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$292,000

NAL Estimated Property Value

1338 Ashwood Dr, Sugar Land, TX, 77498

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,824 Sq Ft
price_per_sqft$135.42 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size8,602 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2650-05-002-0100-907
Lot Number10
SubdivisionCovington Woods Sec 5
Land UseResidential
Legal DescriptionCOVINGTON WOODS SEC 5, BLOCK 2, LOT 10
Census Tract672306
Assessed Land Value$38,220
Assessed Improvement Value$210,992
Assessment Year2025

About this property

Gorgeous home in desirable Covington Woods! Home features 4 bedrooms with custom cabinets, breakfast/formal dining and living area. Yard is huge with endless possibilities! Must see this beautiful, updated house in Sugar Land. It's a great community close to everything your family needs. Close proximity to major roads highways. Home features recent (2020) roof, tile/ (2020) carpet, Pex piping/water heater/AC plus upstairs duct work with own zone (2021), paint in/out (2020), range/microwave/disposal (2020), blinds (2021) plus more updates. Upstairs bedrooms with Custom Closets. Updated Ceiling Fans. Recent cleaned Fireplace. Fort Bend ISD schools. Ready for immediate move in.

Investor Tools

Property Icon
$292,000
Estimated Property Value
$442,438Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,752 /month
Positive
Cash Flow Estimate:
$584 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$351/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,756
$249,212
2025
$38,220
$210,992
$249,212
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,756
$249,212

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Imc Mortgage Corp
Unknown
$242,250
No
First
Oct 29, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$442,438
N/A
0%
152%
$2,906/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,150/mo
$3,106/mo
+$44/mo
12.9%

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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1338 Ashwood Dr | Property Details | No Agent List