$2,200
6311 Drake Elm Dr, Sugar Land, TX, 77479
On Market
Property Lead Type:
Absentee OwnerMove-In Ready
Highlights
Interior
AppliancesDisposal, Gas Oven, Gas Range, Dishwasher
Exterior
Lot Size6,627 sqft
Building Information
Year Built1990
Stories2
Roof Type105
Garage Spaces2
Land Information
APN7630-01-001-0030-907
Lot Number3
SubdivisionRobinson Landing Sec 1
Land UseResidential
Legal DescriptionROBINSON LANDING SEC 1, BLOCK 1, LOT 3, R/P
Census Tract673904
Assessed Land Value$41,327
Assessed Improvement Value$307,888
Assessment Year2025
About this property
Beautiful home for lease in the desirable New Territory community! This spacious property features 4 bedrooms, 2.5 bathrooms, and an attached two-car garage. All bedrooms are conveniently located upstairs. Access to highly rated schools zone. Submit your application today!
Investor Tools
$310,054Estimated Mortgage Balance
$92,968Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,406 /month
Positive
Cash Flow Estimate:
$802 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$538/month
$1,060/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,455
$349,215
2025
$41,327
$307,888
$349,215
No
Tax History
Year
Tax Paid
Assessed Value
2025
$4,455
$349,215
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pavilion Mortgage Inc
Unknown
$230,680
No
First
Nov 17, 2023
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$310,054
$72,946
19%
77%
$1,931/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,991/mo
+$349/mo
10.0%
