Last 24 Hours
$1,427,000
NAL Estimated Property Value4550 Fm 2351 Rd, Friendswood, TX, 77546
Recently Sold
8/21/26
— Beds
— Bath
3,285 Sq Ft
Built in 1996Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms —
Bathrooms —
Heating Forced Air Unit
CoolingExterior
Lot Size37,287 sqft
Building Information
Year Built1996
Land Information
APN1186820010001
Lot Number1
Land UseCommercial
Legal DescriptionLT 1 BLK 1 FRIENDSWOOD CITY TEXACO
Census Tract350601
Assessed Land Value$279,653
Assessed Improvement Value$500,985
Assessment Year2025
About this property
Prime 4.2-acre tract in a highly desirable Friendswood location with excellent frontage along FM 2351. Conveniently positioned near I-45 and Beltway 8, the property provides easy access to Houston, Galveston, the Clear Lake area and the Ship Channel corridor. A rare opportunity to secure substantial acreage in a growing, well-connected area.
Investor Tools
$780,638
Estimated Property Value
$237,804Estimated Mortgage Balance
$542,834Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,562 /month
Positive
Cash Flow Estimate:
$2,854 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$666/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,092
$780,638
2025
$279,653
$500,985
$780,638
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,092
$780,638
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dba Fore Financial Services
Unknown
$410,000
No
First
Sep 18, 2009
Sep 2012
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,804
$542,834
69%
30%
$2,459/mo
12.4%