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$228,398

2930 Grants Lake Blvd Apt 2205, Sugar Land, TX, 77479

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,152 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.56 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1990
Stories2
Roof Type105

Land Information

APN8090-02-022-2205-907
SubdivisionThe Towns Of Grants Lake Sec 2
Land UseResidential
Legal DescriptionTHE TOWNS OF GRANTS LAKE SEC 2, UNIT 2205 BLDG 22
Census Tract674002
Assessed Land Value$42,900
Assessed Improvement Value$185,498
Assessment Year2025

About this property

This lovely townhome has 2 bedrooms upstairs, each with its own private bath. The downstairs is all tiled and includes a large living room with fireplace and an island kitchen with breakfast room, plus walk-in pantry. The sliding glass door opens to a very large decked patio with a built-in grill and storage closet. The covered parking space is directly behind the unit! The location provides easy access to Highway 6 and US59. Walking distance to the First Colony Library and Post Office and even the First Colony Mall. Move-in ready and priced so that you can make this townhouse your home! WASHER, DRYER AND REFRIGERATOR INCLUDED!!!

Investor Tools

Property Icon
$228,398
Estimated Property Value
$155,330Estimated Mortgage Balance
$81,361Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,370 /month
Positive
Cash Flow Estimate:
$457 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$467/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,467
$228,398
2025
$42,900
$185,498
$228,398
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,467
$228,398

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$155,330
No
First
Jun 8, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,037
$81,361
35%
64%
$932/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$932/mo
+$1,648/mo
13.6%

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.

Explore Texas Explore This Area
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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2930 Grants Lake Blvd Apt 2205 | Property Details | No Agent List