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$286,834

NAL Estimated Property Value

2118 Heritage Colony Dr, Friendswood, TX, 77546

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,633 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.56 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerMove-In Ready

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 Cooktop, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size7,035 sqft

Building Information

Year Built1979
Stories1
Garage Spaces2

Land Information

APN1135180000036
Lot Number36
SubdivisionHeritage Park
Land UseResidential
Legal DescriptionLT 36 BLK 5 HERITAGE PARK SEC 6
Census Tract350601
Assessed Land Value$62,222
Assessed Improvement Value$224,612
Assessment Year2025

About this property

This Heritage Park 3 bedroom, 2 bath, carpet-free home with oversized garage is move-in ready! Major updates to the "bones" of this home are done including the brick-tuck (2025), roof & radiant barrier (2024), HVAC (2021), exterior facade cement board (2021), electrical box and low-e windows. The kitchen has a HUGE granite oversized island, solid wood cabinets, recently replaced appliances, and undermount cabinet lighting too! The kitchen is open to the family room with vaulted ceiling and corner fireplace. The primary bedroom also has a vaulted ceilings and ensuite bath. The oversized garage has insulated doors and new (2025) garage door opener. Covered back patio provides some shaded space for outdoor entertaining and a storage shed too. Location is great for commuters! Zoned for CCISD! Close to nearby shopping, dining and entertainment hubs too! Low Tax and Low HOA make this a great choice! *See pictures for more details*

Investor Tools

Property Icon
$286,834
Estimated Property Value
$241,946Estimated Mortgage Balance
$44,888Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,721 /month
Positive
Cash Flow Estimate:
$574 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$251/month
$175/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,577
$286,834
2025
$62,222
$224,612
$286,834
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,577
$286,834

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$244,800
No
First
Sep 5, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,946
$44,888
15%
84%
$1,468/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,643/mo
+$507/mo
9.0%

City: Friendswood

2118 Heritage Colony Dr | Property Details | No Agent List