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$308,235

NAL Estimated Property Value

2247 Pilgrims Point Dr, Friendswood, TX, 77546

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,720 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.28 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh EquityMove-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 Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size7,680 sqft

Building Information

Year Built1985
Stories1
Garage Spaces2

Land Information

APN1135140000006
Lot Number6
SubdivisionHeritage Park
Land UseResidential
Legal DescriptionLT 6 BLK 1 HERITAGE PARK SEC 6
Census Tract350601
Assessed Land Value$62,802
Assessed Improvement Value$245,433
Assessment Year2025

About this property

This completely remodeled home is a true gem! Step inside to discover a beautifully updated space featuring luxury vinyl plank and tile flooring throughout, double pane low-E windows, and an energy-efficient radiant barrier with added attic insulation. Fresh paint, modern fixtures, and brand-new cabinetry bring a fresh, contemporary feel to every corner of the home. A newly installed 25-year architectural shingle roof ensures lasting durability and peace of mind. The fully remodeled kitchen is a centerpiece of this home, boasting a stunning oversized island, brand-new cabinets, and durable Silestone quartz countertops—perfect for both everyday living and entertaining. The interior offers 3 generously sized bedrooms, including a primary ensuite with a double vanity and an oversized tiled shower, making this home as functional as it is stylish. Located on a tranquil cul-de-sac in the sought-after Heritage Park neighborhood of Friendswood, this home provides convenience to top amenities.

Investor Tools

Property Icon
$308,235
Estimated Property Value
$139,299Estimated Mortgage Balance
$168,936Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,974 /month
Positive
Cash Flow Estimate:
$658 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$262/month
$180/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,607
$308,235
2025
$62,802
$245,433
$308,235
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,607
$308,235

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Fha
$142,450
Yes
First
Feb 5, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$139,299
$168,936
54%
45%
$855/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,035/mo
+$1,115/mo
8.4%

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.

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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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2247 Pilgrims Point Dr | Property Details | No Agent List