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$275,000

711 Main Street 505, Houston, TX, 77002

$330,169 ARVInfo
PendingInfo
Beds2 Beds
Baths3 Bath
Baths1,812 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$151.77 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Water Softener, Electric Oven, Microwave, Electric Range, Full Size, Dishwasher, Washer/Dryer
FlooringConcrete, Terrazzo, Wood

Exterior

Exterior FeaturesExercise Room, Trash Pick Up

Building Information

Year Built1990

Land Information

APN1216390000016
SubdivisionThe Capitol Lofts Condo Amend
Land UseResidential
Legal DescriptionUNIT 505 .03753 INT COMMON LAND & ELE THE CAPITOL LOFTS CONDO AMEND
Census Tract980700
Assessed Land Value$64,462
Assessed Improvement Value$274,812
Assessment Year2025

About this property

Discover a rare blend of history, character, and modern luxury in this one-of-a-kind downtown loft. This spacious corner unit showcases exposed brick walls, open concrete ceilings, and industrial ductwork—creating an authentic loft atmosphere that feels both timeless and contemporary. The open living and dining areas flow seamlessly into a chef’s kitchen designed for creativity and connection, featuring a Sub-Zero refrigerator, stainless appliances, granite countertops, European-style cabinetry, and bar seating. Upstairs, retreat to expansive bedrooms and spa-inspired bath complete with marble floors, dual vanities, Jacuzzi tub, and oversized walk-in closet. Hardwood flooring and thoughtful modern finishes add warmth and elegance throughout. Enjoy peace of mind with two tandem parking spaces, controlled building access, fitness center, and rooftop terrace with stunning skyline views. Steps from MetroRail, Downtown tunnels, Minute Maid Park, and Houston’s best restaurants and theaters.

Investor Tools

$488,811Estimated Mortgage Balance
$339,274Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$330,168
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,036 /month
Positive
Cash Flow Estimate:
$679 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$500/month
$1,505/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,298
$339,274
2025
$64,462
$274,812
$339,274
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,298
$339,274

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Houston Capital Mortgage
Conventional
$317,500
No
First
Dec 12, 2014
Jan 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$488,811
N/A
0%
144%
$3,040/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,830/mo
$4,545/mo
$-2,715/mo
6.5%

City: Houston

711 Main Street 505 | Property Details | No Agent List