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$295,000

1534 Alderbrook Drive, Sugar Land, TX, 77498

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,764 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.23 / sqft
Year BuiltBuilt in 1973

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
AppliancesDisposal, Electric Oven, Electric Cooktop, Dishwasher
FlooringTile

Exterior

Lot Size12,221 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2650-01-002-3300-907
Lot Number33
SubdivisionCovington Woods Sec 1
Land UseResidential
Legal DescriptionCOVINGTON WOODS SEC 1, BLOCK 2, LOT 33
Census Tract672306
Assessed Land Value$43,875
Assessed Improvement Value$202,654
Assessment Year2025

About this property

Nice quiet home at the end of the cul-de-sac, over 12,000 square foot lot. This charming home comes with tile floors throughout , a four bedroom two bath home that has a possible fifth bedroom in the front of the home. The front room has window and a closet. There is also a eating room off of the kitchen. Breakfast area, laundry room and two car attached garage. Outside the back door this home has a large paver patio. Located in the city of Sugar Land and a stone's throw from the neighborhoods swimming pool, playground and tennis/pickle ball court.

Investor Tools

$36,790Estimated Mortgage Balance
$252,210Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

Interested in this property?

Matt Dietz

Sugar Land Homes

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$498/month
$232/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,531
$246,529
2025
$43,875
$202,654
$246,529
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,531
$246,529

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sterling Capital Mtg Company
N/A
$63,000
N/A
First
May 14, 1999
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$36,790
$252,210
87%
13%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$232/mo
+$2,208/mo
10.1%

City: Sugar Land