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$520,000

NAL Estimated Property Value

8723 Rippling Water Dr, Sugar Land, TX, 77479

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,661 Sq Ft
price_per_sqft$206.65 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringWood, Vinyl

Exterior

Exterior FeaturesSprinkler System
Lot Size7,701 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2992-01-001-0160-901
Lot Number16
SubdivisionGreatwood B-170 Sec 1
Land UseResidential
Legal DescriptionGREATWOOD B-170 SEC 1, BLOCK 1, LOT 16
Census Tract674602
Assessed Land Value$78,000
Assessed Improvement Value$390,351
Assessment Year2025

About this property

STUNNING LAKEFRONT PROPERTY, situated in the highly desirable Greatwood Lakecrest. Rare opportunity to acquire a waterfront property in this section with a unique chance to capitalize on all the recent upgrades, including a stunning iron front door, plantation shutters throughout, energy-efficient double pane windows, a custom fireplace with recessed TV, and a gourmet kitchen featuring quartz countertops, custom cabinets, soft-close drawers, stainless steel appliances, 5 burner gas cooktop, and motion sensor under-cabinet lighting, wine refrigerator. Spacious primary suite showcasing a stunning closet remodel, merging two closets into a large closet & added Calif Closet feature, separate shower w/ custom tile finishes, quartz countertops, and premium vinyl hardwood flooring. Travertine flooring in main areas and Hardwoods in all Bedrooms & Primary Closet~ 2.5 car garage, extra parking, Outdoor Living w/covered pergola, sprinklers, Brick Paver Walkway~ Roof, A/C's, Water Heaters recent~

Investor Tools

Property Icon
$520,000
Estimated Property Value
$0Estimated Mortgage Balance
$520,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,299 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$969/month
$1,085/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,029
$468,351
2025
$78,000
$390,351
$468,351
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,029
$468,351

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$530,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,085/mo
+$1,495/mo
6.0%

City: Sugar Land

8723 Rippling Water Dr | Property Details | No Agent List