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$786,394

NAL Estimated Property Value

1423 Meadow Lakes Dr, Sugar Land, TX, 77479

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,808 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.94 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Cooktop, Dishwasher, Cooktop
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size11,522 sqft

Building Information

Year Built1997
Stories2
Roof Type105
Garage Spaces2

Land Information

APN4971-01-001-0110-907
Lot Number11
SubdivisionMeadow Lakes Sec 1
Land UseResidential
Legal DescriptionMEADOW LAKES SEC 1, BLOCK 1, LOT 11
Census Tract673902
Assessed Land Value$82,225
Assessed Improvement Value$716,751
Assessment Year2025

About this property

Move-in ready with rare flexibility! Nearly 5,000 sq ft at just $164/sq ft—well below market for the neighborhood. With 5 bedrooms, multiple living areas, a pool, and a rare 3-car garage, this home is ideal for large households, multi-generational living, or corporate housing. Features include a 5-year-old roof, new AC units, surround sound in every room, custom window treatments, and custom kitchen cabinetry. !! Special Offer: With a secured buyer, the seller is open to completing bathroom renovations of the buyer’s choosing (within reason) prior to closing so you can move in with updated finishes ready to go. Set on a large corner lot, this is a rare chance to buy below market and tailor the details to your style. Schedule your showing today!

Investor Tools

Property Icon
$786,394
Estimated Property Value
$485,009Estimated Mortgage Balance
$301,385Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,718 /month
Positive
Cash Flow Estimate:
$1,573 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$980/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,833
$786,394
2025
$82,225
$716,751
$798,976
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,833
$786,394

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amwest Funding Corp
Conventional
$490,000
No
First
Oct 30, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$485,009
$301,385
38%
62%
$2,938/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,938/mo
+$402/mo
5.1%

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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1423 Meadow Lakes Dr | Property Details | No Agent List