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$398,000

2299 Lone Star Drive 406, Sugar Land, TX, 77479

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,478 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$269.28 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Washer/Dryer Stacked, Dishwasher, Refrigerator
FlooringBamboo, Tile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2004
Stories1

Land Information

APN2305-01-000-0524-907
SubdivisionCity Plaza At Town Square
Land UseResidential
Legal DescriptionCITYPLAZA AT TOWN SQUARE, UNIT 524
Census Tract674002
Assessed Improvement Value$263,375
Assessment Year2025

About this property

Experience LUXURY living in this exceptional 4th-floor City Plaza condo overlooking the pool, offering 1,478 SF of refined living space W/2 bedrooms, each featuring its own private bathroom. Stunning NEW wood flooring and fresh NEW paint flow throughout the bright, open-concept living and dining areas as well as both bedrooms, enhancing the home’s modern and elegant appeal. Step onto your private balcony and enjoy peaceful resort-style POOL VIEWS with the added privacy of having NO Neighbors above. kitchen is fully equipped W/NEW cooktop, granite countertops, and ample cabinetry, while the spacious utility room is conveniently adjacent. GATED access and Two ASSIGNED parking spaces in the garage provide both security and convenience. Residents of City Plaza enjoy OUTSTANDING amenities including resort-style pool & spa, party room, clubhouse, theater rooms W/15 reclining seats. Easy access to HWY 59, 6, 90. Walking distance to Whole Foods Market, Fine Restaurants and MORE...

Investor Tools

$77,791Estimated Mortgage Balance
$417,209Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

Interested in this property?

Shannon Gao

REALM Real Estate Professionals - Sugar Land

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$482/month
$926/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,307
$263,375
2025
N/A
$263,375
$263,375
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,307
$263,375

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Countrywide Home Loans Inc
Unknown
$169,600
No
First
Feb 6, 2006
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$77,791
$417,209
84%
16%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$926/mo
+$714/mo
4.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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 Drive 406 | Property Details | No Agent List