$800,000 Last Listed Price
●
House -
Off Market
310 Teal Lane
Sugar Land, TX 77478
4 Beds
3 Baths,
1
Half Bath
3,931 Ft²
$797,024
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
NEW Roof installed August 2023!! This is your chance to own a piece
of paradise in Sugar Lakes! Stunning views of the pool and lake
from several rooms make this home the perfect retreat in the city.
Spacious kitchen has an island with a gas cooktop. Tons of cabinets
and storage with the butler's pantry, wet bar and custom pantry
with slide out drawers and spice rack. The study is connected to
the primary suite. The unique primary bathroom has dual sides and
dual closets. Double staircases make it easy to get upstairs from
either side of the home. Upstairs you find a bonus area with walk
in attic access. The large game room has built-ins, a balcony to
enjoy your view and is flanked by three bedrooms, each with direct
access to the two bathrooms. Backyard oasis with covered patio,
waterfall pool, hot tub, and private water access. All that's
missing is you! Easy access to 59, close to Sugar Land Town Center,
shopping and lots of restaurants. Low tax rate. Don't let this one
get away!
Unit Size
3,931 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$204
Property Type
House
Property Taxes
$1,252
HOA Dues
$71
Year Built
1989
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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: 5 months ago (HAR #53333144)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 4, 2023 | Sold | ||
| Sold | |||
| Jun 9, 2023 | Listed by Keller Williams Realty -SW | $800,000 | |
| Listed by Keller Williams Realty -SW | |||
| | |||
|
NEW Roof installed August 2023!! This is your chance to own a piece of paradise in Sugar Lakes! Stunning views of the pool and lake from several rooms make this home the perfect retreat in the city. Spacious kitchen has an island with a gas cooktop. Tons of cabinets and storage with the butler's pantry, wet bar and custom pantry with slide out drawers and spice rack. The study is connected to the primary suite. The unique primary bathroom has dual sides and dual closets. Double staircases make it easy to get upstairs from either side of the home. Upstairs you find a bonus area with walk in attic access. The large game room has built-ins, a balcony to enjoy your view and is flanked by three bedrooms, each with direct access to the two bathrooms. Backyard oasis with covered patio, waterfall pool, hot tub, and private water access. All that's missing is you! Easy access to 59, close to Sugar Land Town Center, shopping and lots of restaurants. Low tax rate. Don't let this one get away!
| |||
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 Sugar Lakes
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Listed by: Emily Shepard, Keller Williams Realty -SW
Last Updated: 5 months ago
Data Source: HAR , MLS# 53333144
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Last Updated: 5 months ago
Data Source: HAR , MLS# 53333144
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