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$217,927

NAL Estimated Property Value

705 Main Street 401, Houston, TX, 77002

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths906 Sq Ft
price_per_sqft$231.79 / sqft
Year BuiltBuilt in 1921

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Washer/Dryer
FlooringTile

Building Information

Year Built1921

Land Information

APN1269460000040
SubdivisionSt Germain Condo 3rd Amend
Land UseResidential
Legal DescriptionUNIT 401 .0092 INT COMMON LAND & ELE ST GERMAIN CONDO 4TH AMEND
Census Tract980700
Assessed Land Value$41,406
Assessed Improvement Value$176,521
Assessment Year2025

About this property

Sleek loft situated in the heart of downtown. Premium Main Street views from the living room of this one bedroom, one bath loft. Interior features such as wood look tile floors, high ceilings, granite counters, stainless steel appliances, a spacious bedroom and a huge bathroom! Located directly above the Flying Saucer, the St Germain Lofts is at the corner of the two MetroRail lines making your commute easy! Minutes from all that downtown has to offer such as Minute Maid Park, Toyota Center, market square and plenty of dining and nightlife options! The St. Germain offers a front desk concierge M-F, one assigned parking space in the gated garage, a rooftop deck on the 5th floor, a gym, billiards room and party room.

Investor Tools

Property Icon
$217,927
Estimated Property Value
$0Estimated Mortgage Balance
$217,927Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,308 /month
Positive
Cash Flow Estimate:
$436 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$468/month
$502/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,529
$217,927
2025
$41,406
$176,521
$217,927
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,529
$217,927

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$217,927
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$502/mo
+$1,028/mo
8.4%

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 Street 401 | Property Details | No Agent List