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$281,157

2927 Great Lakes Ave, Sugar Land, TX, 77479

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,383 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.61 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dryer, Dishwasher, Refrigerator, Washer
FlooringLaminate, Tile

Exterior

Lot Size6,795 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APN4762-01-005-0190-907
Lot Number19
SubdivisionLakefield Sec 1
Land UseResidential
Legal DescriptionLAKEFIELD SEC 1, BLOCK 5, LOT 19
Census Tract674301
Assessed Land Value$45,045
Assessed Improvement Value$236,112
Assessment Year2025

About this property

Charming one-story rental located in the desirable Lakefield community of Sugar Land. This traditional free-standing home offers three bedrooms and two full baths, all conveniently situated on the first floor, along with a spacious living and family area featuring a cozy fireplace. The kitchen comes equipped with a gas range, electric oven, microwave, dishwasher, and includes a refrigerator, washer, and dryer for added convenience. Enjoy laminate and tile flooring throughout, ceiling fans, central laundry, and a screened porch overlooking a fully fenced backyard on a corner lot, perfect for relaxing or entertaining. The home also features a two-car attached garage and access to the neighborhood area pool and lake. Zoned to highly regarded Fort Bend ISD schools including Austin Parkway Elementary, First Colony Middle School, and Clements High School, this home is available for immediate move-in and ideal for long-term tenants seeking comfort and a prime Sugar Land location.

Investor Tools

Property Icon
$281,157
Estimated Property Value
$196,000Estimated Mortgage Balance
$86,007Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,687 /month
Positive
Cash Flow Estimate:
$562 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$392/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,299
$281,157
2025
$45,045
$236,112
$281,157
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,299
$281,157

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Acc Mortgage Inc
Conventional
$196,000
No
First
Feb 12, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,150
$86,007
30%
69%
$1,176/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,176/mo
+$1,404/mo
11.0%

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.

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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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2927 Great Lakes Ave | Property Details | No Agent List