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$263,000

NAL Estimated Property Value

2310 Grind Stone Ln, Sugar Land, TX, 77498

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,544 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.07 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer, Refrigerator, Dishwasher, Disposal, Electric Range, Electric Oven
FlooringTile, Wood

Exterior

Lot Size6,527 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5785-01-005-0220-907
Lot Number22
SubdivisionPheasant Creek Sec 1
Land UseResidential
Legal DescriptionPHEASANT CREEK SEC 1, BLOCK 5, LOT 22
Census Tract672702
Assessed Land Value$32,110
Assessed Improvement Value$201,249
Assessment Year2025

About this property

BEAUTIFULLY UPDATED 3 bedroom, 2 bath home in Pheasant Creek. May 2019: new counters/backsplash, flooring (no carpet), freshly paint throughout, and new kitchen appliances. All this on a quiet cul de sac in award winning Fort Bend ISD schools. The home features high ceilings, open floor plan, formal dining room, new breakfast bar, huge fireplace, and spacious bedrooms. Outside is a covered patio. Shopping and dining are close by. You don't want to miss this beautiful home! Note: home is tenant occupied.

Investor Tools

Property Icon
$263,000
Estimated Property Value
$122,083Estimated Mortgage Balance
$140,917Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,578 /month
Positive
Cash Flow Estimate:
$526 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$417/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,685
$233,359
2025
$32,110
$201,249
$233,359
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,685
$233,359

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$136,040
No
First
Jan 20, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$122,083
$144,917
54%
46%
$816/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$816/mo
+$1,624/mo
11.1%

Learn About the Market: Opportunity in Texas

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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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2310 Grind Stone Ln | Property Details | No Agent List