Street View

B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$195,890

3505 Sage Rd Unit 1508, Houston, TX, 77056

Off Market

1 Beds

1 Bath

787 Sq Ft

Condos / Townhouses

$2.03 / sqft

Built in 2000

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesDisposal, Wine Refrigerator, Electric Oven, Microwave, Electric Cooktop, Electric Range, Refrigerator, Dishwasher

FlooringTile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2000

Land Information

APN1222770000153

SubdivisionThe Mark Condo 3rd Amend

Land UseResidential

Legal DescriptionUNIT 1508 .002339 INT COMMON LAND & ELE THE MARK CONDO 3RD AMEND

Census Tract431901

Assessed Land Value$37,219

Assessed Improvement Value$158,671

Assessment Year2025

About this property

MOTIVATED SELLER! ALSO AVAILABLE FOR SALE Immerse yourself in the perfect blend of elegance and practicality. This property offers effortless access to premier high-end restaurants and shopping destinations, ensuring a lifestyle of comfort and sophistication. This stunning condominium, offers breathtaking views from the prestigious Sage building, located in the heart of Houston's Galleria/Uptown Park area. HOA dues cover these Exclusive Amenities: Free Lobby WiFi, 24-Hour Concierge ensuring exceptional service, Access-Controlled Security System for peace of mind, water, water heater, sewer, trash, common area electric, gas, cable, security, insurance on structure, use of Billiard Room, Fully equipped Fitness Center, Business Center to cater to work and leisure, Resort-Style Pool with a relaxing Hot Tub, Cabana with grilling stations, and Includes assigned parking spot.

Investor Tools

$195,890

Estimated Property Value

$181,800Estimated Mortgage Balance

$23,173Estimated Equity

7% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,175 /month

Positive

Cash Flow Estimate:

$392 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$440/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,297

$195,890

2025

$37,219

$158,671

$195,890

Tax History

Year

Tax Paid

Assessed Value

2024

$4,297

$195,890

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Texas Dow Employees Cu

Conventional

$181,800

First

Sep 23, 2022

Oct 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$172,717

$23,173

11%

88%

$1,075/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,640/mo

$1,075/mo

+$565/mo

10.0%

Learn About the Market: Opportunity in Houston

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 This Area