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$319,000

NAL Estimated Property Value

1503 Ashwood Drive, Sugar Land, TX, 77498

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,988 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.45 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Electric Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood

Exterior

Lot Size10,138 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2650-05-004-0010-907
Lot Number1
SubdivisionCovington Woods Sec 5
Land UseResidential
Legal DescriptionCOVINGTON WOODS SEC 5, BLOCK 4, LOT 1
Census Tract672306
Assessed Land Value$42,900
Assessed Improvement Value$255,399
Assessment Year2025

About this property

LOCATION! LOCATION! Beautiful home (completely remodeled in 2019) in Covington Woods of Sugar Land! Featuring 4-bedroom 3-bath custom built home on corner lot with circular driveway! Lots of updates include: roof, neutral colors paint interior/exterior, windows and blinds, doors, high-end wood looking tiles throughout, water heater (2019), stainless steel appliances, and so much more! Kitchen and bathrooms were remodeled with custom revolving pantry shelves and cabinets, Italian quartz kitchen countertops, hardwares, and light fixtures. Remodeled master bedroom suites with full baths en-suite and quartz stone window bays! Updated plumbing in all bathrooms, kitchen, laundry and new master bedroom with separate drain for the City sewer system. Detached 2-car garage that has an extra area in the garage. Zoned to highly rated Fort Bend schools! Super LOW TAX rate! This gem won't stay on the market for too long, so hurry and schedule your showing today!

Investor Tools

Property Icon
$319,000
Estimated Property Value
$225,913Estimated Mortgage Balance
$93,087Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,914 /month
Positive
Cash Flow Estimate:
$638 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$590/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,482
$298,299
2025
$42,900
$255,399
$298,299
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,482
$298,299

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Goldwater Bank Na
Conventional
$243,750
No
First
Jun 10, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$225,913
$93,087
29%
71%
$1,462/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,150/mo
$1,662/mo
+$1,488/mo
11.8%

City: Sugar Land

1503 Ashwood Drive | Property Details | No Agent List