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$474,000

NAL Estimated Property Value

1243 Spinnaker Way, Sugar Land, TX, 77498

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,268 Sq Ft
price_per_sqft$216.05 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Dryer, Refrigerator, Washer, Water Purifier
FlooringBamboo, Carpet, Tile

Exterior

Lot Size5,964 sqft

Building Information

Year Built1992
Stories1
Roof Type105
Garage Spaces2

Land Information

APN7600-07-002-0090-907
Lot Number9
SubdivisionSugarmill Sec 7
Land UseResidential
Legal DescriptionSUGARMILL SEC 7, BLOCK 2, LOT 9, R/P
Census Tract672306
Assessed Land Value$84,500
Assessed Improvement Value$361,962
Assessment Year2025

About this property

CONTENTMENT IS CALLING in this popular one-story beauty on a tree-lined,cul-de-sac street with easy-care landscaping.No need to pack for trips to the lake--you're there when you live in this beauty.Like to fish? Fish the day away off your dock & enjoy Texas evenings watching the boat parades & the sun go down on the water. You will be floored by the popular,easy-clean engineered hardwood floors & new designer carpets.Start the day off right in master bedroom with views of the lake.Peaceful lakeviews from kitchen & family room.Hospitality plus in formal living room with fireside cheer & built-ins.Formal dining room for entertaining guests.Chef delight eat-in kitchen with cooking island, granite countertops, tile backsplash & convenient breakfast bar.Refrigerator included.Appreciate the comforts in updated master bath with soaking tub plus towel warmer.Complete appliance package.A BEAUTIFUL BUY!

Investor Tools

Property Icon
$474,000
Estimated Property Value
$457,999Estimated Mortgage Balance
$16,001Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,940 /month
Positive
Cash Flow Estimate:
$980 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$706/month
$970/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,108
$446,462
2025
$84,500
$361,962
$446,462
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,108
$446,462

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$465,500
No
First
Jun 6, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$457,999
$24,001
4%
97%
$2,791/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$3,761/mo
$-1,321/mo
6.2%

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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1243 Spinnaker Way | Property Details | No Agent List