$370,000
NAL Estimated Property Value1211 Caroline St Unit 1006, Houston, TX, 77002
Off Market
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Gas Oven, Oven, Microwave, Gas Range, Refrigerator, Washer/Dryer Stacked, Dishwasher, Washer/Dryer
FlooringTile, Wood
Exterior
Exterior FeaturesBalcony
Building Information
Year Built2018
Land Information
APN1402910030006
Land UseResidential
Legal DescriptionUNIT 1006 .0103 INT COMMON LAND & ELE MARLOWE CONDO 4TH AMEND
Census Tract100001
Assessed Land Value$69,240
Assessed Improvement Value$295,179
Assessment Year2025
About this property
New construction in Downtown Houston. 93 residences with 1,2, and 3 bedrooms. Building features 24hr concierge, valet parking, private garages available, Pied-A-Terre for guests, Starlight Pool, fitness center, massage room, sauna, and fire pit. Standard features: 10ft ceilings with 10ft of glass, PEDINI Cabinets, hardwood floors in living area. Steps away from Discovery Green, Toyota Center, House of Blues, Phoenicia and MORE!
Investor Tools
$370,000
Estimated Property Value
$198,156Estimated Mortgage Balance
$171,844Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,220 /month
Positive
Cash Flow Estimate:
$740 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$909/month
$800/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,056
$364,419
2025
$69,240
$295,179
$364,419
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,056
$364,419
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$221,250
No
First
Dec 23, 2020
Jan 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,156
$183,844
48%
54%
$1,327/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,830/mo
$2,127/mo
$-297/mo
5.9%
