$795,000 Last Listed Price
●
House -
Off Market
1503 Meadowsweet Drive
Sugar Land, TX 77479
5 Beds
3 Baths,
1
Half Bath
3,560 Ft²
$4,791
Est. Monthly
$76
HOA / Fees
About This Property
Welcome to 1503 Meadow Sweet Drive, a charming home nestled on a
corner lot in the desirable neighborhood of Meadow Lakes in Sugar
Land. This delightful property, boasting 3560 square feet of living
space on a generous 10501 square foot lot, is now available for the
first time on the market. Step inside this inviting residence to
discover a well-appointed layout featuring 5 bedrooms and 3.5
bathrooms. The primary bedroom is conveniently located on the main
level, offering a tranquil retreat, while the second level hosts
spacious secondary bedrooms and a cozy game room. With a 3-car
garage, there's ample space for vehicles and storage. This
home has undergone numerous updates, including cosmetic
enhancements and a full roof replacement in 2021. Located in a
sought-after area zoned to award-winning schools, this residence
presents an exceptional opportunity to enjoy the best of Sugar Land
living. Don't miss the chance to make this delightful property your
own.
Unit Size
3,560 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$223
Property Type
House
Property Taxes
$811
HOA Dues
$76
Year Built
1999
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (HAR #34013850)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | In contract | - | |
| In contract | |||
| Apr 26, 2024 | Listed | $795,000 | |
| Listed | |||
| | |||
|
Welcome to 1503 Meadow Sweet Drive, a charming home nestled on a corner lot in the desirable neighborhood of Meadow Lakes in Sugar Land. This delightful property, boasting 3560 square feet of living space on a generous 10501 square foot lot, is now available for the first time on the market. Step inside this inviting residence to discover a well-appointed layout featuring 5 bedrooms and 3.5 bathrooms. The primary bedroom is conveniently located on the main level, offering a tranquil retreat, while the second level hosts spacious secondary bedrooms and a cozy game room. With a 3-car garage, there's ample space for vehicles and storage. This home has undergone numerous updates, including cosmetic enhancements and a full roof replacement in 2021. Located in a sought-after area zoned to award-winning schools, this residence presents an exceptional opportunity to enjoy the best of Sugar Land living. Don't miss the chance to make this delightful property your own.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Meadow Lakes
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Listed by: Caroline Bean, Compass RE Texas, LLC - Houston
Last Updated: 4 months ago
Data Source: HAR , MLS# 34013850
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Last Updated: 4 months ago
Data Source: HAR , MLS# 34013850
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