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$387,000

NAL Estimated Property Value

16102 Old Richmond Rd, Sugar Land, TX, 77498

$503,100 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths742 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$539.08 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
AppliancesGas Range

Exterior

Lot Size1.06 acres

Building Information

Year Built1950
Stories1
Roof Type105

Land Information

APN0009-00-000-6901-907
SubdivisionM M Battle
Land UseResidential
Legal Description0009 M M BATTLE, ACRES 1.06
Census Tract672703
Assessed Land Value$306,502
Assessed Improvement Value$35,164
Assessment Year2025

About this property

Seize this incredible opportunity to acquire unrestricted land situated on a prime frontage road! With a lot value only proposition, this 1.06-acre parcel presents a blank canvas for your business or homestead endeavors. Whether you envision a bustling business, a tranquil retreat, or something entirely different, the possibilities are endless. Conveniently located just off West Bellfort on Old Richmond Road Frontage, this property offers exceptional accessibility. In addition to the land, the property features a 742 square foot fixer-upper home with 2-bedrooms & 1-bathroom. Rest assured, this property is situated outside of the special flood area and has never experienced flooding. With a low tax rate and close proximity to major thoroughfares such as the West Park Tollway, Highway 6, I-10, and 99, this location offers unparalleled convenience and connectivity. Don't miss out on this rare chance to own a piece of land with boundless potential your business or homesteading adventures.

Investor Tools

Property Icon
$387,000
Estimated Property Value
$0Estimated Mortgage Balance
$387,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$503,100
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$353/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,299
$320,584
2025
$306,502
$35,164
$341,666
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2025
$2,299
$320,584

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$397,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,850/mo
N/A
+$1,850/mo
5.7%

City: Sugar Land

16102 Old Richmond Rd | Property Details | No Agent List