Last 24 Hours
$285,000
NAL Estimated Property Value1511 Alderbrook Dr, Sugar Land, TX, 77498
Off Market
4 Beds
2 Bath
1,732 Sq Ft
Single Family Residence
$1.04 / sqft
Built in 1973Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 4
Bathrooms Full 2
Indoor Fireplace
Garage Available
Heating Central
CoolingAppliancesDisposal, Gas Oven, Oven, Refrigerator, Dishwasher
FlooringCarpet, Tile
Exterior
Lot Size10,128 sqft
Building Information
Year Built1973
Stories1
Roof Type105
Garage Spaces2
Land Information
APN2650-01-002-4100-907
Lot Number41
SubdivisionCovington Woods Sec 1
Land UseResidential
Legal DescriptionCOVINGTON WOODS SEC 1, BLOCK 2, LOT 41
Census Tract672306
Assessed Land Value$40,040
Assessed Improvement Value$204,360
Assessment Year2025
About this property
Four bedrooms and 2 full baths (attic area was converted into one of the bedrooms)
Investor Tools
$285,000
Estimated Property Value
$65,046Estimated Mortgage Balance
$219,954Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$493/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,491
$244,400
2025
$40,040
$204,360
$244,400
No
Tax History
Year
Tax Paid
Assessed Value
2025
$4,491
$244,400
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$80,000
No
First
May 16, 2017
Jun 2047
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$65,046
$220,954
77%
23%
$480/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,150/mo
$480/mo
+$2,670/mo
13.3%
12.4%