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$1,157,220

3111 W Parkwood Avenue, Friendswood, TX, 77546

Off MarketInfo
Baths0 Bath
Baths5,184 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size13.89 acres

Building Information

Year Built1980
Stories2
Roof Type112
Garage Spaces5

Land Information

APN0624-0007-0000-000
Subdivision- I & Gn Rr Sur 23
Land UseCommercial
Legal DescriptionABST 624 I & G N RR SUR SEC 23 TRACT 7, 13.8944 ACRES
Census Tract720605
Assessed Land Value$1,125,420
Assessed Improvement Value$31,800
Assessment Year2025

About this property

Welcome to this one of kind 15.52 acre property with Building, in Friendswood. This property is Zoned Commercial Business Park. There is approx 295 feet of prime frontage road. Building is 2592 sqft and included with sale. The Communication Tower on site is not included. Certain easement agreements apply to property. This property is priced to sell. Call agent for more information.

Investor Tools

Property Icon
$1,157,220
Estimated Property Value
$0Estimated Mortgage Balance
$1,157,220Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,000 /month
Positive
Cash Flow Estimate:
$3,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,209/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,725
$1,157,220
2025
$1,125,420
$31,800
$1,157,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,725
$1,157,220

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,157,220
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.

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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