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$748,000

2402 Butler Dr, Friendswood, TX, 77546

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,936 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.33 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Electric Cooktop, Electric Range, Dishwasher, Refrigerator, Water Purifier
FlooringBamboo, Carpet, Tile

Exterior

Lot Size19,998 sqft

Building Information

Year Built1980
Stories1
Roof Type112
Garage Spaces2

Land Information

APN5926-0000-0138-000
Lot Number138
SubdivisionPolly Ranch Estates Replat
Land UseResidential
Legal DescriptionABST 9 LOT 138 POLLY RANCH ESTATES REPLAT
Census Tract720200
Assessed Land Value$110,000
Assessed Improvement Value$585,810
Assessment Year2025

About this property

Aviation lifestyle at its best! Masterfully, updated airstrip home located in Polly Ranch Estates. High ceilings, beautiful tile floors and staircase showcase the front entry. Entertaining spaces flow seamlessly through a sun-lit living room adorned with custom built-ins & wood burning fireplace. The dining room offers extensive cabinetry with glass inlayed doors and views to outdoors. A completely redesigned kitchen features an expansive island with butcher block counter, farmhouse sink, intricate backsplash, double ovens and wine room. Located downstairs, the master suite boasts a large walk-in closet, garden tub and oversized shower. A second bedroom downstairs, away from the master, offers privacy for guests or office use. Upstairs you'll find a flex-use loft area, 2 bedrooms and a full bathroom. Step outside and you'll enjoy a beautiful patio leading your way to the 70ft x 30ft hangar. Equipped with bifold doors and designed with room to house an RV & finish out a second floor.

Investor Tools

Property Icon
$748,000
Estimated Property Value
$0Estimated Mortgage Balance
$748,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,488 /month
Positive
Cash Flow Estimate:
$1,496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$860/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,581
$695,810
2025
$110,000
$585,810
$695,810
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,581
$695,810

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$732,000
100%
0%
$0/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.

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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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