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Pearland 77581
2318 Francis Drive
$259,900 Last Listed Price
● House - Off Market

2318 Francis Drive

Pearland, TX 77581
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,968 Ft²
$367,315
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Recently remodel in the heart of Pearland with convenient access to shopping, dinning and entertainment.  This house has it all...formal dinning, formal living, newly remodeled kitchen with state of the art appliance, recently repainted inside and out, remodeled bathrooms, new double pane windows, fresh landscaping and much more. Call your agent today for a private tour.
Unit Size
1,968 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$132
Property Type
House
Property Taxes
$370
HOA Dues
-
Year Built
1988

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 3 years ago (HAR #68562560)

Price History

Date / Event Date Event Price
May 15, 2020 Sold
Premium
Sold
Apr 1, 2020 Listed by RE/MAX 1st Class $259,900
Listed by RE/MAX 1st Class

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 216

    Dimensions

  • Lot Size Square Feet: 9,750
  • Total Building Area: 1,968
  • Gross Building Area: 1,968
  • Building Area: 1,968
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 11
  • Heated Square Feet: 1,968
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MIMOSA ACRES (PEARLAND)
  • Land Acres: 0000000224
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: MIMOSA ACRES (PEARLAND) BLK 4 LOT 8

Neighborhood

  • School District Name: Pearland Independent School District
  • Census Tract: 660503

Geography

  • Subdivision Tract Number: S6600
  • Parcel: 6600-0026-130
  • Block: 4
  • Lot: 8
  • Municipality: PEARLAND
  • Latitude: 29.5642
  • Longitude: -95.2975

    Address

  • Full Address: 2318 Francis Dr
  • Address - House Number: 2318
  • Address - Street Name: Francis
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Pearland
  • Carrier Code: C002
  • 4-Digit Zip Code: 3822
  • Zip Code: 77581

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $447,839
  • Tax Rate Code Area: SPL

    Appraisal Valuation

  • Standard Deviation: 0.2202
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 69
  • Final Value: 319,573
  • High Value: 389,947
  • Low Value: 249,198

    Market Valuation

  • Market Total Value: $222,270
  • Market Land Value: $19,500
  • Market Improvement Value: $202,770

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $217,987
  • Assessed Land Value: $19,500
  • Assessed Improvements Value: $202,770

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 14, 2020
  • Current Sale Recording Date: May 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020024815
  • Previous Sale Recording Date: Dec 16, 2019
  • Previous Sale Contract Date: Dec 13, 2019
  • Previous Sale Amount: $175,700
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Pearland

Stats & Trends

Median Asking:

$389,000

Sale Price/ft²

$159

Above Asking

0.00%

Average Days on Market

60

Average Home Size

2595 ft²

Average Home Age

20.2 years

Currently For Sale

451 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4618 W Orange Street, Pearland, TX, 77581

$1,800 /mo

  • 2 Beds
  • 1 Bath
  • 1,416 ft²
4618 W Orange Street, Pearland, TX, 77581 Listing by Stephanie Bateman

Rentals Near You

Click here to view more rentals in the neighborhood.
HAR

Listed by: Amy Hendrix, RE/MAX 1st Class
Last Updated: 3 years ago
Data Source: HAR , MLS# 68562560
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Frequently Asked Questions

When was property at 2318 Francis Drive built and last sold?
The property at 2318 Francis Drive was built in 1988 and last sold on May 14, 2020 for $230,900.
How much is this home worth?
The estimated value of the home located at 2318 Francis Drive is $0.
What are some comparable homes to 2318 Francis Drive?
There are currently no comparable homes to 2318 Francis Drive.
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