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$839,000

673 S Sugartree Dr, Lipan, TX, 76462

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,158 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$265.67 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListMust-SellAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave
FlooringVinyl

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size37,897 sqft

Building Information

Year Built2022
Garage Spaces3

Land Information

APN18014-001-310-00
Lot Number310
SubdivisionSugartree On The Brazos Ph I
Land UseResidential
Legal DescriptionACRES: 0.870 LOT: 310 BLK: 1 SUBD: SUGARTREE ON THE BRAZOS PH IV
Census Tract140603
Assessed Land Value$85,000
Assessed Improvement Value$608,690
Assessment Year2025

About this property

This SHOW STOPPER home is surely going to stop you in your tracks! It sits proudly elevated across from hole #4 of Sugartree Golf Club and situated with amazing backyard views! This place is packed with improvements such as a pool and spa with tanning deck and cleaning system, covered patio with electric screen, low-temp synthetic synthetic turfed area, xeriscape landscaping and rocked flowerbeds throughout front and back yard, fencing and a one-of-a-kind custom bar! You will love the modern design and clean elements of this home with its trendy black cabinetry and upgraded gold light fixtures and hardware! The ceiling height in this home gets FIVE STARS and provides so much natural lighting throughout the rooms. The primary suite is private with a luxury-style glass shower with bold black tile statement piece, dual vanities and a massive closet! Laundry room is spacious with cabinetry and countertops for folding and extra storage. If this backyard oasis doesn’t make you feel like you’re on vacation, then the wildlife and deer will! What an experience to enjoy it here and also be apart of a community where the social atmosphere is such an enjoyment! Come see this beauty and make it your home!

Investor Tools

Property Icon
$693,690
Estimated Property Value
$527,400Estimated Mortgage Balance
$127,650Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,034 /month
Positive
Cash Flow Estimate:
$1,678 /month

Interested in this property?

Kristin Arredondo

Cates & Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,133/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$693,690
2025
$85,000
$608,690
$693,690
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$693,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Conventional
$527,400
No
First
Feb 9, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$566,040
$127,650
18%
82%
$3,536/mo

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: Lipan

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673 S Sugartree Dr | Property Details | No Agent List