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$612,000

NAL Estimated Property Value

15923 Morgan St, Sugar Land, TX, 77478

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,450 Sq Ft
price_per_sqft$189.8 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringTile, Wood

Exterior

Lot Size1,824 sqft

Building Information

Year Built2013
Roof Type105
Garage Spaces2

Land Information

APN2862-00-003-0060-907
Lot Number6
SubdivisionThe Enclave At Lake Pointe
Land UseResidential
Legal DescriptionTHE ENCLAVE AT LAKE POINTE, BLOCK 3, LOT 6
Census Tract672100
Assessed Land Value$195,000
Assessed Improvement Value$373,370
Assessment Year2025

About this property

Located in the heart of Sugar Land, this gorgeous 3/3.5 townhome offers a lock n' leave lifestyle in the prestigious gated community of The Enclave @Lake Pointe. The home offers a spacious open floor plan with featuring beautiful oak hardwoods, an ELEVATOR, 5.1 surround sound speaker system, built-in central vacuum system, water softener, recently painted interior, & ample storage space throughout. The first floor has a bedroom and full bath w/access to the large rear brick paver courtyard with landscaping. The 2nd floor provides the perfect space for entertaining guests w/ a sunken living room & gas fireplace. The luxurious kitchen has Bosch SS appliances, quartz counters & island & wine refrigerator. On the 3rd floor, you will find the relaxing master suite featuring 3 spacious walk-in closets & your very own spa-like master bath, 3rd spacious bedroom w/en suite bath and laundry room. Fabulous restaurants, great shopping, walking trails/parks, all within minutes of your front door.

Investor Tools

Property Icon
$612,000
Estimated Property Value
$386,769Estimated Mortgage Balance
$225,231Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,672 /month
Positive
Cash Flow Estimate:
$1,224 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$993/month
$905/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,850
$568,370
2025
$195,000
$373,370
$568,370
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,850
$568,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Republic State Mortgage Co
Conventional
$428,450
No
First
Apr 26, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$386,769
$230,231
37%
63%
$2,569/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,370/mo
$3,474/mo
$-1,104/mo
4.6%

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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15923 Morgan St | Property Details | No Agent List