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General Description

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Luxurious LAKEFRONT LOT located in the heart of the prestigious and exclusive gated community Sovereign Shores with OVER an ACRE of land to build your DREAM HOME! Buildable lake front lots are hard to find in Fort Bend County and this one is situated on 1.2 acres, gated commmunity and offers a SERENE view from your own backyard! With wide street frontage this lot can accommodate your new dream home complete with circular driveway, sparkling pool and anything else your heart desires such as additional buildings, barn, or shed! This is a prime location close to shopping, dining and easy access to Southwest Freeway for quick commuting. Opportunities like this do not last long in this market so call the Seth Brothers Today because this could be YOUR next dream home!!

MLS#:

9860027 (HAR)

Sold Price Range:

$1,242,001 - $1,425,000

Listing Status:

Sold

Address:

20 Sovereign Circle

City:

Richmond

State:

Zip Code:

77469

County:

Fort bend County

Subdivision:

Sovereign Shores Estates (View subdivision price trend)

Legal Description:

SOVEREIGN SHORES ESTATES SEC 1, BLOCK 1, LOT 10, ACRES 1.209

Property Type:

Lots

Lot Size:

1.21 Acres /Appraisal District

Maintenance Fee:

$ 1500 / Annually

Key Map©:

606P

Market Area:

Fort Bend South/Richmond

Exterior Features

Water Amenity:

Lake View, Lakefront

Lot Description:

Waterfront

Controlled Access:

Automatic Gate

Water Sewer:

No Sewer, No Water

Cable:

Available

Phone:

Available

Electric:

Electric Available

Gas:

Gas Available

Road Surface:

Concrete

Unit Location:

Waterfront

Additional Information

List Type:

Exclusive Right to Sell/Lease

Buyer Agent Compensation*:

Sub Agent Compensation*:

*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Financial Information

Financing Considered:

Cash Sale, Conventional, FHA, Owner Financing, VA

Other Fees:

Yes / 250 + / Transfer Fee/Cap Fee

Maintenance Fee:

Yes / $1500 / Annually

Taxes w/o Exemp:

$13, 499/2020

Tax Rate:

1.7223

Listing Broker:

eXp Realty, LLC

Property Tax

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Cost/sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$--	$1,380,713	10.53%	$1,380,713	10.53%
2022	$--	$1,249,210	59.38%	$1,249,210	59.38%
2021	$--	$783,780	0.00%	$783,780	0.00%
2020	$--	$783,780	0.00%	$783,780	0.00%
2019	$--	$783,780	0.00%	$783,780	0.00%
2018	$--	$783,780		$783,780

2023 Fort Bend County Appraisal District Tax Value

Market Land Value:	$1,380,713
Market Improvement Value:	$0
Total Market Value:	$1,380,713

fort bend County Appraisal District

2023 Tax Rates

LAMAR CISD:	1.2420 %
FT BEND CO GEN:	0.4383 %
FORT BEND DRNG:	0.0129 %
Total Tax Rate:	1.6932 %

Estimated Mortgage/Tax

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$6,909 Monthly

Estimated Monthly Principal & Interest (Based on the calculation below)	$ 4,961
Estimated Monthly Property Tax (Based on Tax Assessment 2023)	$ 1,9481,948
Home Owners Insurance	Get a Quote

List Price

Loan Term

Months

Years

Down Payment

Annual Interest Rate

Estimated Monthly Principal & Interest

Calculate View Amortization Table

Use this mortgage calculator to create and estimate your monthly mortgage payment(principal and interest) and estimates for property taxes(based on past rates).

Subdivision Facts

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2023 Subdivision Facts

Subdivision Name:

Sovereign Shores Estates

County / Zip Code:

77469

Single Family Properties:

Average Bedrooms:

6.08

Average Baths:

6.55

Median Square Ft.:

9,540

Median Lot Square Ft.:

69,454

Median Year Built:

2010

Median Appraised Value:

$2,802,602

Neighborhood Value Range:

$1918 - $5379 K

Median Price / Square ft.:

$385.24

View Price Trends for Sovereign Shores Estates

Schools

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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.