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$214,795

NAL Estimated Property Value

2016 Main Street 105-107, Houston, TX, 77002

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths710 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$225.35 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
FlooringCarpet

Building Information

Year Built1965
Stories1

Land Information

APN1145880240002
Subdivision2016 Main Condo 3rd Amend
Land UseResidential
Legal DescriptionUNIT 2402 FLOOR 24 .0041 INT COMMON LAND & ELE 2016 MAIN CONDO 3RD AMEND
Census Tract410602
Assessed Land Value$40,811
Assessed Improvement Value$173,984
Assessment Year2025

About this property

Prime retail space available at **2016 Main Street Condominiums**, a 26-story residential tower at the edge of Downtown and Midtown Houston. This ground-level commercial unit offers excellent visibility with direct access to Main Street and high foot traffic from residents and visitors. Built in 1965, the building houses 353 residential units and features amenities such as a fitness center, pool, and event spaces. Conveniently located near the METRO Rail, I-45, US-59, and 288, this space is ideal for businesses looking to establish a presence in a thriving urban environment. This space is currently set up as a podcasting studio

Investor Tools

Property Icon
$214,795
Estimated Property Value
$0Estimated Mortgage Balance
$214,795Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,289 /month
Positive
Cash Flow Estimate:
$430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$354/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,176
$214,795
2025
$40,811
$173,984
$214,795
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,176
$214,795

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$214,795
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,830/mo
$800/mo
+$1,030/mo
10.2%

City: Houston

2016 Main Street 105-107 | Property Details | No Agent List