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$373,000

1418 Sheffield Drive, Missouri City, TX, 77459

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,497 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.38 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Microwave, Gas Range, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size7,193 sqft

Building Information

Year Built1989
Stories2
Roof Type105
Garage Spaces2

Land Information

APN4880-02-002-0050-907
Lot Number5
SubdivisionLexington Colony Sec 2
Land UseResidential
Legal DescriptionLEXINGTON COLONY SEC 2, BLOCK 2, LOT 5
Census Tract671501
Assessed Land Value$56,156
Assessed Improvement Value$319,468
Assessment Year2025

About this property

Stunningly renovated home with loads of updates perfectly situated on a corner lot facing the greenbelt! You'll love the open plan's high ceilings, neutral palette, and huge windows providing abundant natural light throughout! Pretty wood look flooring throughout main level, stairs, and upstairs game room with carpet in bedrooms. Recent updates include water heater in 2023, AC inside units 2023 and exterior units 2022, kitchen and half bath faucets, filtering shower heads, refrigerator, front loading washer/dryer (w/d purchased in 2023). Enjoy the First Colony lifestyle with pools, trails, playgrounds, tennis/pickleball courts and much more!

Investor Tools

$324,842Estimated Mortgage Balance
$51,158Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,256 /month
Positive
Cash Flow Estimate:
$752 /month

Interested in this property?

Kay Arnold

Compass RE Texas, LLC - Memorial

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$829/month
$912/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,070
$375,624
2025
$56,156
$319,468
$375,624
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,070
$375,624

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$342,000
No
First
Aug 22, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$324,842
$51,158
13%
86%
$2,051/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,963/mo
+$377/mo
10.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Missouri City

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1418 Sheffield Drive | Property Details | No Agent List