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B+
NoAgentList RatingHow are grades calculated? Info

$394,841

2299 Lone Star Dr Apt 317, Sugar Land, TX, 77479

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,350 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$226.3 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Dishwasher, Disposal, Microwave, Electric Cooktop, Electric Oven, Washer/Dryer
FlooringWood

Building Information

Year Built2004
Stories1

Land Information

APN2305-01-000-0317-907
SubdivisionCity Plaza At Town Square
Land UseResidential
Legal DescriptionCITYPLAZA AT TOWN SQUARE, UNIT 317
Census Tract674002
Assessed Improvement Value$394,841
Assessment Year2025

About this property

This condo is tenant occupied until March 31, 2020. Receive income until you occupy or continue to lease out. This third floor condo has a large kitchen, dining and living room combo. The kitchen features stainless refrigerator, microwave, dishwasher, sink, glass cooktop and full size oven. The master bedroom and bath with walk in closet are spacious and make you feel right at home. City Plaza is located in the heart of Sugar Land Town Square across from the City Hall and Marriott Hotel. This is a true lock and go community with only 167 condos. The community features include private parking garage with assigned spaces, a resort styled pool with heated hot tub, two gas grills, a 15 person movie theater and a clubroom on the first floor with a convenient kitchen outfitted with oven, refrigerator, and microwave perfect for hosting parties. This is a very unique community walking distance to First Colony Mall and over 100 boutique restaurants and retailers. Call for a private showing.

Investor Tools

Property Icon
$394,841
Estimated Property Value
$215,000Estimated Mortgage Balance
$208,592Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,369 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$808/month
$505/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,722
$394,841
2025
N/A
$394,841
$394,841
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,722
$394,841

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$215,000
No
First
Aug 14, 2019
Sep 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,249
$208,592
52%
47%
$1,290/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,795/mo
+$785/mo
7.8%

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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2299 Lone Star Dr Apt 317 | Property Details | No Agent List