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Owner Contacts

$319,220

NAL Estimated Property Value

705 Main St Unit 805, Houston, TX, 77002

Off Market

1 Beds

1 Bath

1,087 Sq Ft

Condos / Townhouses

$266.7 / sqft

Built in 1921

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Instant Hot Water, Washer/Dryer

FlooringCarpet, Slate, Wood

Building Information

Year Built1921

Land Information

APN1269460000106

SubdivisionSt Germain Condo 3rd Amend

Land UseResidential

Legal DescriptionUNIT 805 .0092 COMMON LAND & ELE ST GERMAIN CONDO 4TH AMEND

Census Tract980700

Assessed Land Value$60,652

Assessed Improvement Value$258,568

Assessment Year2025

About this property

Exquisite Downtown penthouse at St Germain Lofts is truly one-of-a-kind! 1 Bedroom + separate Study/Flex Room boasts 15 ft ceilings, exposed brick, numerous architectural elements, solid wood interior doors & sophisticated finishes. 5 large windows bring lots of natural light into LR/DR/Kitchen. Kitchen features large island with breakfast bar, abundant cabinet storage, granite counters & backsplash, undercabinet lighting, SS appliances, filtered/on-demand hot water at sink & Pantry. Huge Bath that can be entered from Hallway or Bedroom includes oversized walk-in shower with updated tile surround, amazing storage & separate water closet. Additional attic storage above Study/Flex Room is a huge bonus! One of the best parking spaces in the building! Building has M-F Daytime Concierge, Onsite Management, secured access, gym, rooftop deck & more. On MetroRail and walkable to Theater District, Minute Maid Park, Toyota Center, Discovery Green & Market Sq. Parks & ALL Downtown attractions.

Investor Tools

$319,220

Estimated Property Value

$254,875Estimated Mortgage Balance

$64,345Estimated Equity

20% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

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Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,915 /month

Positive

Cash Flow Estimate:

$638 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$504/month

$587/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,448

$319,220

2025

$60,652

$258,568

$319,220

Tax History

Year

Tax Paid

Assessed Value

2024

$4,448

$319,220

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Texas Professional Mortgage Llc

Conventional

$275,500

First

May 6, 2022

Jun 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$254,875

$64,345

20%

80%

$1,652/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,530/mo

$2,239/mo

$-709/mo

5.8%

Learn About the Market: Opportunity in Houston

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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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