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$320,000

NAL Estimated Property Value

5114 Centennial Ln, Friendswood, TX, 77546

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,828 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.79 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Laminate, Tile, Vinyl, Wood

Exterior

Private PoolPrivate Pool
Lot Size13,887 sqft

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN1097990000005
Lot Number5
SubdivisionWedgewood Village
Land UseResidential
Legal DescriptionLT 5 BLK 4 WEDGEWOOD VILLAGE
Census Tract350700
Assessed Land Value$68,389
Assessed Improvement Value$214,472
Assessment Year2025

About this property

This timeless single-story home, built with craftsmanship & care, is nestled on an oversized lot that offers a serene escape. Thoughtfully maintained by a single owner since 1980, it seamlessly blends classic charm with practical updates. Inside, wood flooring adds warmth, complemented by pocket lighting, updated windows and Anderson custom sliders. The kitchen has granite counters, wood cabinets & stainless appliances. The floorplan features 3 well-appointed bedrooms, plus a versatile space that can serve as a fourth bedroom or a dedicated home office with a view of the backyard. The outdoor space is truly remarkable—a private oasis with vibrant perennial flowers, mature landscaping & a pool. A massive covered patio invites relaxation & entertaining, making it wonderful for family, friends & relaxing. This property is rare gem situated conveniently in Friendswood that combines comfort, opportunity & an exceptional outdoor setting—one you won’t want to miss!

Investor Tools

Property Icon
$320,000
Estimated Property Value
$363,336Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$477/month
$90/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$282,861
2025
$68,389
$214,472
$282,861
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$282,861

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Unknown
$365,990
No
First
Dec 15, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$363,336
N/A
0%
114%
$2,195/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$2,285/mo
$-135/mo
8.1%

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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5114 Centennial Ln | Property Details | No Agent List