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$310,000

NAL Estimated Property Value

16831 Summerfield Ridge Ct, Sugar Land, TX, 77498

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,269 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$103.53 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Free-Standing Range
FlooringLaminate, Tile

Exterior

Lot Size6,608 sqft

Building Information

Year Built1997
Stories2
Roof Type105
Garage Spaces1

Land Information

APN8283-04-003-0640-907
Lot Number64
SubdivisionSummerfield Sec 4
Land UseResidential
Legal DescriptionSUMMERFIELD SEC 4, BLOCK 3, LOT 64
Census Tract672702
Assessed Land Value$45,760
Assessed Improvement Value$262,109
Assessment Year2025

About this property

This home is ready for you and your family. With 4 good sized bedrooms, large game room, open family/kitchen and a formal dining room you have a perfect family home. Even the yard is a great size. This home is located between the middle school and high school, both of these schools are highly regarded. This home features high end hand scraped look laminate for durability upstairs and large tile down and in wet areas. The kitchen offers granite counters, wood cabinets and tile floors. The breakfast room comes with a built in granite topped desk with drawers and cabinets. The master bath has granite counters, stand alone shower, large garden tub and huge closet. There is a really good sized game room. The secondary bath is also updated. You will love the yard size and new fence. The exterior was freshly painted as well. Fantastic location; close to everything!

Investor Tools

Property Icon
$310,000
Estimated Property Value
$201,573Estimated Mortgage Balance
$108,427Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$387/month
$462/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,091
$307,869
2025
$45,760
$262,109
$307,869
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,091
$307,869

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Solutions Of Colorado Llc
Fha
$228,288
Yes
First
May 27, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,573
$111,427
35%
65%
$1,369/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,150/mo
$1,831/mo
+$1,319/mo
12.2%

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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16831 Summerfield Ridge Ct | Property Details | No Agent List