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$450,000

7015 Morningside Dr, Sugar Land, TX, 77479

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths3,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Electric Oven, Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Engineered Wood

Exterior

Exterior FeaturesSprinkler System
Lot Size7,713 sqft

Building Information

Year Built1992
Stories2
Roof Type105
Garage Spaces2

Land Information

APN3003-01-003-0210-901
Lot Number21
SubdivisionGreatwood Village Sec 1
Land UseResidential
Legal DescriptionGREATWOOD VILLAGE SEC 1, BLOCK 3, LOT 21, R/P
Census Tract674601
Assessed Land Value$37,050
Assessed Improvement Value$408,461
Assessment Year2025

About this property

Welcome to this spacious 3,000 sq. ft. traditional home nestled in the highly desirable Greatwood community of Sugar Land. This two-story residence offers 3 bedrooms, 2.5 baths, a private home office, formal dining, multiple living areas, and an upstairs game room. A standout feature is the whole-home Generac generator, providing added comfort, convenience, and peace of mind during unexpected power outages. The first-floor primary suite features a walk-in closet and en-suite bath with double sinks, soaking tub, and separate shower. The open kitchen offers a center island with cooktop, breakfast bar, pantry, and seamless flow into the family room. Soaring ceilings, crown molding, engineered wood flooring, and a gas-log fireplace add warmth and character. Outside, enjoy a fenced backyard with sprinkler system. Greatwood residents enjoy community pools, tennis courts, playgrounds, clubhouse amenities, and Greatwood Golf Club.

Investor Tools

$664,489Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

Interested in this property?

Stefani Rizzardi

RE/MAX Fine Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$587/month
$1,265/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,854
$437,020
2025
$37,050
$408,461
$445,511
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,854
$437,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mutual Of Omaha Mortgage Inc
Reverse Mortgage / Hecm
$682,500
No
First
Oct 17, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$664,489
N/A
0%
152%
$4,923/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$6,188/mo
$-3,608/mo
7.1%

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.

Explore Texas Explore This Area
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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