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$222,000

2611 Grants Lake Blvd Apt 154, Sugar Land, TX, 77479

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,230 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.16 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1983
Stories2

Land Information

APN3535-01-015-1540-907
SubdivisionGrants Lake Tempos Sec 1
Land UseResidential
Legal DescriptionGRANTS LAKE TEMPOS SEC 1, BLOCK 15, UNIT 154
Census Tract674002
Assessed Land Value$36,400
Assessed Improvement Value$174,977
Assessment Year2025

About this property

Location, Location, Location! Charming condo with immediate availability, located in Sugar Land's picturesque First Colony community of Grants Lake with views of the lake nearby. Zoned to the wonderful Clements High School. The soaring living room ceilings and loft-style make for a light and airy living space. Beautifully maintained with recent updates. Grants Lake offers ease of access to State Highway 6 and U.S. 59... just minutes to multiple park and recreation areas, entertainment venues, shopping as well as the everyday essentials. Will not last long, please call or text to schedule a showing today!

Investor Tools

Property Icon
$222,000
Estimated Property Value
$171,000Estimated Mortgage Balance
$73,867Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,332 /month
Positive
Cash Flow Estimate:
$444 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$437/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,134
$211,377
2025
$36,400
$174,977
$211,377
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,134
$211,377

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$171,000
No
First
Aug 8, 2019
Sep 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,133
$77,867
34%
67%
$1,026/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,026/mo
+$1,554/mo
13.9%

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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2611 Grants Lake Blvd Apt 154 | Property Details | No Agent List