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$513,000

NAL Estimated Property Value

1307 Gray Hills Ct, Sugar Land, TX, 77479

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,023 Sq Ft
price_per_sqft$112.44 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,776 sqft

Building Information

Year Built1997
Stories2
Roof Type105
Garage Spaces2

Land Information

APN6015-55-001-0140-907
Lot Number14
SubdivisionNew Territory Parcel C-5
Land UseResidential
Legal DescriptionNEW TERRITORY PARCEL C-5, BLOCK 1, LOT 14
Census Tract673903
Assessed Land Value$88,400
Assessed Improvement Value$380,138
Assessment Year2025

About this property

A GORGEOUS AND IMPECCABLE HOME! This 4 Bedroom 3.5 Bath home boasts a 2-Story Grand Foyer followed by a 2-Story Family room, open concept Kitchen, a massive sized Primary Suite with sitting space and a view of one of the most beautiful backyards. A LUXURIOUS Primary Bath with beautiful Granite counter-top, custom sinks, flooring, jetted tub and a frame-less shower! Along with TONS of upgrades throughout the house, Wood floors, Murano glass fixtures, Crystal Chandeliers, Custom colors. Recently upgraded Kitchen with Granite counter-top, lots of cabinet space and SS appliances. BEAUTIFUL AND TRANQUIL BACKYARD with CEDAR WOOD PERGOLA, WOOD DECK , beautiful trees adding abundant privacy. Walking distance from Club at New Territory, which houses a full-size gymnasium, weight/fitness room, locker rooms, and meeting/multi-purpose rooms, beautiful swimming pool with cabana, a playground, eight lighted tennis courts, a Tennis Pro Shop and regulation sports fields. THIS HOME IS A MUST SEE!

Investor Tools

Property Icon
$513,000
Estimated Property Value
$178,048Estimated Mortgage Balance
$334,952Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,078 /month
Positive
Cash Flow Estimate:
$1,026 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$754/month
$1,060/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,483
$468,538
2025
$88,400
$380,138
$468,538
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,483
$468,538

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$200,000
No
First
Sep 21, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,048
$336,952
65%
35%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,260/mo
+$1,080/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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1307 Gray Hills Ct | Property Details | No Agent List