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$297,000

NAL Estimated Property Value

16422 Elmwood Point Ln, Sugar Land, TX, 77498

SoldInfo
7/17/26
Beds3 Beds
Baths3 Bath
Baths2,030 Sq Ft
price_per_sqft$147.78 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Microwave, Gas Cooktop, Dishwasher
FlooringLaminate

Exterior

Lot Size6,249 sqft

Building Information

Year Built1991
Stories2
Roof Type105
Garage Spaces2

Land Information

APN8502-00-007-0610-907
Lot Number61
SubdivisionVillage Of Oak Lake R/P
Land UseResidential
Legal DescriptionVILLAGE OF OAK LAKE R/P, BLOCK 7, LOT 61
Census Tract672702
Assessed Land Value$46,800
Assessed Improvement Value$228,285
Assessment Year2025

About this property

Discover the perfect family home in this lovely two-story residence, featuring three spacious bedrooms, including a prime suite conveniently located on the second floor. With 2.5 beautifully appointed bathrooms, a generously sized kitchen for culinary creations, and a fantastic game room or loft area upstairs, this layout is designed for both comfort and fun. Brand new roof and new vinyl wood floor, some updated light fixtures. Located in Fort Bend ISD and just minutes from major freeways with immediate access to everything Sugar Land offers. Don’t miss the opportunity to make this dream home yours!

Investor Tools

Property Icon
$297,000
Estimated Property Value
$111,055Estimated Mortgage Balance
$185,945Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$583/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,515
$275,085
2025
$46,800
$228,285
$275,085
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,515
$275,085

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$146,250
No
First
Jun 4, 2015
Jul 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$111,055
$185,945
62%
37%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$550/mo
+$1,890/mo
9.9%

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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16422 Elmwood Point Ln | Property Details | No Agent List