See Home Value
$2,200,000 Last Listed Price
● House - Off Market

1508 Falling Leaf Drive

Friendswood, TX 77546
bedrooms
5 Beds
bathrooms
4 Baths, 3 Half Baths
square feet
5,666 Ft²
$12,790
Est. Monthly
0.72%
Cap Rate

About This Property

This truly one-of-a-kind property offers impressive town & country lifestyle while boasting an ideal location close to the city, so you can enjoy the best of both worlds. Canopied under beautiful oak trees in a peaceful setting, this welcoming home will certainly be the centerpiece for all family and friend gatherings. The custom-built two-story home provides an easy flow and thoughtful design-featuring 5 bedrooms/formal dining/study/4.3 baths/two open living areas/3 fireplaces/game room/craft room, abundance of storage, light filled windows & much more. The gourmet kitchen is a chef's delight. Enjoy Texas-sized entertaining, golden sunsets with unparalleled views on this 2.49 acre lot with the wrap-around back porch, sparking pool with waterfall, outdoor kitchen, barn and raised garden. Close proximity to top rated FHS, no HOA, low tax rate, whole house generator and horses are welcome. This picturesque beauty offers sophisticated southern living and charm, so schedule a tour today!
Unit Size
5,666 Ft²
Days on Market
-
Land Size
2.49 acres
Price per sqft
$388
Property Type
House
Property Taxes
$1,987
HOA Dues
-
Year Built
2011

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Cap Rate Calculator

Last updated: 4 months ago (HAR #57994672)

Price History

Date / Event Date Event Price
Aug 5, 2025 Sold
Sold
Jun 27, 2025 In contract -
In contract
Jun 18, 2025 Listed by Martha Turner Sotheby's International Realty - Bay Area $2,200,000
Listed by Martha Turner Sotheby's International Realty - Bay Area

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 782
  • Parking Space Count: 3
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 108,464
  • Total Building Area: 7,298
  • Gross Building Area: 7,298
  • Building Area: 6,516
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 6,516
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MUSTANG MEADOW
  • Land Acres: 0000002490
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: ABST 83 PAGE 2 LOT 15 BLK 1 MUSTANG MEADOWS

Neighborhood

  • School District Name: Friendswood Independent School District
  • School Tax School District: S12
  • Census Tract: 720302

Zoning

  • Zoning: SFR

Geography

  • Assessors Map Reference: 139-A
  • Subdivision Tract Number: 15
  • Parcel: 5245-0001-0015-000
  • Block: 1
  • Lot: 15
  • Municipality: FRIENDSWOOD CITY
  • Latitude: 29.509
  • Longitude: -95.2204

    Address

  • Full Address: 1508 Falling Leaf Dr
  • Address - House Number: 1508
  • Address - Street Name: Falling Leaf
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Friendswood
  • Carrier Code: C021
  • 4-Digit Zip Code: 4620
  • Zip Code: 77546

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,584,347
  • Tax Rate Code Area: S12

    Appraisal Valuation

  • Standard Deviation: 0.1914
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 74
  • Final Value: 1,161,095
  • High Value: 1,383,433
  • Low Value: 938,757

    Market Valuation

  • Market Total Value: $1,368,037
  • Market Land Value: $271,160
  • Market Improvement Value: $1,096,877

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,368,037
  • Assessed Land Value: $271,160
  • Assessed Improvements Value: $1,096,877

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 20, 2008
  • Current Sale Recording Date: Mar 26, 2008
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2008016252
  • Previous Sale Recording Date: Aug 18, 2005
  • Previous Sale Contract Date: Aug 08, 2005
  • Previous Sale Amount: $211,600
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Mustang Meadow


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Currently no similar homes around

Nearby Rentals

Unit for rent at 502 Misty Lane, Friendswood, TX, 77546

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 2,748 ft²
502 Misty Lane, Friendswood, TX, 77546 Listing by Mary Wise
Unit for rent at 1410 Osborne Drive, Friendswood, TX, 77546

$3,400 /mo

  • 4 Beds
  • 4 Baths
  • 3,533 ft²
1410 Osborne Drive, Friendswood, TX, 77546 Listing by Amy McCormick


Frequently Asked Questions

When was property at 1508 Falling Leaf Drive built and last sold?
The property at 1508 Falling Leaf Drive was built in 2011 and last sold on Mar 20, 2008 for $355,000.
How much is this home worth?
The estimated value of the home located at 1508 Falling Leaf Drive is $0.
What are some comparable homes to 1508 Falling Leaf Drive?
There are currently no comparable homes to 1508 Falling Leaf Drive.