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$280,000

NAL Estimated Property Value

13775 Drakewood Dr, Sugar Land, TX, 77498

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,869 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.86 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCarpet

Exterior

Lot Size6,934 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2650-02-011-1200-907
Lot Number12
SubdivisionCovington Woods Sec 2
Land UseResidential
Legal DescriptionCOVINGTON WOODS SEC 2, BLOCK 11, LOT 12
Census Tract672306
Assessed Land Value$34,580
Assessed Improvement Value$180,320
Assessment Year2025

About this property

Great home Great neighborhood Great owner. This is a real gem for a rental home. Granite counter tops in the kitchen and bathrooms with stone backsplash. Ceramic tile and wood laminate throughout home with one carpeted room. Stainless steel appliances. This home comes with Refrigerator, Washer and Dryer. Rear covered patio with large shed. A bonus is the water softener. Location, Location, Location close to the park, the pool, the Elementary school and Middle school. Very nice and peaceful

Investor Tools

Property Icon
$280,000
Estimated Property Value
$106,872Estimated Mortgage Balance
$173,128Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$446/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,949
$214,900
2025
$34,580
$180,320
$214,900
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,949
$214,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homebridge Financial Services Inc
Conventional
$119,090
No
First
Jan 29, 2021
Feb 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$106,872
$185,128
63%
38%
$715/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$715/mo
+$1,725/mo
10.5%

City: Sugar Land

13775 Drakewood Dr | Property Details | No Agent List