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For sale by owner
  • Price cut: $36K (7/26)
    $585,000

    3227 Waters Way Dr, Sugar Land, TX 77478

    4beds
    2,842sqft
    : 
    $4,296/mo
    Get pre-qualified
    SingleFamily
    Built in 1988
    8,097 Square Feet Lot
    $534,500 Zestimate®
    $206/sqft
    $85/mo HOA

    Overview

    Water Views From Your Front Door This brick home sits on a quiet street with unobstructed lake views and a neighborhood park just steps away. Every room has been fully remodeled with high-end, modern finishes. Located in an excellent neighborhood, the property is two blocks from the elementary school and minutes from shopping, Hwy 59, Beltway 8, and Hwy 6. Property Highlights: Mechanical & Structural: New roof (2024), new AC system (2025), and completely replaced air duct lines. Premium Flooring: High-end porcelain tile flooring runs seamlessly throughout the entire first floor, including the entry, lounge, family room, dining room, and kitchen. Remodeled Kitchen: Features premium quartz countertops, a gas stove, a custom stove vent hood, under-cabinet lighting, a central island, and a breakfast nook. All stainless steel appliances stay, including a brand new 2026 refrigerator. Updated Bathrooms: The primary bathroom features quartz countertops, a double vanity, a standalone tub, and a separate shower. The upstairs bathroom is also fully remodeled with quartz countertops and porcelain tile floors. Layout & Features: Large rooms for entertaining, a spacious multi-use bonus area upstairs, and secondary bedrooms with custom built-in bookshelves. Exterior & Convenience: Fully fenced backyard with a comprehensive front and backyard sprinkler system. Dedicated indoor utility room with washer and dryer included. To schedule a private showing, please contact the owner directly at 661 205 3237
    What the owner loves about this home
    The standout feature of this home is the direct, unobstructed water view right outside the front door. The lake features a central island that serves as a natural sanctuary, allowing you to watch migrating birds, fishing, kayaking and local wildlife daily from the front of the property. Living here provides access to the exceptional lifestyle amenities of the First Colony community. The neighborhood features scenic walking trails and parks just steps away, alongside access to 11 community pools, a disk golf course, tennis courts, and the premier First Colony Aquatic Center—complete with a fitness lap pool, lazy river, waterslide, and weekend kayak rentals. The everyday convenience is unmatched, with Highlands Elementary located an easy two-block walk away and quick access to Highway 59, Beltway 8, Highway 6, and local shopping.
    75 days
    110
    2
    Listed by:

    Property Owner (661) 205-3237

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Other, Gas
      Cooling
      • Central
      Appliances
      • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
      Features
      • Balcony, Fire/Smoke Alarm, Intercom System, Alarm System - Leased, Drapes/Curtains/Window Cover, High Ceiling, Refrigerator Included, Washer Included, Crown Molding, Formal Entry/Foyer
      • Flooring: Tile, Carpet
      • Has fireplace: Yes
      • Fireplace features: Gas Connections
      Interior area
      • Total interior livable area: 2,842 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Detached
      Features
      • Patio & porch: Patio
      • Exterior features: Brick
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Lake
      Lot
      • Size: 8,097 Square Feet
      Details
      • Parcel number: 4768010030050907

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional, Contemporary/Modern, Georgian
      Materials
      • Wood
      • Foundation: Crawl/Raised
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1988

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      Green energy
      • Energy efficient items: Doors, Insulation, HVAC, Appliances, Thermostat, Exposure/Shade

      Community & HOA

      HOA
      • Has HOA: Yes
      • HOA fee: $85 monthly
      Location
      • Region: Sugar Land

      Financial & listing details

      • Price per square foot: $206/sqft
      • Tax assessed value: $416,448
      • Annual tax amount: $5,572
      • Date on market: 6/22/2026

        Estimated market value

        $534,500

        $508,000 - $561,000

        $2,793/mo

        Price history

        DateEventPrice
        8/6/2026Pending sale$549,000$193/sqft
        Source: HAR #40285129 Report a problem
        7/26/2026Price change$549,000-6.2%$193/sqft
        Source: HAR #40285129 Report a problem
        7/10/2026Price change$585,000-3.9%$206/sqft
        Source: HAR #40285129 Report a problem
        6/22/2026Listed for sale$608,900+117.5%$214/sqft
        Source: Owner Report a problem
        2/24/2020Listing removed$280,000$99/sqft
        Source: Keller Williams Realty #69091275 Report a problem
        1/19/2020Pending sale$280,000$99/sqft
        Source: Keller Williams Realty #69091275 Report a problem
        1/10/2020Listed for sale$280,000$99/sqft
        Source: Keller Williams Realty #69091275 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,572 +8%$387,987 +10%
        2024$5,160 +10.7%$352,715 +10%
        2023$4,663 -2.5%$320,650 +10%
        2022$4,784 +2.4%$291,500 +10%
        2021$4,672 -30%$265,000 -19.4%
        2020$6,674 +17%$328,800 +5.4%
        2019$5,702 -6.2%$311,880 -3.8%
        2018$6,078 +1.5%$324,130 +2.9%
        2017$5,986 $315,050 +5.2%
        2016$5,986 +13.5%$299,560 +7.9%
        2015$5,272 -3%$277,670 +10%
        2014$5,436 $252,430 +4.2%
        2013-- $242,340 -7.3%
        2012-- $261,440 +10%
        2011-- $237,670
        2010-- $237,670 +1.3%
        2009-- $234,730 -4.7%
        2008-- $246,180 +10%
        2007-- $223,800 +2.3%
        2006-- $218,710 +6.5%
        2005-- $205,300 +9.1%
        2004-- $188,100
        2003-- --
        2002-- --
        2001-- --
        2000-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Edgewater

        Getting around

        27 / 100
        Car-Dependent
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Highlands Elementary School (fort Bend)
        • Middle: Dulles Middle School
        • High: Dulles High School
        • District: 19 - Fort Bend

        Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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