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$224,346

NAL Estimated Property Value

705 Main St Unit 313, Houston, TX, 77002

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,020 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$205.78 / sqft
Year BuiltBuilt in 1921

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Free-Standing Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Building Information

Year Built1921

Land Information

APN1269460000031
SubdivisionSt Germain Condo 3rd Amend
Land UseResidential
Legal DescriptionUNIT 313 .0092 INT COMMON LAND & ELE ST GERMAIN CONDO 4TH AMEND
Census Tract980700
Assessed Land Value$42,626
Assessed Improvement Value$181,720
Assessment Year2025

About this property

Downtown 2 Bed, 1 Bath loft with unique architectural features, soaring ceilings and flexible floor plan! Open LR/DR/Kitchen with reclaimed hardwoods. Kitchen has updated cabinetry, SS appliances, granite counters, white subway tile backsplash, large butcher block island and Pantry. Oversize Bath boasts tub/shower combo, updated cabinetry including 11’ granite vanity with large trough sink and dual faucets! Both bedrooms have generous sized closets. Perfect for using one bedroom as a Home Office if desired. Full-size washer & dryer, refrigerator & 1 assigned garage parking space included. HOA fee includes water, sewer, trash and common area maintenance & insurance. Building has M-F Daytime Concierge, Onsite Property Manager, gym, rooftop deck & community room. On MetroRail and walkable to Theater District, Daikin Park, Toyota Center, Discovery Green Park, Market Sq Park, restaurants, bars, coffee shops & ALL Downtown attractions. HOA PROHIBITS AIRBNB TYPE SHORT TERM RENTALS.

Investor Tools

Property Icon
$224,346
Estimated Property Value
$0Estimated Mortgage Balance
$224,346Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,346 /month
Positive
Cash Flow Estimate:
$449 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$329/month
$806/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,823
$224,346
2025
$42,626
$181,720
$224,346
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,823
$224,346

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$224,346
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$806/mo
+$724/mo
8.2%

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 313 | Property Details | No Agent List