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$289,000

NAL Estimated Property Value

16311 Ginger Run Way, Sugar Land, TX, 77498

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.94 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile

Exterior

Private PoolPrivate Pool
Lot Size6,046 sqft

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces2

Land Information

APN8502-00-003-0520-907
Lot Number52
SubdivisionVillage Of Oak Lake R/P
Land UseResidential
Legal DescriptionVILLAGE OF OAK LAKE R/P, BLOCK 3, LOT 52
Census Tract672703
Assessed Land Value$47,424
Assessed Improvement Value$223,953
Assessment Year2025

About this property

Hot summer time....Swimming Pool... Yes, definitely enjoy now! In addition to the pool there is a retractable covered awning outside off of the breakfast room creating comfort and shade. This is a wonderful Four bedroom home at the end of a private cul-de-sac and close to the neighborhood mail box. Pleasing kitchen with ceramic tile floors, granite counter tops, stainless steel appliances built in microwave; all of this opens to the breakfast area and living place. Lots of light throughout this pleasing home. Great size family room with attractive ceramic tile planks that adjoin an extended mirrored dining room. Meticulous care was taken in transitions areas so that walking from room to room is made easier. Other pluses include a recent roof and entire wood fence in the rear. Take a deep. breath and enjoy this pleasurable home.

Investor Tools

Property Icon
$289,000
Estimated Property Value
$138,263Estimated Mortgage Balance
$150,737Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,734 /month
Positive
Cash Flow Estimate:
$578 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$429/month
$420/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,705
$271,377
2025
$47,424
$223,953
$271,377
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,705
$271,377

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Nation Mortgage Inc
Conventional
$150,000
No
First
Mar 7, 2022
Apr 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,263
$139,737
50%
48%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,150/mo
$1,320/mo
+$1,830/mo
13.1%

City: Sugar Land

16311 Ginger Run Way | Property Details | No Agent List