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$198,000

NAL Estimated Property Value

3525 Sage Road 1315, Houston, TX, 77056

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,095 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$200 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Wood

Exterior

Exterior FeaturesOutdoor Kitchen, Balcony

Building Information

Year Built1985

Land Information

APN1167020130015
Subdivision3525 Sage Condo 4th Amend
Land UseResidential
Legal DescriptionUNIT 1315 FLR 13 .0040 INT COMMON LAND & ELE 3525 SAGE CONDO 4TH AMEND
Census Tract431901
Assessed Land Value$36,124
Assessed Improvement Value$154,000
Assessment Year2025

About this property

Fantastic views overlooking Houston Galleria area. Great walking score to retail and restaurants and located with easy access to major freeways. This corner unit has fantastic unobstructed views overlooking Houston Galleria area.The two bedroom two bath unit presents itself with granite counters, wood floors in the main living area, real wood cabinetry, crown molding, and recent paint. Kitchen boasts stainless steel appliances and opens into dining/living room. Breakfast bar in kitchen allows ease of entertaining. Building features pool, workout facility, party room, outdoor grilling area, meeting rooms, concierge, controlled access gates and assigned parking in garage all for low monthly HOA. All info per seller

Investor Tools

Property Icon
$198,000
Estimated Property Value
$155,677Estimated Mortgage Balance
$42,323Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,314 /month
Positive
Cash Flow Estimate:
$438 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$440/month
$507/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,285
$190,124
2025
$36,124
$154,000
$190,124
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,285
$190,124

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Bankers And Mortgage Group Inc
Conventional
$170,800
No
First
Sep 2, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,677
$42,323
21%
79%
$1,025/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,532/mo
+$428/mo
11.9%

City: Houston

3525 Sage Road 1315 | Property Details | No Agent List