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$187,000

NAL Estimated Property Value

3505 Sage Rd Unit 1808, Houston, TX, 77056

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths787 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$247.78 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Electric Oven, Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2000

Land Information

APN1222770000183
SubdivisionThe Mark Condo 3rd Amend
Land UseResidential
Legal DescriptionUNIT 1808 .002339 INT COMMON LAND & ELE THE MARK CONDO 3RD AMEND
Census Tract431901
Assessed Land Value$35,530
Assessed Improvement Value$151,470
Assessment Year2025

About this property

Located in heart of Galleria within walking distance of shopping, restaurants, entertainment, and local parks. Unit 1808 was recently updated with new AC and water heater, kitchen/bathroom cabinets freshly painted, stainless steel appliances, washer/dryer. No carpet with wood floors throughout and not to mention built-in bookshelves in living area. Assigned parking with extra visitor spaces on level 6. Secure entry offering 24 hour concierge and code/card access. Amenities include grand lobby with private library for residence and their guests, state of the art fitness center, dry sauna, stretch room, swimming pool, hot tub, business center, mail room, and on-site management. No maintenance living with solid construction.

Investor Tools

Property Icon
$187,000
Estimated Property Value
$134,381Estimated Mortgage Balance
$52,619Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,170 /month
Positive
Cash Flow Estimate:
$390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$436/month
$414/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,297
$187,000
2025
$35,530
$151,470
$187,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,297
$187,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Preferred Home Lending Llc
Conventional
$148,000
No
First
Jul 21, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$134,381
$52,619
28%
72%
$888/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,302/mo
+$338/mo
10.5%

City: Houston

3505 Sage Rd Unit 1808 | Property Details | No Agent List