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Owner Contacts

$200,655

NAL Estimated Property Value

705 Main St Unit 304, Houston, TX, 77002

Off Market

1 Beds

1 Bath

787 Sq Ft

Condos / Townhouses

$279.54 / sqft

Built in 1921

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

FlooringConcrete, Wood

Building Information

Year Built1921

Land Information

APN1269460000022

SubdivisionSt Germain Condo 3rd Amend

Land UseResidential

Legal DescriptionUNIT 304 .0092 INT COMMON LAND & ELE ST GERMAIN CONDO 4TH AMEND

Census Tract980700

Assessed Land Value$38,124

Assessed Improvement Value$162,531

Assessment Year2025

About this property

This light filled corner unit at St. Germain Lofts is truly one of a kind! Great Downtown views over Main & Capitol Streets through 6 windows, high ceilings, reclaimed wood floors, designer finishes, reasonable HOA fee & 1 premium parking space on ground level of garage are just a some of the outstanding features. Custom sliding frosted glass panels separate Bedroom from Living/Dining. Kitchen features custom cabinets with marble counters, glass mosaic backsplash, SS appliances, beverage cooler & more. Amazing bath has oversize walk-in shower with window, marble countertops, plentiful storage & stunning finishes. Water heater replaced 2018*, AC replaced 2019*, microwave replaced 2020*, washer/dryer replaced 2021*, fresh paint March 2022*. (*=per Seller). Building has daytime M-F daytime concierge, gym, rooftop deck, party room, & onsite manager. Walkable to Theater District, Minute Maid Park, Toyota Center, Discovery Green Park, Buffalo Bayou Park & ALL Downtown attractions.

Investor Tools

$200,655

Estimated Property Value

$0Estimated Mortgage Balance

$200,655Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,320 /month

Positive

Cash Flow Estimate:

$440 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$431/month

$513/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,170

$200,655

2025

$38,124

$162,531

$200,655

Tax History

Year

Tax Paid

Assessed Value

2024

$4,170

$200,655

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$200,655

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,530/mo

$513/mo

+$1,017/mo

9.2%

Learn About the Market: Opportunity in Houston

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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.

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