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$426,089

16339 Mellow Oaks Ln, Sugar Land, TX, 77498

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,572 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$122.9 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size6,553 sqft

Building Information

Year Built2001
Stories2
Roof Type105
Garage Spaces2

Land Information

APN8502-05-007-0080-907
Lot Number8
SubdivisionVillage Of Oak Lake Sec 5
Land UseResidential
Legal DescriptionVILLAGE OF OAK LAKE SEC 5, BLOCK 7, LOT 8
Census Tract672702
Assessed Land Value$46,800
Assessed Improvement Value$379,289
Assessment Year2025

About this property

This gorgeous home beautifully renovated and move-in ready in Village of Oak Lake Subdivision of Sugar Land is a walking distance to elementary school/playground. A great location with low taxes the house has 5 bedrooms, 3.5 bathrooms, huge upstairs game room with pool table and media/flex room. Roof replaced in 2010; HVAC systems replaced 2017. Primary bedroom is downstairs with huge walk in closet and four other bedrooms upstairs. Formal living room, dining room, breakfast nook and laundry room. The large backyard is a great space to relax with large concrete patio to entertain. Mostly wood floors except for bedrooms, gameroom and media rooms that are carpeted. Granite countertops and lots of Cabinets. A sizable covered front balcony for outdoor relaxation. Schedule a showing as this beautiful home would go fast!

Investor Tools

Property Icon
$426,089
Estimated Property Value
$213,500Estimated Mortgage Balance
$227,140Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,634 /month
Positive
Cash Flow Estimate:
$878 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$733/month
$462/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,661
$426,089
2025
$46,800
$379,289
$426,089
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,661
$426,089

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$213,500
No
First
Sep 2, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,949
$227,140
53%
47%
$1,281/mo

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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