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Owner Contacts

$250,000

NAL Estimated Property Value

914 Main St Unit 1206, Houston, TX, 77002

Off Market

2 Beds

2 Bath

1,468 Sq Ft

Condos / Townhouses

$183.24 / sqft

Built in 1995

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesStorage

Building Information

Year Built1995

Land Information

APN1225970000068

SubdivisionCommerce Tower Condo 7th Amend

Land UseResidential

Legal DescriptionUNIT 1206 .0053 INT COMMON LAND & ELE COMMERCE TOWER CONDO 7TH AMEND

Census Tract980700

Assessed Land Value$44,650

Assessed Improvement Value$190,350

Assessment Year2025

About this property

Lovely 2/2 in Downtown’s premier full-service building, Commerce Towers. Great floor plan offers open LR/DR/Kitchen with engineered hardwoods & AMAZING CLOSET SPACE THROUGHOUT! Kitchen features Brookhaven cabinets, SS appliances, granite countertops & breakfast bar. ONE assigned parking space. Washer, dryer, refrigerator, microwave, TV projection equipment & screen included. Commerce Towers offers concierge, 24/7 valet parking for residents & guests, security officer in evenings & nights, fitness center, heated rooftop pool with multiple outdoor decks & amazing skyline views, rooftop putting green, 2 party rooms, conference room, climate controlled storage & direct access to Downtown's 7 mile tunnel system! On MetroRail & walking distance to Theater District, Hobby Center for Arts, Discovery Green Park, Market Sq. Park, Minute Maid stadium, Toyota Center, Buffalo Bayou Hike & Bike Trails, restaurants, bars & ALL Downtown attractions. SHORT TERM AIRBNB TYPE RENTALS NOT ALLOWED!

Investor Tools

$250,000

Estimated Property Value

$77,359Estimated Mortgage Balance

$172,641Estimated Equity

69% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,614 /month

Positive

Cash Flow Estimate:

$538 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$362/month

$1,029/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,090

$235,000

2025

$44,650

$190,350

$235,000

Tax History

Year

Tax Paid

Assessed Value

2024

$3,090

$235,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Prosperity Bank

Conventional

$78,000

First

Jul 14, 2025

Aug 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$77,359

$172,641

69%

31%

$526/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,530/mo

$1,555/mo

$-25/mo

7.3%

Learn About the Market: Opportunity in Houston

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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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