Pearland - Friendswood Edition | February 2023

REAL ESTATE

Featured Neighborhood Featured neighborhood

IMPERIAL ESTATES, 77546 Imperial Estates is a Friendswood neighborhood in Galveston County. It is located near several parks, including 1776 Park and the Frankie Carter Randolph Park.

77581 YEAROVERYEAR MARKET DATA: DECEMBER The median price of homes sold increased

in two out of ve area ZIP codes in December over December 2021. The number of homes sold decreased in all area ZIP codes except in ZIP code 77578.

521

77089

518

Homes on the market* 1 Median home value $434,250 Homes under contract* 0 Average days on the market* 25 Median annual property taxes $5,741 Median price per square foot $176.81

77584

77546

1776 PARK

77578

288

NUMBER OF HOMES SOLD

518

77089

77546

77578

77581

77584

Year

CLEAR CREEK

2021 2022

112

Build-out year: 2019 Square footage range: 2,400-3,300 Home values: $275,000-$720,000 HOA dues (estimated): $75 annually Schools: Westwood Elementary School, Friendswood Junior High School, Friendswood High School Property taxes (in dollars): Galveston County

MEDIAN PRICE OF HOMES SOLD

WITH YEAROVERYEAR PERCENTAGE CHANGE

2021

2022

77089

77546

77578

77581

77584

Sale price

$700K

0.36759 0.48731 1.2094

$600K

+22.06%

City of Friendswood Friendswood ISD Galveston County road and ood

$500K

+27.15%

$400K

0.00844

$300K

NEIGHBORHOOD DATA PROVIDED BY ALINA ROGERS SPARROW REALTY 2819612944 ALINAWROGERSYAHOO.COM

Galveston County Consolidated Drainage District

0.6%

2.87%

0.1298

$200K

8.33%

Total (per $100 valuation)

2.2025

$100K

*AS OF JAN. 1

GET 1 MONTH FREE On Select Homes*

INTEREST RATE AS LOW AS 3.75% *

55 + ACTIVE ADULT COMMUNITY

Spring Is In The Air

Friday, March 3rd • 5:00PM – 8:00PM at Larkspur at Shadow Creek 12635 Shadow Creek Pkwy. • Pearland, TX 77584 Larkspur’s first Spring Fling is sure to be a whole lot of fun. Join us for outdoor music, food, drinks, and dancing. Come meet our community and enjoy a beautiful evening in our courtyard.

New Homes from the $260s - $1M+

LarkspurAtShadowCreek.com RSVP Today! 346-512-2179

*Promotional rate applies to first two years only. Funds are limited. All products are subject to credit and property approval. Programs, rates, program terms and conditions subject to change without notice. Not all products are available in all states or for all amounts. Other restrictions and limitations apply. *Scenario is an estimate only and is based on primary residences only, 640 FICO score and a 2/1 buydown on a $400,000 purchase price with an FHA 30-year agreement (360 months) fixed rate loan amount of $392,755 at 96.5% LTV. Year 1 (0-12 months) rate at 3.750%, APR of 3.819%, and monthly payment of $2,606.81, year 2 (13-24 months) rate of 4.750%, APR of 6.819%, and monthly payment of $2,837, and a year 3-30 (25-360 months) rate of 5.750%, APR of 6.819%, and monthly payment of $3,081. Monthly payments include principal, interest, mortgage insurance, and estimated property taxes and homeowners insurance. Example payment does not include HOA, MUD or PID (if applicable) and payment obligation may be greater. 2/1 Buydown Program: Rate reduction up to 2%; buy down rate for up to 2 years; seller will pay for the buy down; adjusts 1% each year; returns to original fixed rate after buy down period. Rates effective as of 12/2/2022 and loan must fund by 3/2/2023. Available on select homes only and subject to cancellation/change at any time. See a Coventry Homes representative for details. This is not a commitment to lend.

Larkspur is an equal housing opportunity. Amenities and services vary by location. Pricing and availability subject to change. *Limited time only. Please contact our team member for full details.

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