








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 2711 Grants Lake Blvd APT 203, Sugar Land, TX, 77479 offers a 9.62% rental yield on a $219,000 purchase with $1,756/mo rent. 96% in year one. Equity gained on principal adds $1,413/yr while 5% annual appreciation supports $60,506 over five years. Portfolio math shows five-year ROI at 85.47% and total cumulative return in cash at $62,049. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,756/mo property income against a $1,072/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
810 sqft lot
$N/A/sqft
$409 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 |
|---|---|---|
| 2025-05-13 | Listed for sale | $219,000 |
| 2025-01-15 | Listing removed | $225,000 |
| 2025-01-05 | Listed for sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-13 | $3978.34 | 18.55% | $231,565 | 31.32% |
| 2023-05-13 | $3355.82 | -15.11% | $176,334 | -13.81% |
| 2022-05-13 | $3953.29 | -4.14% | $204,590 | -0.32% |



Listed by: Nancy Koon • Houston Southwest Realty, Inc.
Mls Name: HAR
Mls Provider:
Mls ID: #8321520
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