$1,750
3505 Sage Rd Unit 303, Houston, TX, 77056
On Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Washer, Dishwasher, Washer/Dryer
FlooringLaminate, Wood
Exterior
Exterior FeaturesBalcony
Building Information
Year Built2000
Land Information
APN1222770000025
SubdivisionThe Mark Condo 3rd Amend
Land UseResidential
Legal DescriptionUNIT 303 .002687 INT COMMON LAND & ELE THE MARK CONDO 3RD AMEND
Census Tract431901
Assessed Land Value$40,091
Assessed Improvement Value$170,912
Assessment Year2025
About this property
Move in ready, in great condition 1 bedroom, 1 bath, smart lock, pool view, 1 assigned parking spot on same floor, concrete sound reduction walls, 24 hours security,, fob access, onsite management, business center,, lounge, fitness center,, sauna, pool, easy access to US 59 and Loop 610.
Investor Tools
$81,779Estimated Mortgage Balance
$130,224Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,266 /month
Positive
Cash Flow Estimate:
$422 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$325/month
$614/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,840
$211,003
2025
$40,091
$170,912
$211,003
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,840
$211,003
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sente Mortgage Inc
Fha
$126,704
Yes
First
May 17, 2011
Jun 2041
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$81,779
$129,224
61%
39%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$614/mo
+$1,026/mo
9.3%
