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Owner Contacts

$450,000

NAL Estimated Property Value

802 Penn Dr, Friendswood, TX, 77546

Off Market

4 Beds

3 Bath

2,396 Sq Ft

Single Family Residence

$156.51 / sqft

Built in 1979

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Convection Oven, Double Oven, Microwave, Dishwasher, Refrigerator

FlooringTile, Wood

Exterior

Lot Size14,532 sqft

Building Information

Year Built1979

Stories1

Roof Type105

Garage Spaces2

Land Information

APN6021-0000-0017-000

Lot Number17

SubdivisionQuakers Landing 2

Land UseResidential

Legal DescriptionABST 151 PAGE 5 LOT 17 QUAKERS LANDING SEC 2

Census Tract720200

Assessed Land Value$19,750

Assessed Improvement Value$345,250

Assessment Year2025

About this property

Spacious 1 Story with about 2400 sqft in Quakers Landing. GREAT LOCATION in the Heart of Friendswood! Only 1 Entrance into this Quiet Neighborhood with Low Traffic. Home sits on a Large Corner Lot and Cul-de-sac Street. Check the map, it's an Awesome Location! Highly Desirable Friendswood School District. Nearby Friendswood Parks, Shopping & Dining are Top Notch. Many Upgrades include a Modern Kitchen with Quartz Counters, Tile Backsplash, Newer Cabinets, Induction Cooktop, plus Double Ovens. Primary Bath has a Luxury Remodeled Shower with Water Massage Heads, Double Sinks with Quartz Counters, and Built-In Storage. Primary Suite has direct access to the Large SUNROOM overlooking the Back Yard. Wood & Tile Flooring throughout (No Carpet). Home also features a RV Pad with 30 amp outlet, Water Softener, Solar Screens, Marble Window Sills and So Much More. 2 Car Detached Garage with Plenty of Additional Parking. A Great Place to Call Home!

Investor Tools

$450,000

Estimated Property Value

$324,292Estimated Mortgage Balance

$125,708Estimated Equity

24% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,700 /month

Positive

Cash Flow Estimate:

$900 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$391/month

$375/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,441

$365,000

2025

$19,750

$345,250

$365,000

Tax History

Year

Tax Paid

Assessed Value

2024

$2,441

$365,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fairway Independent Mortgage Corp

Conventional

$342,000

First

Jul 12, 2023

Aug 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$324,292

$102,708

24%

72%

$2,051/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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