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$200,000

3525 Sage Road 703, Houston, TX, 77056

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,095 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$182.65 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

BankruptcyHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Electric Range, Free-Standing Range, Dishwasher, Washer/Dryer, Oven
FlooringTile

Exterior

Exterior FeaturesOutdoor Kitchen, Balcony

Building Information

Year Built1985

Land Information

APN1167020070003
Subdivision3525 Sage Condo 4th Amend
Land UseResidential
Legal DescriptionUNIT 703 FLR 7 .0040 INT COMMON LAND & ELE 3525 SAGE CONDO 4TH AMEND
Census Tract431901
Assessed Land Value$39,408
Assessed Improvement Value$168,000
Assessment Year2025

About this property

Experience upscale city living in this corner-unit high-rise condo just minutes from The Galleria. Filled with natural light, this residence features granite countertops, a spacious living area, dining room, and private balcony with sweeping city views. Enjoy exceptional amenities including a resort-style pool with grills, courtyard, fitness center, concierge, security, game room, library, business center with copy services, complimentary coffee, trash pickup, and one assigned parking space. Conveniently located near I-610 and I-69, with easy access to River Oaks, Rice Village, Montrose, Memorial Park, and Downtown Houston. Because apparently having everything within minutes is now considered a luxury.

Investor Tools

$256,955Estimated Mortgage Balance
$207,408Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,244 /month
Positive
Cash Flow Estimate:
$415 /month

Interested in this property?

Elizabeth Guzman

LPT Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$475/month
$1,100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,669
$207,408
2025
$39,408
$168,000
$207,408
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,669
$207,408

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Owner Finance Company
Purchase Money Mortgage
$267,400
No
First
Apr 2, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,955
N/A
0%
124%
$1,604/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$2,704/mo
$-744/mo
11.3%

City: Houston

3525 Sage Road 703 | Property Details | No Agent List