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$375,000

NAL Estimated Property Value

216 Palm Aire Dr, Friendswood, TX, 77546

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,572 Sq Ft
price_per_sqft$95.26 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size8,999 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6830-0005-0021-000
Lot Number21
SubdivisionSunmeadow 1
Land UseResidential
Legal DescriptionABST 184 PAGE 2 LOT 21 BLK 5 SUNMEADOW
Census Tract720302
Assessed Land Value$42,750
Assessed Improvement Value$282,430
Assessment Year2025

About this property

Don't wait to find your dream home; it's here! This remarkable home is tucked away in the Sunmeadow development on a road which curls into a cul de sac. Inviting you into its open vaulted living room, you won't want to leave! With FIVE bedrooms and two and a half bathrooms, this place is quite a find! Friendswood ISD. Being sold as-is, no seller repairs. Don't risk losing this opportunity, view it today!

Investor Tools

Property Icon
$375,000
Estimated Property Value
$747,488Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$310/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,846
$299,475
2025
$42,750
$282,430
$325,180
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,846
$299,475

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Fha
$372,135
Yes
First
Mar 18, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$747,488
N/A
0%
199%
$4,578/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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216 Palm Aire Dr | Property Details | No Agent List