$700,323
NAL Estimated Property Value1202 Colony Lakes Dr, Sugar Land, TX, 77479
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About this property
Stunning residence nestled in the heart of Sugar Land in the highly sought after community of The Lakes! This exquisite home boasts a harmonious blend of elegance and comfort, perfect for those seeking a serene yet sophisticated lifestyle. As you step inside, you’ll be greeted by an expansive open floor plan that seamlessly connects the living, dining, and kitchen areas, creating an ideal space for gatherings. The gourmet kitchen is a chef’s dream, featuring high-end appliances, granite countertops, and ample storage. The master suite is a true retreat, offering a spacious layout, a luxurious en-suite bathroom with a soaking tub, and double walk-in closets. Additional bedrooms are generously sized, providing plenty of space for family or guests. Outside, the beautifully landscaped backyard is a private oasis with no back neighbors, and comes complete with a covered patio, plenty of room for outdoor entertaining and your own pool and spa with waterfall! Roof replaced 2024!
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Sugar Land
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