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$1,010,000

3219 Riviera Drive, Sugar Land, TX, 77479

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,432 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.54 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size10,818 sqft

Building Information

Year Built1996
Stories2
Roof Type105
Garage Spaces2

Land Information

APN1050-02-002-0090-907
Lot Number9
SubdivisionAlcorn Bend Sec 2
Land UseResidential
Legal DescriptionALCORN BEND SEC 2, BLOCK 2, LOT 9
Census Tract674200
Assessed Land Value$221,000
Assessed Improvement Value$719,292
Assessment Year2025

About this property

This Peterson custom build meticulously maintained home is tucked away on a shaded tree lined street in one of Sugar Land's premiere locations. It backs to Sweet Water Country Club golf course. The home features hardwood floors, private pool with spa, built in fridge, 3 car garage, extensive crown moulding, covered back patio, upstairs balcony with views of the golf course, 3 zones of HVAC (1 just for primary bedroom), plenty of rooms for family separation and a very low tax rate. Convenient to First Colony Mall, Restaurants, Smart Center, I-69, U of H & Wharton campuses and zoned to Fort Bend's most sought after schools. Neighborhood amenities include a water park with lazy river, heated indoor olympic pool, sand volley ball courts, little league and soccer fields. Per owner; never flooded.

Investor Tools

Property Icon
$1,010,000
Estimated Property Value
$0Estimated Mortgage Balance
$433,391Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,060 /month
Positive
Cash Flow Estimate:
$2,020 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,722/month
$790/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,610
$940,292
2025
$221,000
$719,292
$940,292
No

Tax History

Year
Tax Paid
Assessed Value
2025
$15,610
$940,292

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$640,000
No
First
Mar 12, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$576,609
$433,391
42%
57%
$3,838/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$4,628/mo
$-1,288/mo
4.0%

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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3219 Riviera Drive | Property Details | No Agent List