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$246,000

NAL Estimated Property Value

914 Main St Unit 912, Houston, TX, 77002

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,706 Sq Ft
price_per_sqft$143.55 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringLaminate, Tile, Wood

Exterior

Exterior FeaturesStorage

Building Information

Year Built1995

Land Information

APN1225970000035
SubdivisionCommerce Tower Condo 7th Amend
Land UseResidential
Legal DescriptionUNIT 912 .0061 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

What this unit lacks in views it makes up for in price, size & floor plan, plus it's in a full-service building with tons of amenities! Very spacious 1706 sq/ft 2bed/2bath unit has large rooms, engineered & laminate wood floors throughout (no carpet!), plantation shutters, abundant storage, spa-like Primary Bath, fresh paint (October 2024) and 2 assigned garage spaces. Water heater replaced within last year (per Seller). Building offers concierge, 24/7 valet parking for residents & guests, 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 for each unit & 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
$246,000
Estimated Property Value
$185,383Estimated Mortgage Balance
$60,617Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,476 /month
Positive
Cash Flow Estimate:
$492 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$467/month
$1,195/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,380
$235,000
2025
$44,650
$190,350
$235,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,380
$235,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$188,000
No
First
Dec 30, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,383
$58,617
24%
75%
$1,283/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$2,478/mo
$-948/mo
7.5%

Learn About the Market: Opportunity in Houston

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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 912 | Property Details | No Agent List