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$472,000

NAL Estimated Property Value

1427 Sugar Crossing Dr, Sugar Land, TX, 77478

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths3,026 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$115.66 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Cooktop, Double Oven, Electric Oven
FlooringCarpet, Tile, Wood

Exterior

Lot Size9,513 sqft

Building Information

Year Built1989
Stories2
Roof Type105
Garage Spaces2

Land Information

APN7556-00-004-0160-907
Lot Number16
SubdivisionSugar Crossing
Land UseResidential
Legal DescriptionSUGAR CROSSING, BLOCK 4, LOT 16, R/P
Census Tract671700
Assessed Land Value$71,630
Assessed Improvement Value$357,574
Assessment Year2025

About this property

LOVELY HOME BUILT BY NEWMARK THAT HAS BEEN VERY WELL MAINTAINED AND HAS LOTS OF UPDATES. FEATURES INCLUDE AN ELEGANT FORMAL DINING ROOM, STUDY/HOME OFFICE WITH SLIDING BARN DOORS, SPACIOUS DEN WITH HARDWOOD FLOORS, ISLAND KITCHEN WITH GRANITE COUNTERS AND LOTS OF CABINETS, MASTER BEDROOM WITH SITTING AREA, MASTER BATH WITH SEPARATE SHOWER AND WHIRLPOOL TUB, PRIVATE BACKYARD WITH COVERED PATIO, BEAUTIFUL LANDSCAPING, NO NEIGHBORS BEHIND, REAR ENTRY GARAGE WITH PLENTY OF DRIVEWAY FOR THE KIDS TO PLAY. VERY LOW TAXES. RECENT UPDATES INCLUDE (2019) LANDSCAPING/DRIVEWAY GATE MOTOR & SWING ARM, (2017) ATTIC STAIRS/ATTIC DECKING/BEDROOM CEILING FANS, (2016) ROOF/HEATERS, (2015) COVERED PATIO/GARAGE DOOR OPENER, (2014) EXTERIOR PAINT/SOME HARDIPLANK SIDING/GUTTERS/DISHWASHER/BOTH UPSTAIRS BATHROOMS UPGRADED, (2013) CARPET/SOME LIGHTING/INTERIOR PAINT. GREAT LOCATION AND GREAT SCHOOLS. EASY ACCESS TO HWY 6 AND 59. IF THE BUYERS ARE LOOKING FOR A QUICK CLOSING, THE SELLERS CAN ACCOMMODATE.

Investor Tools

Property Icon
$472,000
Estimated Property Value
$239,671Estimated Mortgage Balance
$232,329Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,832 /month
Positive
Cash Flow Estimate:
$944 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$681/month
$790/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,815
$429,204
2025
$71,630
$357,574
$429,204
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,815
$429,204

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$272,000
No
First
Apr 18, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,671
$246,329
50%
51%
$1,631/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,070/mo
$2,421/mo
+$649/mo
7.8%

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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1427 Sugar Crossing Dr | Property Details | No Agent List