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$2,500

711 Main St Unit 601, Houston, TX, 77002

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths1,179 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$2.12 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1990
Garage Spaces1

Land Information

APN1216390000018
SubdivisionThe Capitol Lofts Condo Amend
Land UseResidential
Legal DescriptionUNIT 601 .02442 INT COMMON LAND & ELE THE CAPITOL LOFTS CONDO AMEND
Census Tract980700
Assessed Land Value$47,932
Assessed Improvement Value$204,343
Assessment Year2025

About this property

Experience the best of downtown Houston living in this beautiful historic loft at the highly sought-after Capitol Lofts. This unique residence blends timeless character with modern comfort, featuring exposed brick walls, soaring ceilings, hardwood floors, an open-concept layout, and a private balcony overlooking Main Street. The spacious kitchen includes granite countertops, a large island, abundant cabinet space, and a premium Sub-Zero refrigerator, making it perfect for everyday living and entertaining. The primary suite offers a walk-in closet, double vanity, soaking tub, and separate shower, while the half bath is ideal for guests. Washer, dryer, and one reserved parking space are included. Enjoy controlled access, a fitness center, rooftop terrace, and an unbeatable location within walking distance of restaurants, entertainment, the Theater District, Daikin Park, Toyota Center, METRORail, and Houston’s downtown tunnel system. Schedule your private tour today!

Investor Tools

Property Icon
$270,000
Estimated Property Value
$252,890Estimated Mortgage Balance
$44,412Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

Interested in this property?

Hung Nguyen

The Nguyens & Associates

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$514/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,818
$252,275
2025
$47,932
$204,343
$252,275
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,818
$252,275

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$252,890
No
First
Dec 1, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$225,588
$44,412
16%
84%
$1,517/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$1,517/mo
+$13/mo
6.8%

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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