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$340,000

NAL Estimated Property Value

2318 Francis Dr, Pearland, TX, 77581

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,968 Sq Ft
price_per_sqft$132.06 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Microwave, Gas Range, Gas Oven

Exterior

Lot Size9,749 sqft

Building Information

Year Built1988
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6600-0026-130
Lot Number8
SubdivisionMimosa Acres
Land UseResidential
Legal DescriptionMIMOSA ACRES (PEARLAND) BLK 4 LOT 8
Census Tract660503
Assessed Land Value$19,500
Assessed Improvement Value$283,600
Assessment Year2025

About this property

Recently remodel in the heart of Pearland with convenient access to shopping, dinning and entertainment. This house has it all...formal dinning, formal living, newly remodeled kitchen with state of the art appliance, recently repainted inside and out, remodeled bathrooms, new double pane windows, fresh landscaping and much more. Call your agent today for a private tour.

Investor Tools

Property Icon
$340,000
Estimated Property Value
$201,139Estimated Mortgage Balance
$138,861Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$506/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,370
$290,142
2025
$19,500
$283,600
$303,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,370
$290,142

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Federal Bank Of Kansas City
Fha
$227,797
Yes
First
May 14, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,139
$116,861
36%
59%
$1,366/mo

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.

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: Pearland

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2318 Francis Dr | Property Details | No Agent List