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$274,900

2431 Tall Ships Drive, Friendswood, TX, 77546

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,526 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.14 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher
FlooringCarpet

Exterior

Lot Size6,403 sqft

Building Information

Year Built1983
Stories1
Garage Spaces1

Land Information

APN1146420190013
Lot Number13
SubdivisionHeritage Park
Land UseResidential
Legal DescriptionLT 13 BLK 19 HERITAGE PARK SEC 7
Census Tract350601
Assessed Land Value$59,950
Assessed Improvement Value$176,849
Assessment Year2025

About this property

Welcome to this inviting three-bedroom, two-bathroom home nestled in the Heritage Park Sec neighborhood. This home boasts an open floor plan that creates a seamless and welcoming flow throughout the main living spaces. The heart of the home is the living room, which features a cozy fireplace that serves as a perfect focal point for gathering. Overlooking the living area, the kitchen is efficiently designed with durable laminate countertops and a sleek mix of black and stainless steel appliances. Step outside to enjoy a private, fully fenced-in backyard, offering a great space for outdoor relaxation or entertaining. The location is exceptional, conveniently situated near I-45, Baybrook Mall, and an abundance of shopping, dining, and entertainment options. Schedule your private showing today!

Investor Tools

Property Icon
$269,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,649 /month
Positive
Cash Flow Estimate:
$550 /month

Interested in this property?

Robert Salmons

Entera Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$235/month
$175/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,471
$236,799
2025
$59,950
$176,849
$236,799
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,471
$236,799

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Goldman Sachs Mortgage Company
Commercial
$370,983,000
No
First
Aug 18, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$344,457,528
N/A
0%
128051%
$2,224,231/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$2,224,406/mo
$-2,222,256/mo
9.6%

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: Friendswood

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2431 Tall Ships Drive | Property Details | No Agent List