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$463,958

NAL Estimated Property Value

1211 Caroline St Unit 1101, Houston, TX, 77002

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,393 Sq Ft
price_per_sqft$376.88 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Wine Refrigerator, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2018

Land Information

APN1402910040001
Land UseResidential
Legal DescriptionUNIT 1101 .0103 INT COMMON LAND & ELE MARLOWE CONDO 4TH AMEND
Census Tract100001
Assessed Land Value$88,152
Assessed Improvement Value$375,806
Assessment Year2025

About this property

Welcome to Unit 1101 at Marlowe where modern design meets city living. This 2-bedroom, 2.5-bath home features an open layout filled with natural light, floor-to-ceiling windows, and a private balcony with stunning downtown views. The sleek kitchen offers a gas range, wine cooler, ice maker, soft-close cabinets, and an oversized island perfect for gatherings. The spacious primary suite includes a spa-like en-suite with dual sinks, a rain shower, and a large walk-in closet. The second bedroom offers its own en-suite and walk-in closet, ideal for guests or a home office. Additional highlights include a half bath off the entry, hidden laundry with a stackable washer and dryer, and thoughtful finishes throughout. Enjoy high-rise living with easy access to dining, entertainment, and sports venues.

Investor Tools

Property Icon
$463,958
Estimated Property Value
$228,361Estimated Mortgage Balance
$235,597Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$887/month
$907/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,322
$463,958
2025
$88,152
$375,806
$463,958
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,322
$463,958

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zillow Home Loans Llc
Conventional
$231,750
No
First
Jul 31, 2025
Aug 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,361
$235,597
50%
49%
$1,390/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,830/mo
$2,297/mo
$-467/mo
4.7%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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1211 Caroline St Unit 1101 | Property Details | No Agent List