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B+

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Owner Contacts

$388,562

2818 Richland Spring Ln, Sugar Land, TX, 77479

Off Market

4 Beds

3 Bath

3,406 Sq Ft

Single Family Residence

$84.85 / sqft

Built in 2003

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

FlooringCarpet, Tile

Exterior

Lot Size8,780 sqft

Building Information

Year Built2003

Stories2

Roof Type105

Garage Spaces2

Land Information

APN6460-11-001-0330-901

Lot Number33

SubdivisionRiverpark Sec 11

Land UseResidential

Legal DescriptionRIVERPARK SEC 11, BLOCK 1, LOT 33

Census Tract674701

Assessed Land Value$61,991

Assessed Improvement Value$326,571

Assessment Year2025

About this property

WOW! Stunning, spacious home on quiet cul-de-sac street w/ mature trees & sidewalks. This beautiful home is move-in ready & loaded with fresh updates that are sure to impress! Neutral color scheme on walls/cabinets & recent updates include wood-look tile & carpet (12/20). Welcoming 2-story entry leads to both formals + separate living room. HUGE living room w/ cozy fireplace, soaring ceilings, open kitchen w/ breakfast bar. Living room overlooks amazing oversized backyard w/ park-like setting & no rear neighbors. Kitchen features *new in 2021* gas stainless range & custom built-ins w/ work space, TONS of storage & step-in pantry. Light, bright hall leads to French doors of study/library/downstairs guest bed. Large game room up separates primary from guests. Fresh neutral paint in & out. Riverpark is conveniently located near 99 & 59 which makes for an easy commute! Bike to parks, pool & restaurants. Located near Memorial Herman Sugar Land, HEB, Buc-ee's & more!

Investor Tools

$388,562

Estimated Property Value

$260,300Estimated Mortgage Balance

$89,487Estimated Equity

33% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,331 /month

Positive

Cash Flow Estimate:

$777 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$608/month

$850/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,348

$388,562

2025

$61,991

$326,571

$388,562

Tax History

Year

Tax Paid

Assessed Value

2025

$5,348

$388,562

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$260,300

First

Feb 12, 2021

Mar 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$299,075

$89,487

23%

77%

$1,964/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

$2,814/mo

+$526/mo

10.3%

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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