$255,000
NAL Estimated Property Value16322 Elmwood Point Lane, Sugar Land, TX, 77498
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDisposal, Gas Oven, Gas Cooktop, Dishwasher
FlooringCarpet, Laminate, Tile
Exterior
Lot Size6,455 sqft
Building Information
Year Built1987
Stories1
Roof Type105
Garage Spaces2
Land Information
APN8502-00-002-0930-907
Lot Number93
SubdivisionVillage Of Oak Lake R/P
Land UseResidential
Legal DescriptionVILLAGE OF OAK LAKE R/P, BLOCK 2, LOT 93
Census Tract672703
Assessed Land Value$49,920
Assessed Improvement Value$176,376
Assessment Year2025
About this property
Comfortable one story home located on a cul-de-sac street in an established neighborhood. Open kitchen area with gas cook top and stove that looks out at the family room and dining area. Hard services throughout home except for one bedroom that has carpet. Attached two car garage that houses the air conditioner and hot water tank. Pleasant covered patio and back yard big enough for the family BBQ.
Investor Tools
$255,000
Estimated Property Value
$202,592Estimated Mortgage Balance
$52,408Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$343/month
$462/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,844
$226,296
2025
$49,920
$176,376
$226,296
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,844
$226,296
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$217,800
No
First
Aug 10, 2022
Sep 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,592
$52,408
20%
79%
$1,306/mo
