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$160,000

705 Main Street 511, Houston, TX, 77002

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths557 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$287.25 / sqft
Year BuiltBuilt in 1921

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Full Size, Washer/Dryer Stacked, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Exterior FeaturesExercise Room, Trash Pick Up, Outdoor Kitchen

Building Information

Year Built1921

Land Information

APN1269460000071
SubdivisionSt Germain Condo 3rd Amend
Land UseResidential
Legal DescriptionUNIT 511 .0092 INT COMMON LAND & ELE ST GERMAIN CONDO 4TH AMEND
Census Tract980700
Assessed Land Value$28,065
Assessed Improvement Value$119,647
Assessment Year2025

About this property

Live in the heart of Downtown Houston at the historic St. Germain Building, ideally located at Main St. and Capitol with convenient access to METRORail, the downtown tunnel system, dining, entertainment, and major employment centers. This charming 5th-floor studio combines historic character with modern comforts, featuring hardwood flooring, soaring ceilings with exposed ductwork, exposed brick accents, and abundant storage throughout. The kitchen is equipped with granite countertops, built-in stainless steel appliances, and ample cabinet space. The spacious bathroom offers a large walk-in shower, oversized vanity, and dedicated washer/dryer area. Residents enjoy premium building amenities including a secure lobby with doorman service, gated parking, fitness center, recreation room for entertaining, and an outdoor patio complete with a grill and pergola. Experience low-maintenance urban living in one of Downtown Houston's most iconic Art Deco buildings.

Investor Tools

$0Estimated Mortgage Balance
$151,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$960 /month
Positive
Cash Flow Estimate:
$320 /month

Interested in this property?

Alex Rezende

AroundTown Properties Inc

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$306/month
$602/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,919
$147,712
2025
$28,065
$119,647
$147,712
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,919
$147,712

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$151,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$602/mo
+$928/mo
12.2%

City: Houston

705 Main Street 511 | Property Details | No Agent List