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$392,000

NAL Estimated Property Value

3406 Mesquite Dr, Sugar Land, TX, 77479

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,375 Sq Ft
price_per_sqft$172.21 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,306 sqft

Building Information

Year Built1984
Stories2
Roof Type105
Garage Spaces2

Land Information

APN1272-01-001-0020-907
Lot Number2
SubdivisionAustin Park Sec 1
Land UseResidential
Legal DescriptionAUSTIN PARK SEC 1, BLOCK 1, LOT 2
Census Tract674100
Assessed Land Value$71,500
Assessed Improvement Value$310,805
Assessment Year2025

About this property

Welcome to the perfect home in the highly desirable First Colony community! With newly replaced Carpet- Full house! Located at 3406 Mesquite Drive, this beautiful two-story brick home sits on a quiet, tree-lined street in the heart of Sugar Land. With a spacious layout and timeless charm, it offers comfortable living in one of the most established neighborhoods in the area. Enjoy easy access to top-rated schools, parks, shopping, and major roadways—making this an ideal place to call home. This property is conveniently located within a 5-mile radius of several popular destinations: H-E-B, Sugar Land Town Square and First Colony Mall.

Investor Tools

Property Icon
$392,000
Estimated Property Value
$312,781Estimated Mortgage Balance
$79,219Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,454 /month
Positive
Cash Flow Estimate:
$818 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$752/month
$795/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,059
$382,305
2025
$71,500
$310,805
$382,305
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,059
$382,305

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$316,000
No
First
Oct 17, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$312,781
$79,219
20%
80%
$1,895/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,690/mo
$-110/mo
7.9%

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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3406 Mesquite Dr | Property Details | No Agent List