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Days34Days on Market
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$289,000

3115 Shady Ridge Trl, Sugar Land, TX, 77498

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,829 Sq Ft
price_per_sqft$158.01 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringVinyl

Exterior

Lot Size6,264 sqft

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces2

Land Information

APN8283-02-001-0240-907
Lot Number24
SubdivisionSummerfield Sec 2
Land UseResidential
Legal DescriptionSUMMERFIELD SEC 2, BLOCK 1, LOT 24
Census Tract672702
Assessed Land Value$42,900
Assessed Improvement Value$254,117
Assessment Year2025

About this property

Update one story 4 bedroom house zoned to desirable Fort Bend ISD. Newly installed vinyl plank flooring all through. Fresh interior and exterior paint. Updated shower in primary bathroom, new tub/shower in secondary bathroom. Kitchen has granite countertops and open to family room. Good size bedrooms have new ceiling fans. New faux wood blinds and lighting fixtures. Back patio and deck. Ready for its new owner.

Investor Tools

$0Estimated Mortgage Balance
$299,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

Interested in this property?

Hong Chen

Dreamland Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$515/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,690
$297,017
2025
$42,900
$254,117
$297,017
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,690
$297,017

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$297,017
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,150/mo
$600/mo
+$2,550/mo
12.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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