSWOOD ISD: 1.0800 %
COUNTY ROAD/FLOOD: 0.0078 %
GALV CNTY CONSOLIDATED DRAINAG: 0.1186 %
Total Tax Rate: 2.0413 %


 
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