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$309,900

209 Palm Aire Drive, Friendswood, TX, 77546

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,736 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.51 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Dryer, Washer
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size11,069 sqft

Building Information

Year Built1979
Stories1
Roof Type127
Garage Spaces2

Land Information

APN6830-0005-0040-000
Lot Number40
SubdivisionSunmeadow 1
Land UseResidential
Legal DescriptionABST 184 M SLOAN SUR LOT 40 BLK 5 SUNMEADOW
Census Tract720302
Assessed Land Value$49,590
Assessed Improvement Value$227,860
Assessment Year2025

About this property

Updated 1.5-story home nestled amongst mature trees on a spacious 0.25-acre lot with no back neighbors! Step inside to a warm and inviting living room featuring a cozy fireplace, perfect for relaxing evenings at home. The home offers a beautiful neutral color palette throughout, creating a bright, timeless feel ready for any décor style. The chef’s eat-in kitchen is sure to impress with an apron-front sink, stainless steel appliances, lengthy countertops, subway tile backsplash, and abundant prep space. The private first-floor primary suite offers a peaceful retreat with an en-suite bath, while upstairs you’ll find two secondary bedrooms and a full bath. Enjoy entertaining year-round in the large backyard with a covered patio and room to play, garden, or unwind. Tons of updates including double-pane windows, new carpet, new hot water heater and a whole-home water filtration system to name a few. Conveniently located near shopping and restaurants all while zoned to Friendswood ISD!

Investor Tools

$176,460Estimated Mortgage Balance
$142,540Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,914 /month
Positive
Cash Flow Estimate:
$638 /month

Interested in this property?

Jamie Terry

Priority One Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$280/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,763
$277,450
2025
$49,590
$227,860
$277,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,763
$277,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Conventional
$203,700
No
First
Sep 5, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$176,460
$142,540
44%
55%
$1,222/mo

City: Friendswood