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$35,049

NAL Estimated Property Value

Fm 2351 Rd, Friendswood, TX, 77546

Off MarketInfo
CommercialInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size18,692 sqft

Land Information

APN1000450000019
SubdivisionWedgewood Village
Land UseReal, Vacant Commercial
Legal DescriptionRES D & D5 BLK 4 WEDGEWOOD VILLAGE SEC 1
Census Tract350700
Assessed Land Value$35,049
Assessment Year2025

About this property

This lot/property is on Clear Creek. It can be viewed from the 1776 Park. Access is limited because it is land locked off of Wandering Trail. Call for more information.

Investor Tools

Property Icon
$35,049
Estimated Property Value
$32,102Estimated Mortgage Balance
$2,947Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$450 /month
Positive
Cash Flow Estimate:
$150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$32/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$213
$35,049
2025
$35,049
N/A
$35,049
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$213
$35,049

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
2012 Homes Llc
N/A
$42,400
N/A
First
Mar 31, 2015
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$32,102
$2,947
8%
92%
$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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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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Fm 2351 Rd | Property Details | No Agent List