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$224,000

NAL Estimated Property Value

2611 Grants Lake Blvd Apt 186, Sugar Land, TX, 77479

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,230 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$156.1 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer, Refrigerator, Dishwasher, Disposal, Microwave, Electric Range, Convection Oven, Electric Oven, Washer/Dryer Stacked, Washer/Dryer
FlooringCarpet, Laminate, Tile

Building Information

Year Built1983
Stories2
Roof Type105

Land Information

APN3535-01-018-1860-907
SubdivisionGrants Lake Tempos Sec 1
Land UseResidential
Legal DescriptionGRANTS LAKE TEMPOS SEC 1, BLOCK 18, UNIT 186 BLDG 18
Census Tract674002
Assessed Land Value$36,400
Assessed Improvement Value$177,194
Assessment Year2025

About this property

Beautiful and rare find in a prime location, this charming 2-bedroom townhome has been extensively updated and is ready for move in! In addition to a large living area and comfortable kitchen, the home has two master-sized bedrooms, one up and one down. The loft space upstairs would make a wonderful office. Home updates include stainless appliances with convection oven, granite counters in kitchen and baths, glass tile backsplash, cabinets, sinks, fans, fixtures, new carpet, laminate flooring & paint. Complete with a cozy fireplace & a shady, fenced patio, there is also tons of storage with 2 pantries & 6 closets. The home is located near Sugar Land Town Center & First Colony Mall. You'll love living in Grants Lake! Ft. Bend ISD! Never flooded! Refrigerator, washer and dryer included!

Investor Tools

Property Icon
$224,000
Estimated Property Value
$133,349Estimated Mortgage Balance
$90,651Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,344 /month
Positive
Cash Flow Estimate:
$448 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$176/month
$381/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$993
$213,594
2025
$36,400
$177,194
$213,594
No

Tax History

Year
Tax Paid
Assessed Value
2025
$993
$213,594

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homebridge Financial Services Inc
Conventional
$153,600
No
First
Sep 6, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,349
$93,651
41%
60%
$921/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,302/mo
+$658/mo
10.5%

City: Sugar Land

2611 Grants Lake Blvd Apt 186 | Property Details | No Agent List