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$389,000

NAL Estimated Property Value

7406 Greatwood Grove Dr, Sugar Land, TX, 77479

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,478 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.3 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringBamboo, Carpet, Laminate

Exterior

Lot Size10,370 sqft

Building Information

Year Built1994
Stories2
Roof Type105
Garage Spaces2

Land Information

APN3007-01-002-0010-901
Lot Number1
SubdivisionGreatwood Crossing Sec 1
Land UseResidential
Legal DescriptionGREATWOOD CROSSING SEC 1, BLOCK 2, LOT 1
Census Tract674602
Assessed Land Value$42,608
Assessed Improvement Value$307,392
Assessment Year2025

About this property

Majestically perched on a large .24-acre corner-lot, this impressive 2 story brick home is located in the sought-after Greatwood Crossing neighborhood in Sugar Land. Featuring well defined living spaces, the first floor has no carpet for ease of maintenance. You'll find upgrades such as wood blinds and plantation shutters, decor light fixtures, fresh interior paint and new carpeting on the second floor for a move-in ready experience. The spacious primary suite features a spa-like bath & large walk-in closet. Upstairs with 3 secondary bedrooms ia a huge game/TV room for everyone to gather. The private fenced backyard with covered patio & deck features a sprinkler system to keep everything lush and green. Amenities in the Greatwood community include 3 swimming pools, 13 playgrounds, trails. tennis courts and the Greatwood Golf Club. Fantastic location so close to everything you'll need or want, including the Smart Financial Center, First Colony Mall, Hwys 69 and 99, dining and more!

Investor Tools

Property Icon
$389,000
Estimated Property Value
$271,671Estimated Mortgage Balance
$117,329Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,334 /month
Positive
Cash Flow Estimate:
$778 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$550/month
$83/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,658
$350,000
2025
$42,608
$307,392
$350,000
Yes (2016)

Tax History

Year
Tax Paid
Assessed Value
2025
$4,658
$350,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Metlife Home Loans
Conventional
$280,000
No
First
Sep 4, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,671
$119,329
30%
70%
$1,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$1,762/mo
+$1,578/mo
10.3%

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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7406 Greatwood Grove Dr | Property Details | No Agent List