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Owner Contacts

$160,000

NAL Estimated Property Value

2 Hideaway Dr, Friendswood, TX, 77546

Off Market

1 Beds

1 Bath

715 Sq Ft

$244.62 / sqft

Built in 1990

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Electric Cooktop, Dryer, Washer/Dryer Stacked, Washer, Dishwasher, Refrigerator

FlooringVinyl

Exterior

Private Pool

Exterior FeaturesBack Green Space

Lot Size714 sqft

Building Information

Year Built1990

Stories1

Roof Type105

Garage Spaces1

Land Information

APN3945-0001-0002-000

SubdivisionHidden Cove Condo

Land UseResidential

Legal DescriptionABST 151 SARAH MCKISSICK SUR UNIT 2 CLUSTER 1 HIDDEN COVE CONDOMINIUMS .6834 OWNER INTEREST

Census Tract720301

Assessed Land Value$7,110

Assessed Improvement Value$132,140

Assessment Year2025

About this property

***FULLY FURNISHED CONDOMINIUM IN FRIENDSWOOD*** Hidden Cove Condominiums. Fantastic Location w/Quick Access to FM 518, FM 528, and I-45. Comes Fully Furnished. Award Winning Friendswood ISD. Spacious Living Area Centered Around a Beautiful Stone Wood Burning Fireplace. Decorative Exposed Living Room Beam. Mounted Flatscreen TV. Premium Recessed Lighting. Wood-Like Luxury Vinyl Plank Flooring Throughout. Gorgeous Granite Stainless Kitchen. Abundant Cabinetry & Counter Space. Built-In Microwave & Undermount Sink. Side By Side Refrigerator Included. Breakfast Bar at Kitchen. Dining/Breakfast Area. Large Bedroom w/Double Closets. Stackable High Efficiency Washer & Dryer Included. Granite Bathroom Counter. Medicine Cabinet Plus Additional Storage. Window Treatments Throughout. Double French Doors Lead to Outdoor Patio. Huge Community Pool & Tennis Courts. Beautiful Community Grounds w/Mature Trees. Low Taxes. Mailbox Within Steps of Home. ***THIS IS THE ONE YOU'VE BEEN WAITING FOR***

Investor Tools

$160,000

Estimated Property Value

$156,457Estimated Mortgage Balance

$3,543Estimated Equity

12% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,049 /month

Positive

Cash Flow Estimate:

$350 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$135/month

$212/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$824

$130,948

2025

$7,110

$132,140

$139,250

Tax History

Year

Tax Paid

Assessed Value

2024

$824

$130,948

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Kimbely Kibbe

Purchase Money Mortgage

$165,000

First

Jul 28, 2023

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$156,457

$21,543

12%

98%

$990/mo

Learn About the Market: Opportunity in Texas

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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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