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$394,000

NAL Estimated Property Value

1211 Caroline St Unit 902, Houston, TX, 77002

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,122 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$409.98 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Electric Cooktop, Refrigerator, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen, Balcony

Building Information

Year Built2018

Land Information

APN1402910020002
Land UseResidential
Legal DescriptionUNIT 902 .0103 INT COMMON LAND & ELE MARLOWE CONDO 4TH AMEND
Census Tract100001
Assessed Land Value$74,202
Assessed Improvement Value$316,333
Assessment Year2025

About this property

PRICE REDUCED! Fabulous unit features one of a kind OVERSIZED TERRACE and STORAGE UNIT included! This condo sits on the 9th floor with pool view and fantastic outdoor space. Barely Lived-in with spacious hallway and abundant natural lighting from the 10’ floor to ceiling windows. This residence offers automatized shades, custom closets, custom paint, 2 unassigned parking spaces, and a reserved storage unit space. Building features 24hr concierge, valet parking, bike parking stations, Pied-A-Terre for guests, pool and hot tub, fire pit, fitness center, sauna, and massage room. This unit includes PEDINI Cabinets, Bosch Appliances, wood floors. Located steps away from House of Blues, Convention Center, Discovery Green, Toyota Center. This unit offers a large master and an additional room that can be used as bedroom or an office. MUST SEE!

Investor Tools

Property Icon
$394,000
Estimated Property Value
$0Estimated Mortgage Balance
$394,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,760 /month
Positive
Cash Flow Estimate:
$920 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$973/month
$853/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,705
$390,535
2025
$74,202
$316,333
$390,535
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,705
$390,535

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$390,535
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,830/mo
$853/mo
+$977/mo
5.6%

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 902 | Property Details | No Agent List