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$170,000

2016 Main Street 717, Houston, TX, 77002

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths737 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$230.66 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

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

Building Information

Year Built1965
Stories1

Land Information

APN1145880070017
Subdivision2016 Main Condo 3rd Amend
Land UseResidential
Legal DescriptionUNIT 717 FLOOR 7 .0027 INT COMMON LAND & ELE 2016 MAIN CONDO 3RD AMEND
Census Tract410602
Assessed Land Value$36,566
Assessed Improvement Value$155,885
Assessment Year2025

About this property

Great Investment Opportunity! Don’t miss out on this stunning, fully renovated one-bedroom condo in Sterling already tenant-occupied and generating rental income. This beautifully updated unit features a modern kitchen with marble countertops, stainless steel appliances, and an open living/dining area with high ceilings. Marble countertops add elegance to the bathroom as well. ALL BILLS INCLUDED: electricity, internet, cable, water, and trash. AMENITIES: gym, pool, hot tub, lounge area, grills, guest rooms, party room, game room, vending area/ATM, package room, and laundry room. Enjoy the prime location walking distance to Midtown/Downtown parks, dog parks, eateries, theaters, shopping, hotels, and grocery stores. This is a rare find—perfect for investors!

Investor Tools

$0Estimated Mortgage Balance
$192,451Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,155 /month
Positive
Cash Flow Estimate:
$385 /month

Interested in this property?

Nadine Nasser

5X REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$373/month
$737/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,517
$192,451
2025
$36,566
$155,885
$192,451
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,517
$192,451

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$192,451
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$737/mo
+$793/mo
9.5%

City: Houston

2016 Main Street 717 | Property Details | No Agent List