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$277,000

NAL Estimated Property Value

3505 Sage Rd Unit 1506, Houston, TX, 77056

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,196 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.76 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher

Building Information

Year Built2000
Garage Spaces1

Land Information

APN1222770000151
SubdivisionThe Mark Condo 3rd Amend
Land UseResidential
Legal DescriptionUNIT 1506 .003551 INT COMMON LAND & ELE THE MARK CONDO 3RD AMEND
Census Tract431901
Assessed Land Value$51,664
Assessed Improvement Value$220,252
Assessment Year2025

About this property

2 BEDROOM 2 FULL BATHROOMS. Valet Parking, 24 HOUR Concierge, WALKING DISTANCE (2 BLOCKS) to Galleria Mall and the Waterwall. HUGE SUPER LONG BALCONY with AMAZING views of Medical Center and Sunrise and Sunsets from your balcony! This unit has living area and dining area. Both bedrooms have sliding glass door access to balcony and WALK-IN CLOSESTS in both bedrooms. 24 HOUR FITNESS CENTER and BUSINESS CENTER.

Investor Tools

Property Icon
$277,000
Estimated Property Value
$0Estimated Mortgage Balance
$277,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,662 /month
Positive
Cash Flow Estimate:
$554 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$654/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,468
$271,916
2025
$51,664
$220,252
$271,916
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,468
$271,916

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$277,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
N/A
+$1,960/mo
8.5%

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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3505 Sage Rd Unit 1506 | Property Details | No Agent List