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$3,246,000

NAL Estimated Property Value

323 W Alkire Lake Dr, Sugar Land, TX, 77478

$3,505,828 ARVInfo
Off MarketInfo
Beds5 Beds
Baths7 Bath
Baths7,395 Sq Ft
price_per_sqft$371.74 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 6Bathrooms Full 6
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Electric Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Stone, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Outdoor Kitchen
Lot Size2.34 acres

Building Information

Year Built1987
Garage Spaces5

Land Information

APN1000-02-001-1000-907
Lot Number10
SubdivisionAlkire Lake S/D Sec 2
Land UseResidential
Legal DescriptionALKIRE LAKE S/D SEC 2, BLOCK 1, LOT 10, ACRES 2.343
Census Tract672100
Assessed Land Value$1,659,833
Assessed Improvement Value$725,167
Assessment Year2025

About this property

Welcome to a life of unrivaled luxury and tranquility. Nestled along the picturesque shores of Alkire Lake, this stunning home is an architectural masterpiece. Crafted by renowned architect John McKay, this nearly one-story residence graces a sprawling 2.3-acre estate. Upon entering, you'll be captivated by the home's grandeur. The soaring cathedral ceilings adorned with wood beams create a dramatic yet inviting ambiance. The large windows offer sweeping views of the enchanting Alkire Lake. A true highlight awaits in the private courtyard—a stunning pool, surrounded by lush greenery, providing breathtaking views from nearly every room. Guest quarters ensure privacy and comfort for visitors. The spacious kitchen is a chef's dream, boasting top-of-the-line appliances, ample counter space, and a cozy breakfast nook overlooking the lake.This home offers exclusive privacy while remaining conveniently close to downtown, the Galleria, upscale shopping, fine dining, and recreational amenities.

Investor Tools

Property Icon
$3,246,000
Estimated Property Value
$1,724,485Estimated Mortgage Balance
$1,521,515Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$3,505,828
Rent-to-Value Ratio: 0.72%
Rent Estimate
$19,476 /month
Positive
Cash Flow Estimate:
$6,492 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$5,005/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$43,830
$2,385,000
2025
$1,659,833
$725,167
$2,385,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$43,830
$2,385,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$1,762,500
No
First
May 17, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,724,485
$1,525,515
46%
53%
$11,573/mo

City: Sugar Land

323 W Alkire Lake Dr | Property Details | No Agent List