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$269,900

1211 Caroline St Unit 1302, Houston, TX, 77002

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths727 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$371.25 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling

Exterior

Exterior FeaturesBalcony/Terrace, Exercise Room, Guest Room Available, Storage, Trash Chute, Outdoor Kitchen, Dog Run
Lot Size16,041 sqft

Building Information

Year Built2018

Land Information

APN1402910060002
Land UseResidential
Legal DescriptionUNIT 1302 .0103 INT COMMON LAND & ELE MARLOWE CONDO 4TH AMEND
Census Tract100001
Assessed Land Value$53,312
Assessed Improvement Value$227,278
Assessment Year2025

About this property

Downtown living unfolds between evenings at House of Blues, games at Toyota Center, and Houston Symphony performances. On the 13th floor of Marlowe, completed in 2018, this residence pairs one bedroom with 1.5 baths and a location near the elevator. Black-framed windows frame downtown views, while a private balcony offers a setting for morning coffee or an evening outdoors. A gas stove, included stainless steel refrigerator, and in-unit washer and dryer support everyday routines, while a storage room and one parking space add convenience. Beyond the residence, a pool, fitness room, dry sauna, and rooftop deck create space to recharge. Concierge service, a lounge, outdoor kitchen, and pet run round out the building’s amenities. Midtown is nearby, with access to Montrose, the Museum District, and the Galleria. A downtown address with room for both daily rituals and evenings out.

Investor Tools

$234,925Estimated Mortgage Balance
$45,665Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,684 /month
Positive
Cash Flow Estimate:
$561 /month

Interested in this property?

Jameka Johnson

GRIFFIN LOCATIONS

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$698/month
$1,008/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,973
$280,590
2025
$53,312
$227,278
$280,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,973
$280,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$270,019
Yes
First
Feb 21, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$234,925
$45,665
16%
84%
$1,619/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$2,627/mo
$-1,097/mo
6.5%

City: Houston

1211 Caroline St Unit 1302 | Property Details | No Agent List