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$488,000

NAL Estimated Property Value

6507 Parkriver Crossing, Sugar Land, TX, 77479

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,762 Sq Ft
price_per_sqft$177.05 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Wood

Exterior

Lot Size6,285 sqft

Building Information

Year Built1996
Stories2
Roof Type105
Garage Spaces2

Land Information

APN6017-01-001-0160-907
Lot Number16
SubdivisionNew Territory Sunset Cove Sec 1
Land UseResidential
Legal DescriptionNEW TERRITORY SUNSET COVE SEC 1, BLOCK 1, LOT 16
Census Tract673904
Assessed Land Value$97,097
Assessed Improvement Value$361,031
Assessment Year2025

About this property

Welcome to 6507 Parkriver Crossing, located in the heart of the established New Territory neighborhood, and tucked away in the gated community, Sunset Cove. Once you walk into the home, you will be greeted with a luxurious stairway, high ceilings, fresh neutral paint throughout and a formal dining room/game room located in the front of the home. Making your way through the home, your eyes will be captivated by the newly renovated kitchen, large living quarters and oversized breakfast area. The primary bedroom is located on the first floor with a lovely view of the community pond and newly updated primary bathroom. Upstairs there is a grand media room/office, 2 additional bedrooms and a full size bathroom located in between them. The attic space has been decked out with ample storage space. The water view is something to really admire while drinking your morning coffee, so don't miss your opportunity and schedule your showing today!

Investor Tools

Property Icon
$488,000
Estimated Property Value
$362,640Estimated Mortgage Balance
$125,360Estimated Equity
25% 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
$905/month
$1,735/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,419
$458,128
2025
$97,097
$361,031
$458,128
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,419
$458,128

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nfm Inc
Conventional
$378,000
No
First
Feb 9, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$362,640
$125,360
25%
74%
$2,267/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$4,002/mo
$-1,422/mo
6.3%

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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