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$409,000

NAL Estimated Property Value

1543 Locke Ln, Sugar Land, TX, 77478

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,525 Sq Ft
price_per_sqft$133.07 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringCarpet

Exterior

Lot Size5,730 sqft

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces2

Land Information

APN7550-26-002-0110-907
Lot Number11
SubdivisionSugar Creek Sec 26
Land UseResidential
Legal DescriptionSUGAR CREEK SEC 26, BLOCK 2, LOT 11
Census Tract671700
Assessed Land Value$49,400
Assessed Improvement Value$266,720
Assessment Year2025

About this property

One-story living in Incomparable Sugar Creek. A covered porch and gated courtyard entry welcomes you to the patio home. Wonderful floor plan features two large living rooms! Spacious kitchen and baths have been updated. The primary suite features a jetted tub, separate shower, double sinks and a huge closets. Energy efficient windows. Expanded driveway. Extended private garden patio with pergola offers lots of outdoor living space to enjoy. Convenient location and accessibility, Hone being sold AS IS. Low Tax Rate!

Investor Tools

Property Icon
$409,000
Estimated Property Value
$301,657Estimated Mortgage Balance
$107,343Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,454 /month
Positive
Cash Flow Estimate:
$818 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$495/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,893
$316,120
2025
$49,400
$266,720
$316,120
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2025
$3,893
$316,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Next Door Lending Llc
Conventional
$256,000
No
First
May 5, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$301,657
$148,343
32%
74%
$1,895/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,370/mo
$2,545/mo
$-175/mo
7.0%

City: Sugar Land

1543 Locke Ln | Property Details | No Agent List