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$229,000

NAL Estimated Property Value

2611 Grants Lake Blvd Apt 205, Sugar Land, TX, 77479

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,274 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.18 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Free-Standing Range, Dryer, Washer/Dryer Stacked, Washer, Dishwasher

Building Information

Year Built1983
Stories2
Roof Type105

Land Information

APN3535-01-020-2050-907
SubdivisionGrants Lake Tempos Sec 1
Land UseResidential
Legal DescriptionGRANTS LAKE TEMPOS SEC 1, BLOCK 20, UNIT 205
Census Tract674002
Assessed Land Value$36,400
Assessed Improvement Value$184,296
Assessment Year2025

About this property

Location! Location! Location! So very close to Hwy 6 and to Hwy 59 (69). End unit is well kept and in a great location with ample parking spaces. Two master bedrooms--one up and one down. Fenced front patio. Fireplace. Tile and laminate flooring. Refrigerator, washer and dryer included. Area pool and park very close. Minutes from Town Center, lots of dining places, tons of shopping, schools, parks, and medical facilities. Located in the heart of First Colony in very desirable school zones. Schedule your appointment today!

Investor Tools

Property Icon
$229,000
Estimated Property Value
$10,505Estimated Mortgage Balance
$218,495Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,374 /month
Positive
Cash Flow Estimate:
$458 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$455/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,316
$220,696
2025
$36,400
$184,296
$220,696
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,316
$220,696

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Inc
Conventional
$76,000
No
First
Nov 16, 2012
Dec 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$10,505
$221,495
95%
5%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
13.5%

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.

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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2611 Grants Lake Blvd Apt 205 | Property Details | No Agent List