$194,900
1538 Briarbank Drive, Missouri City, TX, 77498
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size10,710 sqft
Building Information
Year Built1974
Stories1
Roof Type105
Garage Spaces2
Land Information
APN2650-03-016-1400-907
Lot Number14
SubdivisionCovington Woods Sec 3
Land UseResidential
Legal DescriptionCOVINGTON WOODS SEC 3, BLOCK 16, LOT 14
Census Tract672306
Assessed Land Value$44,850
Assessed Improvement Value$209,144
Assessment Year2025
About this property
Three bedroom, two bath home with a two-car detached garage located in an established neighborhood within Sugar Land.
Investor Tools
$49,417Estimated Mortgage Balance
$239,583Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,734 /month
Positive
Cash Flow Estimate:
$578 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$357/month
$232/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,837
$253,994
2025
$44,850
$209,144
$253,994
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,837
$253,994
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ricardo Wilson
Open End Mortgage / Open End With Future Advance Clause
$50,000
No
First
Sep 26, 2025
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$49,417
$239,583
82%
17%
$300/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$532/mo
+$1,908/mo
10.1%
