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$484,000

NAL Estimated Property Value

1202 Misty Lake Ct, Sugar Land, TX, 77498

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,641 Sq Ft
price_per_sqft$138.21 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Refrigerator, Microwave, Electric Cooktop, Electric Oven
FlooringCarpet, Tile

Exterior

Lot Size6,268 sqft

Building Information

Year Built1991
Stories2
Roof Type105
Garage Spaces2

Land Information

APN7600-07-004-0260-907
Lot Number26
SubdivisionSugarmill Sec 7
Land UseResidential
Legal DescriptionSUGARMILL SEC 7, BLOCK 4, LOT 26, R/P
Census Tract672306
Assessed Land Value$84,500
Assessed Improvement Value$364,549
Assessment Year2025

About this property

COMING HOME IS A PLEASURE IN THIS WATERFRONT BEAUTY on a shady corner lot with easy-care landscaping. A delightful setting with custom backyard oasis.Have a picnic in your own back yard overlooking the lake with lattice covered deck. Backyard entertaining or just sunbathing is easy with two decks to soak up the sun or enjoy catch & release fishing.Fantastic entertaining is a breeze with both formal dining & living rooms.The joy of cooking can be yours in updated island kitchen with stainless steel appliances & fridge included. Drink your morning coffee in cheerful breakfast area and enjoy your view of the lake.Fireside cheer in cozy den with high ceiling.Be your own boss in handy home office with full size bath.Sleep is good in spacious upstairs master bedroom suite.Wake up every morning with fantastic lake view.Immediately available to close by end of the year to get benefit of homestead exemption.A BEAUTIFUL BUY!

Investor Tools

Property Icon
$484,000
Estimated Property Value
$0Estimated Mortgage Balance
$484,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,904 /month
Positive
Cash Flow Estimate:
$968 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$714/month
$814/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,152
$449,049
2025
$84,500
$364,549
$449,049
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,152
$449,049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$466,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,150/mo
$814/mo
+$2,336/mo
7.8%

Learn About the Market: Opportunity in Texas

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Explore

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.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Sugar Land

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1202 Misty Lake Ct | Property Details | No Agent List