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$245,000

NAL Estimated Property Value

914 Main St Unit 708, Houston, TX, 77002

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,481 Sq Ft
price_per_sqft$181.63 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Exterior FeaturesStorage

Building Information

Year Built1995

Land Information

APN1225970000007
SubdivisionCommerce Tower Condo 7th Amend
Land UseResidential
Legal DescriptionUNIT 708 .0053 INT COMMON LAND & ELE COMMERCE TOWER CONDO 7TH AMEND
Census Tract980700
Assessed Land Value$43,114
Assessed Improvement Value$183,786
Assessment Year2025

About this property

Absolutely pristine 2/2 at Downtown’s premier full-service building, Commerce Towers! Wonderful floor plan with well appointed Kitchen open to spacious Living/Dining Room. Both Bedrooms are abundantly sized and offer generous closet storage. Wood floors throughout (no carpet!) and motorized shades on all windows with blackout shades in Primary Bedroom. Serene neutral white paint throughout creates a blank canvas for your personal furnishings and collectables. Building offers concierge, 24/7 valet parking, security officer in evenings & weekends, gym, heated rooftop pool with multiple decks & amazing skyline views, rooftop putting green, 2 party rooms, conference room, climate controlled storage & direct access to Downtown's tunnel system! On MetroRail & walkable to Theater District, Discovery Green Park, Market Sq. Park, Minute Maid stadium, Toyota Center, Buffalo Bayou Hike & Bike Trails, restaurants, bars & ALL Downtown attractions. NO AIRBNB TYPE OR SHORT TERM RENTALS ALLOWED.

Investor Tools

Property Icon
$245,000
Estimated Property Value
$0Estimated Mortgage Balance
$245,000Estimated Equity
100% 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
$131/month
$1,037/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$349
$226,900
2025
$43,114
$183,786
$226,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$349
$226,900

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$243,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$1,037/mo
+$493/mo
7.5%

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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914 Main St Unit 708 | Property Details | No Agent List