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Owner Contacts

$497,000

NAL Estimated Property Value

3002 Prairie Pl, Sugar Land, TX, 77479

Off Market

4 Beds

2 Bath

2,912 Sq Ft

Single Family Residence

$0.84 / sqft

Built in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Microwave, Electric Range, Electric Oven

FlooringCarpet

Building Information

Year Built1984

Stories2

Roof Type105

Garage Spaces2

Land Information

APN7490-00-001-0010-907

Lot Number1

SubdivisionStephens Grant

Land UseResidential

Legal DescriptionSTEPHENS GRANT , BLOCK 1, LOT 1

Census Tract674002

Assessed Land Value$58,500

Assessed Improvement Value$385,600

Assessment Year2025

About this property

CUL-DE-SAC LOT, REMODELED HOME! Beautiful home in the heart of Sugar Land. This perfect Perry home located in Stephens Grant and zoned to an excellent school district features four bedroom, three & half bathroom home. Easily maintained & beautifully landscaped yard w/winding driveway greets you as you come home. Walk through the entry & notice the gleaming hardwood floors guiding you throughout the home from the Study, to Formal Dining Room & into the hub of the home with it's open concept Living Area, Kitchen & Breakfast Room. This large living space is perfect for entertaining & for just the family. Enjoy the large kitchen w/plenty of storage with both its' counter space & tons of custom cabinetry. Slip away into your large Master retreat with plenty of room for a small sitting area, large master bed, and spa-like master bathroom. The secondary bedrooms and game room on the second floor are perfectly sized. The backyard large enough for an outdoor entertaining area.

Investor Tools

$497,000

Estimated Property Value

$21,420Estimated Mortgage Balance

$475,580Estimated Equity

95% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,982 /month

Positive

Cash Flow Estimate:

$994 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$756/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,592

$444,100

2025

$58,500

$385,600

$444,100

Tax History

Year

Tax Paid

Assessed Value

2025

$6,592

$444,100

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Homeway Mortgage

Conventional

$162,240

First

Oct 12, 2012

Nov 2027

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$21,420

$488,580

95%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

N/A

+$3,340/mo

8.1%

Learn About the Market: Opportunity in Texas

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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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