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B+
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Days65Days on Market
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$185,000

3505 Sage Road 1508, Houston, TX, 77056

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths787 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$235.07 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Microwave, Electric Cooktop, Dishwasher
FlooringTile, Vinyl

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2000

Land Information

APN1222770000153
SubdivisionThe Mark Condo 3rd Amend
Land UseResidential
Legal DescriptionUNIT 1508 .002339 INT COMMON LAND & ELE THE MARK CONDO 3RD AMEND
Census Tract431901
Assessed Land Value$37,219
Assessed Improvement Value$158,671
Assessment Year2025

About this property

Welcome to The Mark Condominiums, located at 3505 Sage Road, Unit 1508. This high-rise residence delivers an enhanced urban lifestyle with standout updates, featuring a brand-new HVAC system and integrated smart home controls for optimal comfort and efficiency. The open-concept kitchen functions beautifully for daily meal preparation and entertaining, displaying granite countertops, updated cabinetry, a central island, and a dedicated wine cooler. Enjoy a completely carpet-free interior with pristine tile and modern vinyl plank flooring spanning across the living spaces. The living area opens directly to a private balcony, expanding your functional living space outdoors. Residents enjoy exceptional community amenities within walking distance of multiple shopping areas and dining options, supported by a 24-hour concierge, on-site guard, valet services, a fully equipped gym, a conference facility, and an enclosed community pool and spa. Call us today to schedule your private showing.

Investor Tools

$172,487Estimated Mortgage Balance
$23,403Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,175 /month
Positive
Cash Flow Estimate:
$392 /month

Interested in this property?

Jamie McMartin

Compass RE Texas, LLC - West Houston

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$440/month
$571/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,297
$195,890
2025
$37,219
$158,671
$195,890
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,297
$195,890

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dow Employees Cu
Conventional
$181,800
No
First
Sep 23, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$172,487
$23,403
11%
88%
$1,075/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,646/mo
$-6/mo
10.0%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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 Road 1508 | Property Details | No Agent List