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$447,000

NAL Estimated Property Value

1515 Thunder Lake Ln, Sugar Land, TX, 77498

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,783 Sq Ft
price_per_sqft$159.9 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size8,996 sqft

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3446-01-002-0100-907
Lot Number10
SubdivisionGannoway Lake Estates Sec 1
Land UseResidential
Legal DescriptionGANNOWAY LAKE ESTATES SEC 1, BLOCK 2, LOT 10
Census Tract672305
Assessed Land Value$75,400
Assessed Improvement Value$354,600
Assessment Year2025

About this property

Welcome to charming, one-story Perry-built home at the highly desirable Sugar Land community. Lovingly maintained by its original owner, this cozy property offers modern upgrades combined with timeless design, perfect for those seeking comfort and convenience. Located near major highways 90, 59 and 99, this home offers easy access to the Greater Houston area. Plus, it boasts low property taxes, adding to its appeal. This well-cared-for home features several significant upgrades: • New AC System (2019): Enjoy optimal climate control. • New Water Heater (2019): Reliable hot water supply. • New Flooring (2020): Elegant and durable new flooring. • New Roof (2020): Ensuring protection and longevity. • Fully Remodeled 2 Bathrooms (2023): Modern fixtures and finishes. • New Fence (2023): Added privacy and security. • New Stove (2024): Perfect for culinary enthusiasts. Call for appointment now!

Investor Tools

Property Icon
$447,000
Estimated Property Value
$352,612Estimated Mortgage Balance
$94,388Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,682 /month
Positive
Cash Flow Estimate:
$894 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$672/month
$720/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,828
$430,000
2025
$75,400
$354,600
$430,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,828
$430,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$364,000
No
First
Aug 26, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$352,612
$88,388
20%
79%
$2,183/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,150/mo
$2,903/mo
+$247/mo
8.5%

Learn About the Market: Opportunity in Texas

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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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1515 Thunder Lake Ln | Property Details | No Agent List