47
Map
$549,000 Last Listed Price
●
House -
Off Market
3015 Fairway Drive
Sugar Land, TX 77478
4 Beds
2 Baths,
1
Half Bath
2,996 Ft²
$3,545
Est. Monthly
$54
HOA / Fees
3.39%
Cap Rate
About This Property
This sprawling one-story home on a large 12,000 sq ft lot features
4 bedrooms, 2.5 baths, Two living areas, Formal Dining, Breakfast
Bar, LED Lighting, Neutral paint, Double-pane windows with Beige
Frames. Storage includes a Walk in Cedar closet, two large
secondary bedroom walk-in closets. Primary Bedrooms Large picture
window views to the backyard, Larger closets & enjoyably
popular wet area behind tempered glass with free standing soaking
tub, dual shower heads with overhead rain shower. In the
Kitchen find Matching Kitchenaid SS appliances, Granite counters
and Gas Stovetop. Millwork thoughout the home includes Crown
molding and block paneling. Outside spinkler system keeps the
yard healthy, lending time to relax around the gas-fed fire pit on
the large paver deck, putting green, and grassed rear yard open to
the green area beyond the lot. Recently installed: siding all parts
of house & garage, concrete driveway. Backyard French drains to the
front including putting green.
Unit Size
2,996 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$183
Property Type
House
Property Taxes
$795
HOA Dues
$54
Year Built
1973
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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: 6 months ago (HAR #78041775)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 23, 2025 | Sold | ||
| Sold | |||
| Apr 18, 2025 | In contract | - | |
| In contract | |||
| Apr 10, 2025 | Listed by Greg Bennett Fine Properties | $549,000 | |
| Listed by Greg Bennett Fine Properties | |||
| Feb 18, 2022 | Sold | ||
| Sold | |||
| Jan 12, 2022 | Listed by General Realty | $520,000 | |
| Listed by General Realty | |||
| | |||
|
This charming home sits on a 12,000 sq ft well-manicured lot on a quiet street. This one-story home is 3000 sq.ft., has 4 bedrooms and 2.5 bath. The large backyard has drought-resistant Zoysia grass and even comes with its own putting green. Beautiful bricked back patio with gas fire pit makes for a great place to host gatherings or to just relax at home. The kitchen is equipped with matching KitchenAid appliances including a brand new counter depth refrigerator and combination wall oven. The master bathroom was redesigned to include a large wet area with an overhead rain shower and a standing tub enclosed behind large tempered glass panels. Lots of extra details like the walk-in cedar closet, solid wood (not hollow) doors, double-pane windows, Nest thermostat, and detailed crown moulding. Renovations were done with an eye towards retaining the charm of this home. No prior flood or water damage. Low taxes, no MUD or LID's.
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Sugar Creek
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Listed by: Greg Bennett, Greg Bennett Fine Properties
Last Updated: 6 months ago
Data Source: HAR , MLS# 78041775
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Last Updated: 6 months ago
Data Source: HAR , MLS# 78041775
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