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$254,000

NAL Estimated Property Value

1623 Jo Ann Lane, Sugar Land, TX, 77498

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,419 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.27 / sqft
Year BuiltBuilt in 1983

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringTile

Exterior

Lot Size9,520 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6000-01-005-0120-907
Lot Number12
SubdivisionRagus Lake Estates Sec 1
Land UseResidential
Legal DescriptionRAGUS LAKE ESTATES SEC 1, BLOCK 5, LOT 12
Census Tract672305
Assessed Land Value$54,269
Assessed Improvement Value$186,321
Assessment Year2025

About this property

Great starter home on large lot. Move-in ready 3 bedroom, 2 full bathroom rancher in quiet, friendly neighborhood. Recent updates include high efficiency AC & ductwork (2019), PEX pipes throughout (2018), LED daylight light fixtures (2020), water heater (2019) and interior paint (2020). Open floor plan includes a spacious family room featuring a high vaulted ceiling and brick gas-log fireplace. Remodeled kitchen offers butcher block solid wood counters, pretty painted cabinets with updated hardware, new dishwasher (2020), oven (2016), microwave and refrigerator (2015). All appliances are included in the sale including wash machine and dryer! Owner's suite with en suite bathroom, vanity area and walk-in closet. Private fenced back yard with large storage shed. 2-car attached garage with double wide driveway. Easy to maintain brick and HardiePlank exterior. Short walk to neighborhood playground. Close to everything. Never flooded. Top-ranked FBISD Schools! Call today to schedule a tour.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$474/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,421
$240,590
2025
$54,269
$186,321
$240,590
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,421
$240,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Top One Mortgage
Conventional
$161,250
No
First
Nov 17, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$144,131
$109,869
43%
57%
$967/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$967/mo
+$1,473/mo
11.5%

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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1623 Jo Ann Lane | Property Details | No Agent List