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$235,918

NAL Estimated Property Value

705 Main St Unit 202, Houston, TX, 77002

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,005 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.54 / sqft
Year BuiltBuilt in 1921

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Dishwasher, Washer
FlooringCarpet, Tile, Wood

Building Information

Year Built1921

Land Information

APN1269460000002
SubdivisionSt Germain Condo 3rd Amend
Land UseResidential
Legal DescriptionUNIT 202 .0092 INT COMMON LAND & ELE ST GERMAIN CONDO 4TH AMEND
Census Tract980700
Assessed Land Value$44,824
Assessed Improvement Value$191,094
Assessment Year2025

About this property

Live the urban dream! Spacious 1/1 loft in heart of Downtown; features soaring ceilings and premium finishes throughout. Huge,open LR/DR/Kitchen with hardwoods and wall of windows overlooking Main St! Chef's kitchen has island, granite, SS appliances, & wood cabinetry. Large bath has great storage, granite, & recent custom tub/shower. W/D & 1 assigned garage parking space. Bldg has gym, rooftop deck, M-F concierge & more. On MetroRail, near Theater District, Discovery Green Park, Mkt Sq Park, sporting venues, restaurants, & ALL Downtown attractions.

Investor Tools

Property Icon
$235,918
Estimated Property Value
$197,246Estimated Mortgage Balance
$38,672Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,416 /month
Positive
Cash Flow Estimate:
$472 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$507/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,903
$235,918
2025
$44,824
$191,094
$235,918
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,903
$235,918

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Mortgage Group Llc
Conventional
$205,600
No
First
Feb 21, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,246
$38,672
16%
84%
$1,233/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$1,233/mo
+$297/mo
7.8%

Learn About the Market: Opportunity in Houston

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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 Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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705 Main St Unit 202 | Property Details | No Agent List