1view

Owner Contacts

$146,021

NAL Estimated Property Value

2016 Main Street 1103, Houston, TX, 77002

Off Market

1 Beds

1 Bath

714 Sq Ft

Condos / Townhouses

$217.09 / sqft

Built in 1965

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesDisposal, Double Oven, Microwave, Electric Range, Refrigerator, Dishwasher, Washer/Dryer

FlooringMarble, Tile, Vinyl

Exterior

Exterior FeaturesPlayground, Storage, Outdoor Kitchen, Balcony

Building Information

Year Built1965

Stories1

Land Information

APN1145880110003

Subdivision2016 Main Condo 3rd Amend

Land UseResidential

Legal DescriptionUNIT 1103 FLOOR 11 .0026 INT COMMON LAND & ELE 2016 MAIN CONDO 3RD AMEND

Census Tract410602

Assessed Land Value$27,744

Assessed Improvement Value$118,277

Assessment Year2025

About this property

Twenty Sixteen Main is A SPECIAL PLACE! Carefree living can be yours in the heart of downtown Houston. Enjoy the spectacular view of downtown (11th fl.) from your 19 foot long balcony. Large living/dining combo which opens up to a kitchen w/breakfast bar. Floor to ceiling windows in both living area and bedroom which open to the balcony. Located on the light rail, walking distance to midtown/downtown restaurants, Houston Community College, Houston fire museum, clubs, shopping, and grocery stores. HOA includes: electricity, heating/cooling, cable, internet, water, trash, controlled access, designated parking space, ppol, Jacuzzi, fitness center, business center and lavish lobby. Minor updates for this 1 bedroom,1 bath unit include wood look vinyl flooring and combo washing machine/dryer.

Investor Tools

$146,021

Estimated Property Value

$132,979Estimated Mortgage Balance

$13,042Estimated Equity

8% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$930 /month

Positive

Cash Flow Estimate:

$310 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$170/month

$649/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,315

$146,021

2025

$27,744

$118,277

$146,021

Tax History

Year

Tax Paid

Assessed Value

2024

$1,315

$146,021

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Texas Dow Employees Cu

Conventional

$142,025

First

May 3, 2022

Jun 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$132,979

$13,042

91%

$763/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,530/mo

$1,412/mo

+$118/mo

12.6%

Learn About the Market: Opportunity in Houston

Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore This Area