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$138,000

NAL Estimated Property Value

2016 Main St Apt 911, Houston, TX, 77002

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths487 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$2.57 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Refrigerator, Dishwasher
FlooringTile

Exterior

Exterior FeaturesBalcony, Playground

Building Information

Year Built1965
Stories1
Garage Spaces1

Land Information

APN1145880090011
Subdivision2016 Main Condo 3rd Amend
Land UseResidential
Legal DescriptionUNIT 911 FLOOR 9 .0018 INT COMMON LAND & ELE 2016 MAIN CONDO 3RD AMEND
Census Tract410602
Assessed Land Value$26,190
Assessed Improvement Value$111,653
Assessment Year2025

About this property

Gorgeously updated studio unit with tons of updates. Ceramic tile flooring, wood cabinetry, and a wonderfully designed bathroom make this condo a marvelous home. You will love the balcony view of downtown Houston. All utilities are included along with 24-hour security and one assigned parking garage space. An on-site laundry room, exercise room, and pool are just some of the amenities in this beautiful complex. The location of this unit puts you close to shopping, restaurants, schools, parks, and sporting events. Call today for your private showing.

Investor Tools

Property Icon
$138,000
Estimated Property Value
$71,498Estimated Mortgage Balance
$66,502Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$828 /month
Positive
Cash Flow Estimate:
$276 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$267/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,519
$137,843
2025
$26,190
$111,653
$137,843
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,519
$137,843

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Regions Bank
Commercial
$91,000
No
First
Apr 29, 2016
May 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$71,498
$66,345
48%
52%
$546/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$546/mo
+$984/mo
13.3%

City: Houston

2016 Main St Apt 911 | Property Details | No Agent List