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Owner Contacts

$198,000

3525 Sage Road 1315, Houston, TX, 77056

Off Market

2 Beds

2 Bath

1,095 Sq Ft

Condos / Townhouses

$200 / sqft

Built in 1985

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

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

$198,000

Estimated Property Value

$0Estimated Mortgage Balance

$42,323Estimated Equity

100% 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

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

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%

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