$1,900
2822 Great Lakes Ave, Sugar Land, TX, 77479
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Microwave
FlooringTile, Wood
Exterior
Lot Size6,849 sqft
Building Information
Year Built1984
Stories2
Roof Type105
Garage Spaces2
Land Information
APN4762-01-011-0040-907
Lot Number4
SubdivisionLakefield Sec 1
Land UseResidential
Legal DescriptionLAKEFIELD SEC 1, BLOCK 11, LOT 4
Census Tract674301
Assessed Land Value$40,653
Assessed Improvement Value$229,347
Assessment Year2025
About this property
Lovely 3 bedroom home in desirable Lakefield. No back neighbors. Home features one bedroom down which is not the primary bedroom. Primary bedroom and another bedroom are located upstairs. Kitchen has stainless steel appliances and breakfast bar; Kitchen open to family room and breakfast area. No carpet in the home. Refrigerator, washer and dryer are included. Walking distance to the First Colony Aquatic Center and close to HEB and more shopping. Desirable exemplary schools with a super convenient location. A must see!
Investor Tools
$120,182Estimated Mortgage Balance
$166,798Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,716 /month
Positive
Cash Flow Estimate:
$572 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$533/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,962
$270,000
2025
$40,653
$229,347
$270,000
No
Tax History
Year
Tax Paid
Assessed Value
2025
$4,962
$270,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gibraltar Mortgage Services Llc
Conventional
$135,000
No
First
Sep 29, 2020
Oct 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$120,182
$168,818
58%
42%
$810/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$810/mo
+$1,770/mo
10.8%
