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Owner Contacts

$249,120

NAL Estimated Property Value

705 Main St Unit 709, Houston, TX, 77002

Off Market

1 Beds

1 Bath

948 Sq Ft

Condos / Townhouses

$290.08 / sqft

Built in 1921

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

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

FlooringTile, Wood

Exterior

Exterior FeaturesStorage

Building Information

Year Built1921

Land Information

APN1269460000098

SubdivisionSt Germain Condo 3rd Amend

Land UseResidential

Legal DescriptionUNIT 709 .0092 INT COMMON LAND & ELE ST GERMAIN CONDO 4TH AMEND

Census Tract980700

Assessed Land Value$47,333

Assessed Improvement Value$201,787

Assessment Year2025

About this property

Downtown Gem! Located in the grand St. Germaine Lofts. This corner unit boasts a full remodel. Granite countertops. Custom Programme Martin closet with plenty of space with a full length mirror built in. Custom office built-in cabinets & desk. Exposed brick and high ceilings. New acacia hardwood floors. Big windows for light and views, custom blinds. Custom barn doors lend trendy style and space-saving features. Unique open window with latch for fresh air. Ideal kitchen with gas range. New, spacious bathroom with marble floor & shower and quartz countertops with plenty of storage. New stackable GE washer and dryer included. Fitness center, and community lounge. 5th-floor outdoor terrace for entertaining. Less than one block from both East/West METRORAIL stop, and North/South METRORAIL stop. Unbelievable location for living and commuting.

Investor Tools

$249,120

Estimated Property Value

$180,811Estimated Mortgage Balance

$68,309Estimated Equity

27% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,650 /month

Positive

Cash Flow Estimate:

$550 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$529/month

$515/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,098

$249,120

2025

$47,333

$201,787

$249,120

Tax History

Year

Tax Paid

Assessed Value

2024

$5,098

$249,120

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Randolph Brooks Fcu

Conventional

$198,000

First

Oct 25, 2021

Nov 2036

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$180,811

$68,309

27%

73%

$1,188/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,530/mo

$1,703/mo

$-173/mo

7.4%

Learn About the Market: Opportunity in Houston

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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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