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Days27Days on Market
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$265,000

1327 Diamond Drape Dr, Rosharon, TX, 77583

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,121 Sq Ft
price_per_sqft$124.94 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size6,499 sqft

Building Information

Year Built2018
Stories2
Roof Type105
Garage Spaces2

Land Information

APN7793-3004-042
Lot Number42
SubdivisionSterling Lakes West Sec 3
Land UseResidential
Legal DescriptionSTERLING LAKES WEST SEC 3 (A0714 WM PATTUS) BLK 4 LOT 42
Census Tract661902
Assessed Land Value$49,600
Assessed Improvement Value$220,570
Assessment Year2025

About this property

Welcome to 1327 Diamond Drape Dr located in the highly desirable gated community of Sterling Lakes in Iowa Colony! This beautifully maintained home offers comfort, convenience and recent improvements including brand-new carpet in the primary bedroom and fresh paint throughout the first floor. Residents of Sterling Lakes enjoy the neighborhood pool, basketball courts, playgrounds, gym and so much more! Conveniently located near highway 288 with easy access to Pearland, Downtown Houston, shopping centers and restaurants. This home combines suburban comfort with everyday convenience, schedule your private showing today!

Investor Tools

$218,359Estimated Mortgage Balance
$52,305Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,621 /month
Positive
Cash Flow Estimate:
$540 /month

Interested in this property?

Esmeralda De Avila

Pearl Partner Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$544/month
$1,650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,174
$270,170
2025
$49,600
$220,570
$270,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,174
$270,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Calcon Mutual Mortgage Llc
Unknown
$217,880
No
First
Aug 24, 2018
Sep 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,359
$70,641
24%
81%
$1,536/mo

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: Rosharon

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1327 Diamond Drape Dr | Property Details | No Agent List