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$385,000

205 Morningside Dr, Friendswood, TX, 77546

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,868 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.1 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size10,080 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces3

Land Information

APN3850-0000-0007-000
Lot Number7
SubdivisionHarper (Unrec)
Land UseResidential
Legal DescriptionABST 151 S MCKISSICK SUR LOT 7 HARPER UNRECORDED SUB
Census Tract720200
Assessed Land Value$110,880
Assessed Improvement Value$225,670
Assessment Year2025

About this property

Charming 4-bedroom, 2.5-bath home situated on a spacious, tree-lined corner lot in the heart of downtown Friendswood. Set in a highly desirable area known for its mature trees and welcoming neighborhood feel, this property offers an ideal environment for families seeking comfort and convenience. Inside, vinyl flooring flows throughout the main living spaces, and a versatile bonus room opens directly to the covered patio, creating a perfect spot for morning coffee, casual gatherings, or simply enjoying the peaceful surroundings. Parking and storage are abundant with a 2-car garage plus a 4-car carport, providing room for vehicles, recreational toys, or additional storage needs. Zoned to Friendswood ISD, this home is within walking distance to local coffee shops, restaurants, shopping, and entertainment. With quick access to I-45, you’re only minutes from Downtown Houston, the Medical Center, and Galveston—making this an exceptional location for both daily living and commuting.

Investor Tools

$16,598Estimated Mortgage Balance
$379,478Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,376 /month
Positive
Cash Flow Estimate:
$792 /month

Interested in this property?

Kendall Parada

Vive Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$446/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,370
$336,550
2025
$110,880
$225,670
$336,550
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,370
$336,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Groundfloor Real Estate Llc
Building Or Construction Loan
$16,895
No
First
May 14, 2025
May 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$16,598
$379,402
95%
4%
$102/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.

Explore Texas Explore This Area
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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205 Morningside Dr | Property Details | No Agent List