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$286,000

NAL Estimated Property Value

2311 Colonial Ridge Dr, Friendswood, TX, 77546

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,866 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.73 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Lot Size6,299 sqft

Building Information

Year Built1979
Stories1
Garage Spaces2

Land Information

APN1135200000018
Lot Number18
SubdivisionHeritage Park
Land UseResidential
Legal DescriptionLT 18 BLK 7 HERITAGE PARK SEC 6
Census Tract350601
Assessed Land Value$61,803
Assessed Improvement Value$218,197
Assessment Year2025

About this property

This 3 bedroom, 2 bathroom home has wood-look tile throughout and has been recently updated. The open floor plan is perfect for family gatherings and entertaining. You'll love the stainless steel appliances in the kitchen. The backyard is perfect for pets and relaxing. The bonus room can be used as a TV room, game room, study, family room - the possibilities are endless!

Investor Tools

Property Icon
$286,000
Estimated Property Value
$259,359Estimated Mortgage Balance
$26,641Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,716 /month
Positive
Cash Flow Estimate:
$572 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$254/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,612
$280,000
2025
$61,803
$218,197
$280,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,612
$280,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Fha
$279,837
Yes
First
Jun 30, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,359
$29,641
10%
91%
$1,678/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$2,028/mo
+$122/mo
9.0%

City: Friendswood

2311 Colonial Ridge Dr | Property Details | No Agent List