10Days on Market

1view

$419,999

2902 Colony Drive, Sugar Land, TX, 77479

On Market

Just Added

4 Beds

3 Bath

2,253 Sq Ft

Single Family Residence

$186.42 / sqft

Built in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Dishwasher

Exterior

Lot Size8,050 sqft

Building Information

Year Built1979

Stories2

Roof Type105

Garage Spaces2

Land Information

APN2610-01-014-0020-907

Lot Number2

SubdivisionColony Bend Sec 1

Land UseResidential

Legal DescriptionCOLONY BEND SEC 1, BLOCK 14, LOT 2

Census Tract674002

Assessed Land Value$98,800

Assessed Improvement Value$242,889

Assessment Year2025

About this property

Fully Renovated & Move-In Ready! Welcome to 2902 Colony Dr, an exceptional 4-bedroom, 2.5-bathroom turnkey residence offering 2,253 sq. ft. of pristine, modernized living space. Situated on a prime corner lot in Sugar Land’s highly coveted Colony Bend neighborhood, this home has been meticulously updated from top to bottom with premium upgrades. Roof Completely replaced in May 2026 for ultimate peace of mind. Fresh Flooring: Brand new carpet installed upstairs (May 2026) paired with fresh, modern flooring throughout the lower level. Garage features a completely renovated interior with recess lighting and a new garage door installed in Sept.2025. Energy Efficiency: Upgraded with premium foam insulation in the attic, brand-new attic door, and replaced A/C ducts for low utility bills. Structural Peace of Mind: Professional foundation adjustments completed with transferable waranty. Highly Rated Fort Bend Schools and minutes away from major local hubs. NEW Water Heater and Carrier AC

Investor Tools

$178,432Estimated Mortgage Balance

$197,568Estimated Equity

52% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,520 /month

Positive

Cash Flow Estimate:

$840 /month

Interested in this property?

Juan Lara

INNOVA Realty Group

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$714/month

$767/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,683

$341,689

2025

$98,800

$242,889

$341,689

Tax History

Year

Tax Paid

Assessed Value

2025

$6,683

$341,689

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bbva Usa

Conventional

$202,500

First

May 20, 2020

Jun 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$178,432

$197,568

52%

47%

$1,215/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

$1,982/mo

+$1,358/mo

10.7%

Learn About the Market: Opportunity in Texas

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 This Area