$392,000
NAL Estimated Property Value2902 Park Springs Ln, Sugar Land, TX, 77479
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Microwave, Gas Cooktop, Electric Oven
FlooringLaminate, Tile
Exterior
Lot Size9,402 sqft
Building Information
Year Built2003
Stories2
Roof Type105
Garage Spaces2
Land Information
APN6460-11-004-0200-901
Lot Number20
SubdivisionRiverpark Sec 11
Land UseResidential
Legal DescriptionRIVERPARK SEC 11, BLOCK 4, LOT 20
Census Tract674701
Assessed Land Value$63,538
Assessed Improvement Value$321,262
Assessment Year2025
About this property
Stunning 2 story home located on a corner lot. This home has been meticulously maintained by owner. Located right next to 99 and 59 for easy access. Features SS appliances and granite counter tops for all of your cooking needs. Huge walk in closet for every homeowners dream, huge master suite, and glass shower doors in master bath. Spacious backyard is ready for family gatherings, play dates with friends, BBQ, and so much more. Home is move in ready. Call today for this will not last!
Investor Tools
$392,000
Estimated Property Value
$219,351Estimated Mortgage Balance
$172,649Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,352 /month
Positive
Cash Flow Estimate:
$784 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$603/month
$750/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,280
$384,800
2025
$63,538
$321,262
$384,800
No
Tax History
Year
Tax Paid
Assessed Value
2025
$5,280
$384,800
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
R M K Financial Corp
Fha
$236,823
Yes
First
Feb 26, 2020
Mar 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,351
$188,649
46%
56%
$1,491/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,241/mo
+$339/mo
7.9%
