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$416,000

NAL Estimated Property Value

3218 E Farmington Ln, Sugar Land, TX, 77479

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,818 Sq Ft
price_per_sqft$113.56 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Double Oven, Electric Oven, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Laminate, Tile

Exterior

Lot Size8,740 sqft

Building Information

Year Built1983
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2610-04-006-0040-907
Lot Number4
SubdivisionColony Bend Sec 4
Land UseResidential
Legal DescriptionCOLONY BEND SEC 4, BLOCK 6, LOT 4
Census Tract674100
Assessed Land Value$98,280
Assessed Improvement Value$262,907
Assessment Year2025

About this property

Beautifully updated brick 2-story traditional in the premium section of Colony Bend. Walk through the new front door & enter into this stately & welcoming home. Remodeled kitchen features granite counters, tiled back splash, large walk-in pantry, recessed lighting, stainless appliances including refrigerator. Kitchen opens to breakfast & living room w/brick-surround fireplace. Formal dining is located off of 2-story foyer entry & features beautiful French doors. Huge master bedrm downstairs w/ensuite bath features updated new tiles, double sinks, granite counters, faucets, fixtures, shower, & Jacuzzi tub. All secondary bedrms, bathrm, & gamerm are spacious. Brand new backdoor leads to fenced yard space w/a playset. Updated & ready for you to move into this home zoned to Clements HS. Walk to Colony Bend Elementary & First Colony MS. Enjoy a 3-min walk to Colony Bend park. Conveniently close to many restaurants, shops, library, community amenities in well established First Colony.

Investor Tools

Property Icon
$416,000
Estimated Property Value
$216,883Estimated Mortgage Balance
$199,117Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,496 /month
Positive
Cash Flow Estimate:
$832 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$762/month
$730/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,064
$361,187
2025
$98,280
$262,907
$361,187
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,064
$361,187

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$241,200
No
First
Feb 23, 2021
Mar 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$216,883
$222,117
50%
52%
$1,447/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,177/mo
+$1,163/mo
9.6%

City: Sugar Land

3218 E Farmington Ln | Property Details | No Agent List