$289,411
NAL Estimated Property Value3505 Sage Rd Unit 414, Houston, TX, 77056
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
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
$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
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%
