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$199,000

3505 Sage Road 515, Houston, TX, 77056

PendingInfo
Beds1 Beds
Baths1 Bath
Baths930 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$213.98 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2000

Land Information

APN1222770000066
SubdivisionThe Mark Condo 3rd Amend
Land UseResidential
Legal DescriptionUNIT 515 .002758 INT COMMON LAND & ELE THE MARK CONDO 3RD AMEND
Census Tract431901
Assessed Land Value$39,060
Assessed Improvement Value$166,520
Assessment Year2025

About this property

Enjoy luxury mid-rise living in highly desirable top-floor 1BR, 1-bath duplex at The Mark. This completely updated Unit offers rare advantage of no upstairs neighbors and exceptional natural light .The gourmet kitchen features granite countertops, a kitchen island, and a built-in beverage.The open-concept living area flows seamlessly to one of 2 private balconies,Both balconies overlook the pool, offer panoramic, unobstructed views.The downstairs BR includes a full bathroom and an oversized walk-in closet. Additional highlights include a full-size washer and dryer and an excellent floor plan designed for comfort and functionality.Residents enjoy a truly maintenance-free lifestyle with 24h concierge, a business center, resort-style pool, fitness center, sauna. The unit includes an assigned parking space, ample visitor parking.Ideally located in the heart of the Galleria, just steps from premier shopping, fine dining,Galleria Mall, convenient access to Downtown,Texas Medical Center.

Investor Tools

$0Estimated Mortgage Balance
$205,580Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,233 /month
Positive
Cash Flow Estimate:
$411 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$461/month
$672/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,509
$205,580
2025
$39,060
$166,520
$205,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,509
$205,580

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$205,580
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$672/mo
+$968/mo
9.6%

City: Houston