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$443,000

NAL Estimated Property Value

506 Alcorn St, Sugar Land, TX, 77478

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,269 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$215.51 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size11,806 sqft

Building Information

Year Built1957
Stories1
Roof Type105
Garage Spaces2

Land Information

APN1500-09-001-0200-907
Lot Number2
SubdivisionBelknap S/D Sec 9
Land UseResidential
Legal DescriptionBELKNAP S/D SEC 9, BLOCK 1, LOT 2, ACRES .276
Census Tract672100
Assessed Land Value$107,250
Assessed Improvement Value$241,135
Assessment Year2025

About this property

Welcome to 506 Alcorn Street! This 3-bed, 2-bath home on an oversized lot is conveniently located in an old-fashioned, historic Belknap neighborhood. Brand new lush landscaping adds to the curb appeal of the property. This completely remodeled home features new flooring, appliances, cabinets, marble countertops, and more! Gorgeous open floor plan - family room opens to kitchen so there's enough space for your chosen furniture layout. There is also a bonus room just off the family room and kitchen. Close to Oyster Creek, as well as Sugar Land Town Center shopping & Skeeters Constellation Field with easy access to HWY 6, 59, 90, 99. Schedule a showing today! NOTE: The garage is being completed in the few weeks.

Investor Tools

Property Icon
$443,000
Estimated Property Value
$358,573Estimated Mortgage Balance
$84,427Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,934 /month
Positive
Cash Flow Estimate:
$978 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$555/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,441
$348,385
2025
$107,250
$241,135
$348,385
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,441
$348,385

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$384,800
No
First
Sep 28, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$358,573
$81,427
18%
81%
$2,308/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,070/mo
$2,308/mo
+$762/mo
8.3%

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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506 Alcorn St | Property Details | No Agent List