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$371,366

4603 Five Knolls Dr, Friendswood, TX, 77546

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,088 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.58 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size7,392 sqft

Building Information

Year Built1988
Garage Spaces2

Land Information

APN1164250100001
Lot Number1
SubdivisionHeritage Park
Land UseResidential
Legal DescriptionLT 1 BLK 10 HERITAGE PARK SEC 12 AMENDED
Census Tract350603
Assessed Land Value$60,889
Assessed Improvement Value$310,477
Assessment Year2025

About this property

Welcome home to this adorable 4/2/2 1 story located on a corner lot, in the highly sought neighborhood of Heritage Park/Friendswood! NEVER FLOODED! CCISD! Newly renovated from top to bottom, starting with a brand new roof Feb 2025! Covered front patio. Spacious living room with high ceilings, a warm inviting brick fireplace and a wall of windows overlooking the back yard! Dining room or area could serve as a study with high-end Arhaus light fixture and window overlooking the front yard. The kitchen big enough for an eat-in breakfast area, complete with new soft-close cabinetry, new SS appliances and Quartz countertops! Open and split floor plan with primary on one side and 3 bedrooms on the other side of the home. Indoor laundry room with plenty of space for a deep freezer or you can add folding table off the garage. All brick exterior. Close to fantastic amenities- Baybrook Mall, HEB, tons of top rated restaurants, and quick access to I-45 for easy commuting. Super low tax rate!

Investor Tools

Property Icon
$371,366
Estimated Property Value
$334,400Estimated Mortgage Balance
$44,364Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,228 /month
Positive
Cash Flow Estimate:
$743 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$234/month
$403/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$948
$371,366
2025
$60,889
$310,477
$371,366
No

Tax History

Year
Tax Paid
Assessed Value
2024
$948
$371,366

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$334,400
No
First
Feb 28, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$327,002
$44,364
11%
88%
$2,005/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
$2,408/mo
+$372/mo
9.0%

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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4603 Five Knolls Dr | Property Details | No Agent List