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$275,000

NAL Estimated Property Value

1919 Michele Dr, Sugar Land, TX, 77498

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,483 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.02 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Ice Maker, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size9,205 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2640-00-004-0230-907
Lot Number23
SubdivisionCovington West
Land UseResidential
Legal DescriptionCOVINGTON WEST, BLOCK 4, LOT 23
Census Tract672305
Assessed Land Value$34,125
Assessed Improvement Value$200,961
Assessment Year2025

About this property

THIS HOME HAS GONE THROUGH A FULL UPDATE AND REMODEL and is now ready for showings. HURRY FAST to see this property in person because it will not last long on the market. This beautiful home has everything you would ever want inside with all NEW cabinets, exotic quartz counter tops, and brand new stainless steel appliances. The house has new engineered wood floors, and all new ceiling fans, and light fixtures. The Master bathroom is bright and is a must see in person with beautiful subway tile and exotic tiles and new bathroom vanity cabinet. The kitchen has also been fully updated with new white shaker cabinets, new quartz counter tops, and matte black fixtures and hardware. All of the appliances are brand new stainless steel appliances that finish off the kitchen. The entire home has new engineered hardwood floors throughout. The house has never flooded!

Investor Tools

Property Icon
$275,000
Estimated Property Value
$191,906Estimated Mortgage Balance
$83,094Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$324/month
$36/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,516
$235,086
2025
$34,125
$200,961
$235,086
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,516
$235,086

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$214,700
No
First
Nov 30, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$191,906
$86,094
30%
70%
$1,288/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$1,324/mo
+$1,116/mo
10.6%

City: Sugar Land

1919 Michele Dr | Property Details | No Agent List