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$321,000

NAL Estimated Property Value

111 Tower Dr, Friendswood, TX, 77546

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,366 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.83 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher, Cooktop
FlooringVinyl

Exterior

Lot Size19,550 sqft

Building Information

Year Built1968
Stories1
Roof Type105
Garage Spaces2

Land Information

APN7185-0000-0025-000
Lot Number25
SubdivisionTower Estates
Land UseResidential
Legal DescriptionABST 624 PAGE 1 LOT 25 TOWER ESTATES
Census Tract720302
Assessed Land Value$55,710
Assessed Improvement Value$267,800
Assessment Year2025

About this property

Charming Renovated Home on ½ Acre in Friendswood! Welcome to this beautifully renovated 3-bedroom, 2-bath home nestled on a spacious ½-acre lot in the heart of Friendswood—one of the most sought-after communities in the area! Located within the highly acclaimed Friendswood ISD, this home offers the perfect blend of comfort, style, and top-rated schools. Inside, you'll find a fresh modern design with thoughtful updates throughout. The open-concept layout is ideal for family living, and the renovated kitchen and bathrooms give the home a sleek, updated feel. Step outside to your vaulted-ceiling back patio—the ultimate space for entertaining or relaxing. It’s fully equipped for backyard BBQs and summer nights under the stars. Conveniently close to shopping, dining, and everyday essentials, this home is perfect for families looking to get into an amazing neighborhood on a budget. Priced to sell—this gem won’t last long! Schedule your showing today!

Investor Tools

Property Icon
$321,000
Estimated Property Value
$287,755Estimated Mortgage Balance
$33,245Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,926 /month
Positive
Cash Flow Estimate:
$642 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$243/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,313
$212,960
2025
$55,710
$267,800
$323,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,313
$212,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$291,150
No
First
Sep 30, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,755
$33,245
10%
90%
$1,746/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Friendswood

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111 Tower Dr | Property Details | No Agent List