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$324,900

$339,000

223 W New Meadows Drive, Sugar Land, TX, 77479

On MarketInfo
Just AddedInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,896 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.36 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Travertine, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesSprinkler System
Lot Size8,587 sqft

Building Information

Year Built1991
Stories1
Roof Type105
Garage Spaces2

Land Information

APN4010-01-002-0180-907
Lot Number18
SubdivisionHigh Meadows Sec 1
Land UseResidential
Legal DescriptionHIGH MEADOWS SEC 1, BLOCK 2, LOT 18, R/P SEC 1-A
Census Tract673802
Assessed Land Value$50,830
Assessed Improvement Value$297,170
Assessment Year2025

About this property

Beautiful one-story home in sought-after New Territory featuring 3 bedrooms, 2 bathrooms, and a private backyard pool. This move-in ready home offers gorgeous wood floors, travertine tile and carpet in bedrooms creating a warm and timeless feel. The open layout is filled with natural light and offers comfortable living and entertaining spaces. The spacious kitchen flows seamlessly into the living area, while the primary suite provides a relaxing retreat overlooking the backyard. Recent A/C system, tankless water heater and pool pump installed. Step outside to enjoy your sparkling pool and outdoor space perfect for summer gatherings or quiet evenings at home. Located in the heart of Sugar Land with access to top-rated Fort Bend ISD schools, neighborhood pools, parks, trails, tennis courts, shopping, dining, and convenient access to major highways.

Investor Tools

$216,306Estimated Mortgage Balance
$131,694Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,088 /month
Positive
Cash Flow Estimate:
$696 /month

Interested in this property?

Tara Flores

Keller Williams Realty Southwest

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$515/month
$1,285/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,435
$348,000
2025
$50,830
$297,170
$348,000
Yes (2012)

Tax History

Year
Tax Paid
Assessed Value
2025
$4,435
$348,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Fha
$235,653
Yes
First
Feb 19, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$216,306
$131,694
37%
62%
$1,475/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,760/mo
$-180/mo
8.9%

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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223 W New Meadows Drive | Property Details | No Agent List