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$616,000

NAL Estimated Property Value

415 Sheldrake Ct, Sugar Land, TX, 77478

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,342 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$277.54 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher

Exterior

Lot Size10,720 sqft

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces2

Land Information

APN1405-01-001-0080-907
Lot Number8
SubdivisionBaybridge At Sugar Lakes Sec 1
Land UseResidential
Legal DescriptionBAYBRIDGE AT SUGAR LAKES SEC 1, BLOCK 1, LOT 8
Census Tract672100
Assessed Land Value$175,500
Assessed Improvement Value$386,322
Assessment Year2025

About this property

Located in the desirable Sugar Lakes community, 415 Sheldrake Court is a beautifully updated waterfront home offering stunning lake views. This 4-bedroom, 2-bathroom property spans 2,342 sq. ft. and sits on a spacious corner lot. Inside, the home features an open floor plan with high ceilings, new floors, and a cozy living room centered around a gaslog fireplace. The updated kitchen is equipped with modern appliances, a gas cooktop, quartz countertops throughout and a walk-in pantry. Outside, enjoy an extended patio with serene lake views and a private dock perfect for water activities. With its prime location near schools, parks, and shopping, this home offers the ideal balance of modern living and tranquil waterfront life.

Investor Tools

Property Icon
$616,000
Estimated Property Value
$841,604Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,117/month
$957/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,325
$561,822
2025
$175,500
$386,322
$561,822
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2025
$10,325
$561,822

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swift Home Loans Inc
Conventional
$429,000
No
First
Apr 30, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$841,604
N/A
0%
137%
$5,146/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,370/mo
$6,103/mo
$-3,733/mo
4.6%

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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