Explore this 2,789-square-foot home in Sugar Land’s New Territory, offering 4 bedrooms, 2½ bathrooms, a spacious living area, no carpet, and a covered place to call home. The property is tenant occupied with a lease reported through April 2027; confirm possession terms before planning a move.
If the property can meet primary residence occupancy requirements, Edi Shek’s worksheets illustrate two FHA purchase options:
Option 1 — Lower cash needed: $12,747 in down payment assistance plus a $12,747 closing cost contribution results in an estimated refund of $136.91 at closing, assuming a $4,249 earnest money deposit has already been paid. Illustrated rate: 6.875%; estimated APR: 7.239%.
Option 2 — Lower initial payments: The same illustrated assistance and contribution are paired with a 2-1 buydown: 4.875% in Year 1, 5.875% in Year 2, and 6.875% thereafter; estimated APR: 7.216%. Estimated additional funds needed at closing: $9,531.10 after the assumed earnest money deposit.
A deal brought to you by Edi Shek. To tour the house with the listing agent and check whether either financing option can work with the lease, contact Edi at 832-495-4068.

























