Homes for Sale/Galveston County/Friendswood/Heritage Estates 2
Active MLS #87030782 · 478 days on market

501 Colonial Drive

Friendswood, TX 77546
Subdivision  ·  Heritage Estates 2
List Price
$120,000
Baths
0
Lot
0.41 ac
County
Galveston
Tax Rate
2.34%

Schools

§ 03
District
Elementary WESTWOOD EL A
Middle FRIENDSWOOD J H A
High FRIENDSWOOD H S CCMR 84% · Grad 100% A
TEA accountability ratings reflect 2024–25 where available. School attendance zones are subject to district redistricting — confirm directly with the district before making a school-based decision.

Overview

§ 01

CORNER LOT FOR SALE. Heritage Estates offers tranquil living. The lots are way larger and spacious than average giving room for custom homes that can include workshops and larger footprints. Low taxes.. BUILDERS, homes in the area are consistently selling above $500,000!!

Enjoy easy access to top-rated Friendswood ISD school, a prime location just minutes from shopping, dining, and major highways. Whether you're looking to build now or hold as a high-potential asset, this property is a rare find in one of Friendswood’s most sought-after neighborhoods.

Features

§ 02

Interior

Not provided

Exterior & lot

  • Corner Lot
  • Subdivision

Community

  • Style: Patio Home

Property Details

§ 03 · Full MLS record

Property

Property Type Land
Architectural Style Patio Home

Rooms & Baths

Bathrooms (total) 0

Lot

Lot Size (acres) 0.4061
Lot Size Source Appraiser
Lot Features Corner Lot, Subdivision

Location

County Galveston
MLS Area Major 33
MLS Area Minor Friendswood
Subdivision Heritage Estates 2
Road Surface Concrete
Postal Code 77546

Utilities

Water Source Public
Sewer Public Sewer

HOA / Association

HOA Yes
HOA Fee $25
HOA Fee Frequency Annually
HOA Name Heritage Estates

Taxes, Terms & Disclosures

Tax Annual Amount $2,812
Tax Year 2024
Tax Rate (est.) 2.34%
Parcel # 3926-0006-0013-000
Legal Description ABST 151 S MCKISSICK SUR LOT 13 BLK 6 HERITAGE ESTATES SEC 2
Disclosures Other

MUD Disclosure (§49.452)

§ 03 · Data moat
● §49.452 Notice
Not in archive
This MUD is not yet in our §49.452 archive. We'll add it on request.

Texas Water Code §49.452 requires districts to publish annual notices with tax rate, bonded indebtedness, and assessed value. Most Harris-area MUDs publish these; a handful managed by Inframark do not.

Request this notice
● What this tells you

The §49.452 notice is the only public document that lists a MUD's exact tax rate, outstanding bond debt, and the assessed value used to compute your taxes — direct from the district, not the MLS. If the district is newer or has more bonds outstanding than its neighbors, your effective tax rate will be higher here than just across the street.

Listing's rolled-up MUD rate Resolved MUD jurisdiction not mapped Match confidence

Taxes & Cost of Ownership

§ 04
● Estimated monthly payment
$955
30-YR FIXED · ADJUST ASSUMPTIONS BELOW
%
%
Principal & interest$721 Property tax$234 Homeowners insuranceTBD
Subtotal (P&I + Tax) $955
Yearly HOA fee $25

Illustrative only, not a quote. P&I assumes the values entered above. Insurance and HOA dues vary — consult licensed lender and insurance agent for accurate quote.

● Effective tax rate · 3-year history
1.9854%
ALL 5 TAXING DISTRICTS · 2025 BILL
202320242025
MUD
→ stable
School
1.03%
→ stable
City
→ stable
County
0.32%
→ stable
Other districts
0.63%
→ stable

HOA & Community

§ 05
● HOA details
$25
ANNUALLY
Association nameHeritage Estates Management co. Website Phone Cert on filepending
● Community amenities
post_office
United States Postal Service · 0.4mi
United States Postal Service · 3.9mi
United States Postal Service · 4.5mi
place_of_worship
First Baptist Church of Fiendswood Family Life · 0.4mi
Friendswood United Methodist Church · 0.7mi
Friendswood Community Church · 1.0mi
daycare
Spanish Schoolhouse · 0.4mi
Primrose School of Friendswood · 1.5mi
Primrose · 1.5mi
park
1776 Park · 0.5mi
· 0.7mi
· 0.8mi
library
Friendswood Public Library · 0.5mi
Parker Williams Branch Library · 3.7mi
Tom Reid Library · 3.9mi
restaurant
McDonald's · 0.5mi
Dunn Brothers Coffee · 0.5mi
Wendy's · 0.6mi

