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$192,000

407 Pine St, Sugar Land, TX, 77498

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths672 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.46 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher

Exterior

Lot Size6,753 sqft

Building Information

Year Built1961
Stories1
Roof Type105

Land Information

APN4900-02-005-0900-907
Lot Number9
SubdivisionMayfield Park Sec 2
Land UseResidential
Legal DescriptionMAYFIELD PARK SEC 2, BLOCK 5, LOT 9
Census Tract672202
Assessed Land Value$107,900
Assessed Improvement Value$2,100
Assessment Year2025

About this property

Welcome to this charming, move-in-ready home perfectly located just minutes from the freeway, shopping, and dining hotspots, making everyday convenience a breeze! Step inside to discover an inviting open floor plan filled with natural light and trendy finishes throughout. The updated kitchen is a standout, featuring sleek stainless steel appliances and ample counter space—ideal for home-cooked meals or entertaining guests. Easy-care laminate flooring flows seamlessly through the main living areas, adding a touch of modern elegance to the cozy interior.

Investor Tools

Property Icon
$192,000
Estimated Property Value
$160,000Estimated Mortgage Balance
$34,817Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,152 /month
Positive
Cash Flow Estimate:
$384 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$248/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,022
$110,000
2025
$107,900
$2,100
$110,000
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2025
$2,022
$110,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$160,000
No
First
May 22, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,183
$34,817
18%
82%
$960/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$960/mo
+$1,480/mo
15.3%

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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407 Pine St | Property Details | No Agent List