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$795,000

1406 Lake Pointe Parkway, Sugar Land, TX, 77478

On MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,353 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$237.1 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Gas Oven, Microwave, Gas Range, Refrigerator, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size2,094 sqft

Building Information

Year Built2006
Stories2
Garage Spaces2

Land Information

APN4755-02-001-0030-907
Lot Number3
SubdivisionLake Pointe Sec 2
Land UseResidential
Legal DescriptionLAKE POINTE SEC 2, BLOCK 1, LOT 3
Census Tract672100
Assessed Land Value$195,000
Assessed Improvement Value$404,792
Assessment Year2025

About this property

Impeccably maintained LIVE/WORK townhome in premier Lake Pointe, just steps to waterfront, hotels, Whole Foods, shopping. Designed for lock+leave lifestyle, this residence offers elevator access to all levels, soaring ceilings, gleaming hardwoods throughout & custom plantation shutters. First floor features a spacious office w/built-in cabinetry, coffee bar, full en-suite bath & walk-out patio—ideal as a third bedroom or guest suite—plus mud storage & expansive under-stairs closet. The main level is built for entertaining w/oversized island, professional appliance package, walk-in pantry, under-cabinet lighting, Benedettini cabinetry, wet bar, beverage center & two walk-out patios. Third floor offers a refined primary suite w/coffered ceiling & custom dream closet + workspace, secondary en-suite bedroom & large laundry room w/Dutch door, prep sink & abundant storage. Gated two-car garage. Zoned live+work gives tax benefits & savings for business. In the heart of it all.

Investor Tools

Property Icon
$817,000
Estimated Property Value
$0Estimated Mortgage Balance
$679,027Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,902 /month
Positive
Cash Flow Estimate:
$1,634 /month

Interested in this property?

Kelly Stewart

Compass RE Texas, LLC - Houston

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$845/month
$5,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,054
$599,792
2025
$195,000
$404,792
$599,792
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,054
$599,792

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$198,210
No
First
Jan 9, 2013
Feb 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$137,973
$679,027
83%
17%
$1,189/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,370/mo
$6,689/mo
$-4,319/mo
3.5%

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: Sugar Land

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1406 Lake Pointe Parkway | Property Details | No Agent List