$295,000
1534 Alderbrook Drive, Sugar Land, TX, 77498
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
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
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%
