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$541,000

NAL Estimated Property Value

1211 Caroline Street, Marlowe 1206, Houston, TX, 77002

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths3 Bath
Baths989 Sq Ft
price_per_sqft$2.38 / sqft
Year BuiltBuilt in 2018

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2018

Land Information

APN1402910100006
Land UseResidential
Legal DescriptionUNIT 1706 .0103 INT COMMON LAND & ELE MARLOWE CONDO 4TH AMEND
Census Tract100001
Assessed Land Value$97,917
Assessed Improvement Value$417,433
Assessment Year2025

About this property

Elegant Houston Downtown High Rise living IS here! You will totally enjoy this Hotel style home, 24 hour concierge and valet parking (2 unassigned parking spaces), Starlight Pool and hot tub, fitness center, steam room, massage room, sauna, and fire pit.... Spectacular 2 bed/2 baths with a private balcony located at with open downtown view, features a split floor plan with floor to ceiling windows in the living room, a chef's kitchen with gourmet appliances, Quartz counters, and cabinetry, master bathroom double sink vanity, This building only has 93 condo residences, enjoy an elevated style of living close to dining & entertainment in downtown, both bedrooms have custom space closets! just steps away from Hilton Hotel, 4 season Hotel, Conventional center, Discovery Green, Toyota Center, House of Blues...few miles away from Houston Medical center.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,341/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,393
$515,350
2025
$97,917
$417,433
$515,350
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$13,393
$515,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending
Conventional
$603,250
No
First
Oct 13, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$563,137
N/A
0%
104%
$3,617/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,830/mo
$3,617/mo
$-1,787/mo
4.1%

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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