$200,000
●
House -
For Sale
2316 Francis Drive
Pearland, TX 77581
3 Beds
2 Baths
1,696 Ft²
$1,455
Est. Monthly
About This Property
Single-story brick home on a large 9,750 square foot lot in the
central Mimosa Acres subdivision of Pearland. Built in 1987, the
1,696 square foot traditional layout features three bedrooms, two
bathrooms, a central living area with a fireplace, a formal dining
space, and a breakfast room. All bedrooms are situated on the main
level. Includes a slab foundation, composition roof, and an
attached two-car garage. The property resides within the Pearland
Independent School District, with zoning to Cockrell Elementary,
Sablatura Middle School, and Pearland High School.
Unit Size
1,696 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$118
Property Type
House
Property Taxes
$473
HOA Dues
-
Year Built
1987
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 19 days ago (HAR #94718360)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 12, 2026 | No longer available | - | |
| No longer available | |||
| Oct 12, 2026 | Listed by Real Broker, LLC | $200,000 | |
| Listed by Real Broker, LLC | |||
| Aug 28, 2026 | Relisted | $200,000 | |
| Relisted | |||
| Aug 26, 2026 | In contract | - | |
| In contract | |||
| Jul 15, 2026 | Listed by Real Broker, LLC | $200,000 | |
| Listed by Real Broker, LLC | |||
   | |||
|
Single-story brick home on a large 9,750 square foot lot in the central Mimosa Acres subdivision of Pearland. Built in 1987, the 1,696 square foot traditional layout features three bedrooms, two bathrooms, a central living area with a fireplace, a formal dining space, and a breakfast room. All bedrooms are situated on the main level. Includes a slab foundation, composition roof, and an attached two-car garage. The property resides within the Pearland Independent School District, with zoning to Cockrell Elementary, Sablatura Middle School, and Pearland High School.
| |||
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: All Bedrooms Down, En-Suite Bath, Primary Bed - 1st Floor
Has Fireplace
Fireplaces: 1
Exterior Details
Square Footage: 1696
Architectural Style: Traditional
Year Built: 1987
Building Area Total: 1696
Construction Materials: Brick
Lot Features: Subdivided, 0 Up To 1/4 Acre
Lot Size Area: 0.2238
Lot Size Units: Acres
Lot Size Acres: 0.2238
Lot Size Square Feet: 9748.728
Water Source: Public
Financial Details
Tax Annual Amount: $5,671
Utilities Details
Cooling Type: Electric
Heating Type: Natural Gas
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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About Pearland
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Listed by: Steven Franco, Real Broker, LLC
Last Updated: 19 days ago
Data Source: HAR , MLS# 94718360
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Last Updated: 19 days ago
Data Source: HAR , MLS# 94718360
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