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$422,000

NAL Estimated Property Value

3407 Black Locust Dr, Sugar Land, TX, 77479

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,335 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.16 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Electric Range, Dishwasher
FlooringTile

Exterior

Lot Size8,050 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APN1272-02-003-0070-907
Lot Number7
SubdivisionAustin Park Sec 2
Land UseResidential
Legal DescriptionAUSTIN PARK SEC 2, BLOCK 3, LOT 7
Census Tract674100
Assessed Land Value$71,500
Assessed Improvement Value$325,982
Assessment Year2025

About this property

Stunning 1.5 story home built by Perry Homes in the Community of Austin Park, First Colony, zoned to Clements High School! This home features 4 bedrooms,3 downstairs and one multipurpose room upstairs, that could serve as either a bedroom or family/ game room, 3 baths & both formal living & formal dining!Living room features two story ceiling and a fireplace. Formal dining room has elevated tray ceiling.Large master bedroom features high tray ceiling and double doors leading to large backyard a large back yard with mature trees and a paved patio Master bathroom with high tray ceiling is your getaway with double sinks, granite vanity & stand shower with glass door & tile surround, a soaking tub.Kitchen features crisp white cabinetry, granite countertops, tile backsplash & lots of cabinetry for all your cooking gadgets! Breakfast area and a fireplace.Brand new 4T HVAC unit, fresh neutral paint inside This house features detached 2 car garage with a dedicated work area and attic access!

Investor Tools

Property Icon
$422,000
Estimated Property Value
$388,543Estimated Mortgage Balance
$34,095Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,532 /month
Positive
Cash Flow Estimate:
$844 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$190/month
$860/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$174
$397,482
2025
$71,500
$325,982
$397,482
No

Tax History

Year
Tax Paid
Assessed Value
2024
$174
$397,482

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$405,000
Yes
First
Jan 25, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$388,543
$33,457
7%
92%
$2,429/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,289/mo
$-709/mo
7.3%

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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3407 Black Locust Dr | Property Details | No Agent List