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$297,000

3505 Sage Rd Unit 2206, Houston, TX, 77056

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,196 Sq Ft
price_per_sqft$248.33 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Cooktop
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2000
Garage Spaces2

Land Information

APN1222770000221
SubdivisionThe Mark Condo 3rd Amend
Land UseResidential
Legal DescriptionUNIT 2206 .003551 INT COMMON LAND & ELE THE MARK CONDO 3RD AMEND
Census Tract431901
Assessed Land Value$51,446
Assessed Improvement Value$219,324
Assessment Year2025

About this property

**Experience luxury high-rise living in the heart of the Galleria!** This beautiful 22nd-floor corner condo offers breathtaking city views, floor-to-ceiling windows, designer finishes, and a private balcony. The open-concept kitchen features granite countertops, an oversized island, stainless steel appliances, a wine fridge, and includes the washer and dryer. Enjoy resort-style amenities including 24-hour concierge, controlled access, fitness center, pool, spa, sauna, business center, game room, and 2 assigned parking spots. Ideally located just minutes from the Galleria, River Oaks, premier dining, shopping, entertainment, and major freeways.

Investor Tools

$256,905Estimated Mortgage Balance
$15,095Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,782 /month
Positive
Cash Flow Estimate:
$594 /month

Interested in this property?

Maggie Castillo

Realty Of America, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$419/month
$1,029/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,672
$270,770
2025
$51,446
$219,324
$270,770
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,672
$270,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending
Fha
$270,019
Yes
First
Nov 30, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,905
$15,095
5%
94%
$1,619/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$2,648/mo
$-688/mo
8.6%

City: Houston

3505 Sage Rd Unit 2206 | Property Details | No Agent List