$349,500
614 7th Street, Sugar Land, TX, 77498
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size8,060 sqft
Building Information
Year Built1981
Stories1
Roof Type105
Garage Spaces2
Land Information
APN7600-02-001-0620-907
Lot Number62
SubdivisionSugarmill Sec 2
Land UseResidential
Legal DescriptionSUGARMILL SEC 2, BLOCK 1, LOT 62
Census Tract672202
Assessed Land Value$46,930
Assessed Improvement Value$283,373
Assessment Year2025
About this property
Charming 1-story home in Sugar Mill featuring 3 beds, 2 baths, and 1,824 sqft. Open floor plan with wood floors in main living areas, updated kitchen with gas range and walk-in pantry, and a spacious primary suite with updated bath. French doors open to a private backyard with covered patio and saltwater spa. 2-car garage. Walking distance to FBISD schools, community pool, tennis and pickleball courts, and splash pad. Easy access to US-90. Contact for rental details and availability.
Investor Tools
$252,822Estimated Mortgage Balance
$78,178Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,097 /month
Positive
Cash Flow Estimate:
$699 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$644/month
$838/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,070
$330,303
2025
$46,930
$283,373
$330,303
No
Tax History
Year
Tax Paid
Assessed Value
2025
$6,070
$330,303
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Top One Mortgage
Conventional
$268,000
No
First
May 5, 2023
Jun 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,822
$78,178
23%
76%
$1,607/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$2,445/mo
$-5/mo
8.8%