Broadband & Connectivity

§ 06 · Rolled up from MLS
● Max advertised speed at this address
5,000 Mbps
Fiber available · cable ok
Top fiber: AT&T
Fiber / DSL
AT&T
Speeds per provider
Cable
Xfinity
Speeds per provider
Fixed Wireless
T-Mobile
Speeds per provider
Fixed Wireless
Verizon
Speeds per provider
Satellite
HughesNet
Speeds per provider
Satellite
Starlink
Speeds per provider
Satellite
Viasat Inc
Speeds per provider

Environmental Risk

§ 08
A
FEMA Zone
Zone AE · Special Flood Hazard Area
1% annual chance of flooding (100-year floodplain). Flood insurance typically required.
PANEL 48167C SFHA YES SOURCE 48167C_STUDY2
🌡 Heat days >95°F
54 days/yr above 95°F
Plus 8 days above 100°F. NOAA station records, 2016-2025 average.
💨 30-day air quality
AQI 44 · Good
Average daily AQI for the 30 days ending 2026-02-28. EPA AQS county monitors. Higher = worse.
🌵 Drought (current)
D1 · Moderate
US Drought Monitor county reading, week of 2026-09-15.
Sources: FEMA NFHL · NOAA GHCN-Daily · EPA AQS · US Drought Monitor. Climate rollup last computed Sep 23, 2026.

Recent Comparable Sales

§ 09
1 comparable sale nearbyAddress-level sold detail is available to registered users. Reach out to Allen for the full comparable-sales report.

Subdivision & Master Plan

§ 10
● Master plan
Heritage Estates 2
TIER: SUBDIVISION
Subdivision name (MLS)Heritage Estates 2 City · ZIPFriendswood · 77546 CountyGalveston Listings in subdivision16 Active now1 Sold (last 12 mo)2 Curated amenities60
● Year-built distribution
No build-year dataWill populate from the parcel roll.

Fire Protection

§ 11
Nearest station
Friendswood Fire Department Station 4
· Friendswood
Distance
0.8 mi
Straight-line from listing
ISO rating
Future data point
Avg. response
From incident log (future)

Neighborhood Demographics

§ 12 · Census tract 48167720200 · ACS 2023
Median HH income
$121,750
ACS 2023
Median home value
$540,900
Census self-report
Owner-occupied
74%
2,018 housing units
Bachelor's+
62%
Adults 25+
Median age
41.9
Population 5,274
Work from home
28%
of commuters
Commute 45min+
14%
of commuters
Below poverty
1.3%
tract-level

Amenities & Nearby Places

§ 13

Active listing — amenities should populate from the go-live pipeline. Click to fetch now if missing.

Location & Neighborhood

§ 13
● This Home
501 Colonial Drive, Friendswood, TX 77546
Galveston County · 29.53°N, 95.20°W
post_office
United States Postal Service
0.4 mi · 1 within 2 mi
place_of_worship
First Baptist Church of Fiendswood Family Life
0.4 mi · 3 within 2 mi
daycare
Spanish Schoolhouse
0.4 mi · 1 within 2 mi
park
1776 Park
0.5 mi · 5 within 2 mi
Interactive map coming in v0.2 — currently showing schematic placement.
● Listing History
Jun 3, 2025 Listed $120,000 Ashley Diep
Status change events from HAR MLS (future: full audit trail)
● Disclosures & Attribution
Listed by Ashley Diep · eXp Realty, LLC
Data provided by Houston Realtors Information Service (HAR MLS). Information deemed reliable but not guaranteed. All measurements, square footage, and school assignments should be independently verified. HAR MLS content last updated Feb 5, 2026.
MLS# 87030782 · LIST DATE: Jun 3, 2025 · PARCEL: 3926-0006-0013-000
R
EHO
REALTOR® · Equal Housing Opportunity
HAR.com Copyright © 2026, Houston Realtors Information Service, Inc. Deemed reliable, not guaranteed — independently verify. HARMLS last updated Sep 24, 2026, 4:59 AM CDT. Properties may subsequently be sold or off-market. Equal Housing Opportunity