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$579,000

NAL Estimated Property Value

16003 Morgan St, Sugar Land, TX, 77478

SoldInfo
7/17/26
Beds3 Beds
Baths4 Bath
Baths2,279 Sq Ft
price_per_sqft$256.69 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Wine Refrigerator, Electric Oven, Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer, Cooktop
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size2,363 sqft

Building Information

Year Built2014
Roof Type104
Garage Spaces2

Land Information

APN2862-00-001-0100-907
Lot Number10
SubdivisionThe Enclave At Lake Pointe
Land UseResidential
Legal DescriptionTHE ENCLAVE AT LAKE POINTE, BLOCK 1, LOT 10
Census Tract672100
Assessed Land Value$195,000
Assessed Improvement Value$346,550
Assessment Year2025

About this property

Stunning end-unit townhome in gated community with quick access to HWY 59 & HWY 6 features a tile roof, an elevator, high ceilings, plantation shutters and hardwood floors throughout. The inviting foyer has space for accent furniture and the open floor plan includes a living room surrounded by windows, coffered ceilings and a cast stone gas log fireplace. Formal dining room with butler’s pantry opens to gourmet island kitchen with breakfast bar, 42” cabinets, under mount lighting, granite counters with tile back splash, Bosch S/S appliances including a 5-burner gas cook top and wine fridge, refrigerator, washer/dryer stay with the home. Owner’s suite has a vaulted ceiling with arched Juliet door & balcony, sitting area, two closets and a private bath with granite counters, dual sinks, make-up vanity, built-in linen storage, whirlpool tub & shower w/seating. Secondary bedrooms have ensuite baths & brick fenced backyard has brick paved patio, beautiful landscaping & sprinkler system.

Investor Tools

Property Icon
$579,000
Estimated Property Value
$285,212Estimated Mortgage Balance
$294,669Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,510 /month
Positive
Cash Flow Estimate:
$1,170 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$753/month
$3,972/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,138
$541,550
2025
$195,000
$346,550
$541,550
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,138
$541,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$383,611
No
First
Oct 24, 2014
Nov 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$285,212
$293,788
50%
49%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,370/mo
$3,972/mo
$-1,602/mo
4.9%

Learn About the Market: Opportunity in Texas

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Explore

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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16003 Morgan St | Property Details | No Agent List