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$691,000

606 Cannon Ln, Sugar Land, TX, 77479

Off Market

6 Beds

6 Bath

4,138 Sq Ft

Single Family Residence

$163.12 / sqft

Built in 1991

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 6

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Electric Oven, Electric Cooktop, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Private Pool

Exterior FeaturesOutdoor Kitchen

Lot Size9,321 sqft

Building Information

Year Built1991

Stories2

Roof Type105

Garage Spaces4

Land Information

APN2320-02-003-0150-907

Lot Number15

SubdivisionClayton's Bend Sec 2

Land UseResidential

Legal DescriptionCLAYTON'S BEND SEC 2, BLOCK 3, LOT 15, 2ND R/P

Census Tract673904

Assessed Land Value$82,514

Assessed Improvement Value$547,130

Assessment Year2025

About this property

BEYOND EXTRAORDINARY! Luxury exterior & interior CUSTOM UPDATES- TOO MANY TO LIST! 6 BEDROOMS/4 Full Baths/2 Half Baths/Game Room/Computer Station PLUS Garage Suite w/FULL BATH! BACKYARD OASIS: POOL/SPA w/waterfall, outdoor kitchen w/cabinets & more! Storage shed! 2 car garage w/built-in shelves + 3 car carport w/fan & auto driveway gate! Elegant interior updates: Impressive entry! Iron baluster staircase! EVERY bathroom updated to studs w/granite vanities! Island kitchen cabinets w/pull out shelves also in pantry, stainless appl, granite + butler pantry! Custom DREAM owner's closet w/Quartz island, chandelier, built-in vanity w/LED lights! Replaced pool pump, electrical panel, WiFi technology thru-out, 3 furnaces, fixtures/hardware, HVAC! Solar screens! Fresh paint inside/out! 2 sided fireplace! Wifi sprinkler sys! Wood floors/Travertine! Roof (2011) + Radiant barrier/blown R-30 Insulation! MUST SEE UPDATE SHEET & VIDEO TOUR! Desirable schools & area amenities! Low taxes! MUST HAVE!

Investor Tools

$691,000

Estimated Property Value

$544,000Estimated Mortgage Balance

$196,113Estimated Equity

21% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,146 /month

Positive

Cash Flow Estimate:

$1,382 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,056/month

$1,150/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,221

$629,644

2025

$82,514

$547,130

$629,644

Yes (2012)

Tax History

Year

Tax Paid

Assessed Value

2025

$9,221

$629,644

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Navy Fcu

Conventional

$544,000

First

Aug 9, 2021

Sep 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$494,887

$134,757

21%

72%

$3,262/mo

Learn About the Market: Opportunity in Texas

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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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