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$323,000

NAL Estimated Property Value

109 Palm Aire Dr, Friendswood, TX, 77546

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,962 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.72 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Double Oven, Electric Oven
FlooringCarpet, Tile

Exterior

Lot Size9,374 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6830-0007-0033-000
Lot Number33
SubdivisionSunmeadow 1
Land UseResidential
Legal DescriptionABST 184 M SLOAN SUR LOT 33 BLK 7 SUNMEADOW
Census Tract720302
Assessed Land Value$40,762
Assessed Improvement Value$242,533
Assessment Year2025

About this property

Charming single story 4 bedroom home in the established Sunmeadow community in Friendswood ISD! Step into the home and to the left, you'll find a formal living room with plush new carpet, a front-facing window with 2-inch blinds, and a seamless transition to the spacious family room with a beamed ceiling, lighted ceiling fan, a charming wood-burning fireplace with brick hearth, and conveniently located breakfast bar seating opening into the kitchen. The kitchen boasts walnut stained cabinetry, neutral ceramic tile floors, direct access to the dining room, and a sunlit eat-in breakfast room with pendant lighting and chair rail molding. French doors from the family room lead into a bright and cheery air-conditioned sunroom that's a perfect spot for relaxing with a cup of coffee in the morning or entertaining family and friends. An indoor utility room and half bathroom are added conveniences. Mature trees provide abundant shade in the lush backyard of this nearly a quarter acre lot.

Investor Tools

Property Icon
$323,000
Estimated Property Value
$214,014Estimated Mortgage Balance
$108,986Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,938 /month
Positive
Cash Flow Estimate:
$646 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$306/month
$108/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,060
$283,295
2025
$40,762
$242,533
$283,295
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,060
$283,295

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Fha
$230,743
Yes
First
Jun 22, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$214,014
$99,986
31%
66%
$1,450/mo

City: Friendswood

109 Palm Aire Dr | Property Details | No Agent List