NOT LISTED FOR SALE

500 Lee Ln Sugar Land, TX 77479

New Territory Neighborhood

Estimated Value: $145,526 - $1,533,000

3 Beds
1 Bath
1,180 Sq Ft
$482/Sq Ft Est. Value

Last Sold April 01, 2021

Current estimated payment $3,192/month

Highlights

  • 21,780 Sq Ft lot
  • Brazos Bend Elementary School Rated A
  • 1-Story Property

About This Home

As of April 2021

Great opportunity for investment- income producing property, 3 units currently occupied located in a great area close to W Grand Park S, Highway 6, all three units with new shingle roof, 2 units with central AC, owned for 40 years by current owner. Don't miss this opportunity for investment. Never flood per seller!!

Last Agent to Sell the Property

Roxana Marquina

Aero Realty, LLC License #0691834 Listed on: 03/01/2021

Last Buyer's Agent

Binh Vo

RE/MAX Partners License #0600234

RE/MAX Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,256

Year Built

  • Built in 1966

Lot Details

  • 0.5 Acre Lot

Home Design

  • Triplex
  • Shingle Roof
  • Wood Roof

Interior Spaces

  • 1,180 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Brazos Bend Elementary School
  • Sartartia Middle School
  • Travis High School

Community Details

  • 3 Units
  • J H Cartwright Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,256

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Directions: from 59S, right onto US-90, left onto 99 Grand Parkway, right onto Sand Hills Dr, left onto Sartartia Rd, right onto Williams Landing Dr, left onto Lee LN
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Year Built: 1966
  • Subdivision Name: J H Cartwright
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1180.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Shingle, Wood

Utilities

  • Cooling: Other
  • Heating: Other

Schools

  • Elementary School: BRAZOS BEND ELEMENTARY SCHOOL
  • Junior High Dist: 19 - Fort Bend
  • High School: TRAVIS HIGH SCHOOL (FORT BEND)
  • Middle Or Junior School: SARTARTIA MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1256.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Mar 31, 2021
Sold by
Rivera Jose Felix
Bought by
Vu Van
Seller's Agent
Roxana Marquina
Aero Realty, LLC
Buyer's Agent
Binh Vo
RE/MAX Partners
List Price
$219,900
Current Estimated Value
$568,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.67%

Purchase Details

Closed on
Mar 6, 2015
Sold by
Rivera Mario
Bought by
Rivera Jose Felix

Purchase Details

Closed on
Sep 4, 2013
Sold by
Rivera Jose Felix
Bought by
Rivera Mario

Purchase Details

Closed on
Nov 23, 2009
Sold by
Molina Luisa Castro
Bought by
Rivera Jose Felix
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vu Van -- New Title Company Name
Vu Van -- New Title Company Name
Rivera Jose Felix -- None Available
Rivera Mario -- None Available
Rivera Jose Felix -- --
Rivera Jose Felix -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold -- -- --
03/02/2021 03/02/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $219,900 -- $186 / Sq Ft
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,420 $86,945 $32,400 $54,545
2024 $1,420 $100,800 $32,400 $68,400
2023 $1,420 $92,699 $32,400 $60,299
2022 $1,434 $90,420 $32,400 $58,020
2021 $1,250 $75,160 $32,400 $42,760
2020 $1,256 $74,170 $32,400 $41,770
2019 $1,147 $64,290 $22,500 $41,790
2018 $1,234 $68,970 $22,500 $46,470
2017 $1,224 $67,490 $22,500 $44,990
2016 $1,237 $68,210 $22,500 $45,710
2015 $1,249 $68,400 $22,500 $45,900
2014 $1,251 $68,180 $22,500 $45,680
Source: Public Records

Agents Affiliated with this Home

  • Roxana Marquina

    Seller's Agent in 2021

    Roxana Marquina

    Aero Realty, LLC

    (713) 518-7790

    1 in this area

    40 Total Sales

    Roxana Marquina
    Section Image
  • Binh Vo

    Buyer's Agent in 2021

    Binh Vo

    RE/MAX

    (713) 444-2767

    1 in this area

    78 Total Sales

    Binh Vo
    Section Image
See All Agents

Map

Source: Houston Association of REALTORS®

MLS Number: 45583143

Houston Association of REALTORS®

APN: 0016-00-000-1450-907

Texas Fort Bend County Sugar Land 77479 New Territory

500 Lee Ln, Sugar Land, TX

This home is located at 500 Lee Ln, Sugar Land, TX 77479 since 01 March 2021 and is currently estimated at $568,632, approximately $481 per square foot. This property was built in 1966. 500 Lee Ln is a home located in Fort Bend County with nearby schools including Brazos Bend Elementary School, Sartartia Middle School, and Stephen F Austin High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Houston Association of REALTORS® Copyright 2025, Houston REALTORS® Information Service, Inc.
The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes