Houston Daily

The home at 602 Alkire Lake Drive, Sugar Land was sold on Sept. 5 by James Hong and Ashley Ly for $4.12 million.

The buyers were Marie Homere Frias and Heriberto Frias Rangel.

The property tax paid for this property in 2020 was $59,115. This is 1.4% of the assessed value of the home.

This property is one of 115 sales in Sugar Land (Fort Bend County) from Aug. 5 to Sept. 5.

This story was found on BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.