B+

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Owner Contacts

$195,076

NAL Estimated Property Value

3505 Sage Road 2404, Houston, TX, 77056

Off Market

1 Beds

1 Bath

787 Sq Ft

Condos / Townhouses

$254.13 / sqft

Built in 2000

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

FlooringWood

Exterior

Private Pool

Exterior FeaturesStorage, Balcony

Building Information

Year Built2000

Land Information

APN1222770000239

SubdivisionThe Mark Condo 3rd Amend

Land UseResidential

Legal DescriptionUNIT 2404 .002339 INT COMMON LAND & ELE THE MARK CONDO 3RD AMEND

Census Tract431901

Assessed Land Value$37,064

Assessed Improvement Value$158,012

Assessment Year2025

About this property

Live in this beautiful luxurious move-in-ready condo on the 24th floor of The Mark with beautiful downtown views!. Open living/dining area, wood flooring in living & kitchen, carpet in spacious master bedroom ensuite with a large walk-in closet. Kitchen island with slab granite, wine rack, and wine cooler. Recent upgrades include carpet, A/C and Condenser, Water Heater, Garbage Disposal, Double-Paned windows in Living & Bedroom, upgraded hardwood flooring in Kitchen, Living and Foyer, and so much more. See List for details. Building amenities include a fitness and business center's 24-hour concierge, valet parking, and a sparkling pool with an outdoor grill. Located in the heart of the Galleria and within walking distance to restaurants and stores.

Investor Tools

$195,076

Estimated Property Value

$143,760Estimated Mortgage Balance

$51,316Estimated Equity

26% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,200 /month

Positive

Cash Flow Estimate:

$400 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$421/month

$446/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,082

$195,076

2025

$37,064

$158,012

$195,076

Tax History

Year

Tax Paid

Assessed Value

2024

$4,082

$195,076

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Jpmorgan Chase Bank Na

Conventional

$154,000

First

Oct 14, 2022

Nov 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$143,760

$51,316

26%

74%

$924/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,640/mo

$1,370/mo

+$270/mo

10.1%

Learn About the Market: Opportunity in Houston

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