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Owner Contacts

$271,741

NAL Estimated Property Value

3505 Sage Road 806, Houston, TX, 77056

Off Market

2 Beds

2 Bath

1,196 Sq Ft

$221.57 / sqft

Built in 2000

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

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

FlooringCarpet, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2000

Land Information

APN1222770000091

SubdivisionThe Mark Condo 3rd Amend

Land UseResidential

Legal DescriptionUNIT 806 .003551 INT COMMON LAND & ELE THE MARK CONDO 3RD AMEND

Census Tract431901

Assessed Land Value$51,631

Assessed Improvement Value$220,110

Assessment Year2025

About this property

Upscale lifestyle at the Marks highrise in the heart of the Galleria. Easy commute to the inner loop,medical center & downtown. Enjoy the services of concierge & valet parking,mingle & cookout at the pool, conference & business center, and fitness room. Assigned one parking,additional parking on 6th floor. Fresh new paint and neutral carpet in bedrooms coming soon. Open air space on the full length balcony. This modern 2/2 has an open concept, kitchen to living area, and the bedrooms split on each side. En-suite bathrooms for each bedroom w/the primary having double sinks,tub & shower. Monthly maintenance includes bldg concierge,porter & valet parking,onsite management,recreational facilities includes pool,gymn,liabrary & open conference space, water & sewer,trash.

Investor Tools

$271,741

Estimated Property Value

$168,329Estimated Mortgage Balance

$103,412Estimated Equity

38% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,630 /month

Positive

Cash Flow Estimate:

$543 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$610/month

$677/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,960

$271,741

2025

$51,631

$220,110

$271,741

Yes (2023)

Tax History

Year

Tax Paid

Assessed Value

2024

$5,960

$271,741

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

336 Plaza Llc

Open End Mortgage / Open End With Future Advance Clause

$180,000

First

Nov 10, 2022

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$168,329

$103,412

38%

62%

$1,080/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$1,757/mo

+$203/mo

8.7%

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