1511 Forest Bend
About This Property
is move in ready. Per seller, upgrades made in 2022 include refreshed hardwood floors, new carpet, new
interior and exterior paint, designer lighting, new AC unit, new window screens, new electrical panel and so
much more. This former Greatwood Trails model for Village builders has a fabulous open layout that boasts 4
beds with the Primary Suite down, 3.5 baths, a chef's kitchen with white cabinets and granite counters, formal
dining room, game room, an office and an oversized garage. The beautifully landscaped backyard is perfect
for entertaining or just relaxing on the patio. The Greatwood community offers an amazing lifestyle with
pools, playgrounds, walking trails, tennis courts and A-rated schools.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 26, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Mar 15, 2026 | Price Decreased |
$555,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Feb 20, 2026 | Listed by ONTX Realty Partners | $565,000 | |
| Listed by ONTX Realty Partners | |||
| | |||
|
If you’ve been waiting for the right GREATWOOD home for sale in Sugar Land, TX, this is it. Featuring a functional open-concept floor plan, spacious living areas, and abundant natural light, this home is designed for both everyday living and entertaining. The kitchen opens directly to the main living space—while the private primary suite offers a true retreat. Generously sized secondary bedrooms and flexible spaces provide options for a home office, game room, or growing household. Foundation work has been completed with a lifetime warranty, giving you added confidence and long-term value. Step outside to a large backyard with room to entertain and play. Located in one of the most established Fort Bend County communities, zoned to top-rated Lamar CISD schools, and offering access to Greatwood amenities including pools, parks, trails, and golf. Just minutes from Highway 59/69, shopping, and dining, this is the ideal Sugar Land family home for buyers ready to upgrade their lifestyle.
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| May 13, 2022 | Sold | ||
| Sold | |||
| Apr 15, 2022 | Listed by Compass RE Texas, LLC | $489,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
Welcome home to 1511 Forest Bend! With impeccable finishes, this story-book brick home
is move in ready. Per seller, upgrades made in 2022 include refreshed hardwood floors, new carpet, new
interior and exterior paint, designer lighting, new AC unit, new window screens, new electrical panel and so
much more. This former Greatwood Trails model for Village builders has a fabulous open layout that boasts 4
beds with the Primary Suite down, 3.5 baths, a chef's kitchen with white cabinets and granite counters, formal
dining room, game room, an office and an oversized garage. The beautifully landscaped backyard is perfect
for entertaining or just relaxing on the patio. The Greatwood community offers an amazing lifestyle with
pools, playgrounds, walking trails, tennis courts and A-rated schools.
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Property Highlights
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About Greatwood
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Last Updated: 5 months ago
Data Source: HAR , MLS# 75496580
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