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$455,000

NAL Estimated Property Value

1242 Spinnaker Way, Sugar Land, TX, 77498

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,072 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.01 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer, Dishwasher, Disposal, Refrigerator, Microwave, Electric Cooktop, Electric Oven
FlooringTile, Wood

Exterior

Lot Size6,588 sqft

Building Information

Year Built1992
Stories1
Roof Type105
Garage Spaces2

Land Information

APN7600-07-002-0180-907
Lot Number18
SubdivisionSugarmill Sec 7
Land UseResidential
Legal DescriptionSUGARMILL SEC 7, BLOCK 2, LOT 18, R/P
Census Tract672306
Assessed Land Value$84,500
Assessed Improvement Value$327,086
Assessment Year2025

About this property

LIVE ON THE WATER & enjoy the laid-back atmosphere in this lakeside beauty on a tree-shaded cul-de-sac street.Comfortable den with beautiful hardwood floors,fireside cheer & built-in bookcases. Even the flat screen tv remains with this one.Entertain smartly in formal dining room.Chef's delight updated island kitchen with Silestone countertops.Your own retreat in roomy master suite with picture perfect views of the lake.Relax & unwind in whirlpool tub with lake views.Fish the day away or enjoy the evening atmosphere of the lake on your backyard deck.There is no limit to the fun!

Investor Tools

Property Icon
$455,000
Estimated Property Value
$0Estimated Mortgage Balance
$455,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,730 /month
Positive
Cash Flow Estimate:
$910 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$820/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,564
$411,586
2025
$84,500
$327,086
$411,586
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,564
$411,586

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$454,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
N/A
+$2,440/mo
6.4%

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.

Explore Texas Explore This Area
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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1242 Spinnaker Way | Property Details | No Agent List