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$289,411

NAL Estimated Property Value

3505 Sage Rd Unit 414, Houston, TX, 77056

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,399 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$200.14 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Exterior

Exterior FeaturesOutdoor Kitchen

Building Information

Year Built2000

Land Information

APN1222770000050
SubdivisionThe Mark Condo 3rd Amend
Land UseResidential
Legal DescriptionUNIT 414 .004153 INT COMMON LAND & ELE THE MARK CONDO 3RD AMEND
Census Tract431901
Assessed Land Value$54,988
Assessed Improvement Value$234,423
Assessment Year2025

About this property

Experience a low-maintenance lock & leave lifestyle at its finest and most convenient. This 2 bedroom 2.5 bathroom condominium is nestled in the heart of The Galleria. Minutes away from the best retail and fine wining & dining destinations. This open concept floorplan is located on the corner which grants direct balcony access to every room with unparalleled views of the pool area. Stop by and take a look

Investor Tools

Property Icon
$289,411
Estimated Property Value
$209,667Estimated Mortgage Balance
$79,744Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,736 /month
Positive
Cash Flow Estimate:
$579 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$222/month
$749/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,221
$289,411
2025
$54,988
$234,423
$289,411
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,221
$289,411

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$220,000
No
First
Oct 23, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$209,667
$79,744
27%
72%
$1,320/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$2,069/mo
$-109/mo
8.1%

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 414 | Property Details | No Agent List