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$265,646

NAL Estimated Property Value

206 Rachael Ln, Friendswood, TX, 77546

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,837 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$73.49 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,647 sqft

Building Information

Year Built1970
Stories1
Roof Type105

Land Information

APN1185-0002-0003-000
Lot Number3
SubdivisionAnna Alea Sec 1
Land UseResidential
Legal DescriptionABST 20 PERRY & AUSTIN SUR LOT 3 BLK 2 ANNALEA SEC 1 REPLAT ***DEFERRAL***
Census Tract720100
Assessed Land Value$21,260
Assessed Improvement Value$246,410
Assessment Year2025

About this property

Unicorn Alert! Here's a special project in Friendswood ISD in a lower traffic area of Annalea Sec 1 with no HOA. There's potential plus! Property is being sold AS IS and it's safe to assume it needs EVERYTHING. The good news is you can see what you have to work with and rebuilding is easier because it's all open and ready. Recent roof with WPI8 means you can get insurance. Depending on your finishes and workmanship, this home is likely to sell over $300K when you're done. Seller has asked me not to present any offers lower than $100K because that will not satisfy the obligations. Assume there will be multiple offers and submit your highest and best now because there may not be a second round. Natural gas is supposed to be coming soon so that adds more value to your project. Please do not bring children into the home for showings. MULTIPLE OFFERS. Please submit your highest & best by 8PM Sunday, June 21st. Ideal closing date is July 9th.

Investor Tools

Property Icon
$265,646
Estimated Property Value
$0Estimated Mortgage Balance
$265,646Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,594 /month
Positive
Cash Flow Estimate:
$531 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$147/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$433
$265,646
2025
$21,260
$246,410
$267,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$433
$265,646

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$265,646
100%
0%
$0/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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206 Rachael Ln | Property Details | No Agent List