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Owner Contacts

$1,112,000

NAL Estimated Property Value

401 David Street, Friendswood, TX, 77546

Off Market

4 Beds

5 Bath

4,340 Sq Ft

$207.35 / sqft

Built in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher, Water Purifier, Cooktop

FlooringMarble, Tile, Wood

Exterior

Private Pool

Lot Size1.19 acres

Building Information

Year Built1993

Stories1

Roof Type105

Garage Spaces5

Land Information

APN2034-0000-0002-000

Lot Number2

SubdivisionBrooke Meadows (91)

Land UseResidential

Legal DescriptionABST 151 S MCKISSICK SUR LOT 2 BROOKE MEADOW

Census Tract720301

Assessed Land Value$113,110

Assessed Improvement Value$812,280

Assessment Year2025

About this property

Amazing 1 Story Custom Home in the Heart of Friendswood! 3 bedrooms in the house with an office that could be a 4th bedroom. Gorgeous Interior features a Large Family Room, Formal Dining, Formal Living, Study, Master Suite + each additional Bedroom includes their own Private Baths. Master Bath is Enormous & feels like a Luxurious Spa that includes 2 Huge Walk-in Closets, Jetted Soaking Tub, Separate Shower, Split Vanity Areas with Double Sinks. Spacious 1.19 Acre Lot is an Entertaining Spot with a POOL, Fire Pit, Covered Patios, plus plenty of Lounging Areas to Host all your Friends. Don't forget the GUEST HOUSE, HOUSE KEEPER or POOL HOUSE! Pool House features 1 Bedroom, Living Area, Full Kitchen & Full Bath. Garage Space for 5 Cars - 2 Attached + a 3 Detached Garage that includes 220 & 110 outlets, full RV hook-up, AC & attic space. Privacy Fence enclosing entire Back Yard & Automatic Custom Driveway Gate installed 2017. Great Friendswood Schools.

Investor Tools

$1,112,000

Estimated Property Value

$0Estimated Mortgage Balance

$1,112,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$6,672 /month

Positive

Cash Flow Estimate:

$2,224 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,145/month

$400/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,176

$925,390

2025

$113,110

$812,280

$925,390

Tax History

Year

Tax Paid

Assessed Value

2024

$8,176

$925,390

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$1,112,000

100%

$0/mo

Learn About the Market: Opportunity in Texas

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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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