








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Sugar Land at 2299 Lone Star Dr APT 131, Sugar Land, TX, 77479 listed at $263,000 pairs $2,590/mo rent with a $1,287/mo payment to leave $254/mo cash flow. Total monthly income runs $2,590/mo, and annual cash flow reaches $3,048/yr on $87,185 cash to close. Return on cash invested measures 23.41% in year one, and rental yield registers 11.82% at a $263,000 basis. Equity gained on principal adds $1,697/yr, and annual property appreciation at 5% supports $72,662 by year five. Five-year ROI tracks 125.18% and total cumulative return in cash totals $109,139. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,590/mo property income relative to a $1,287/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2004
N/A lot
$N/A/sqft
$466 monthly HOA
Neighborhood data shown for ZIP Code: 77479, Sugar Land, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,079 (100%) |
| Owner Occupied HU | 25,537 (79.6%) |
| Renter Occupied HU | 5,322 (16.6%) |
| Vacant Housing Units | 1,220 ( 3.8%) |
| Median Home Value | $496,309 |
| Average Home Value | $552,380 |
Residential
31,678
Single Family
28,532
Multi-Family
3,146
Businesses
1,373
Date | Event | Price |
|---|---|---|
| 2024-08-04 | Price change | $263,000 |
| 2024-05-24 | Listed for sale | $265,000 |
| 2019-01-29 | Listing removed | $205,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Alda Caballero • Texas Management Partners LLC
Mls Name: HAR
Mls Provider:
Mls ID: #8352364
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