705 MAIN ST UNIT 206

Blueprint1,465 SF
2
1
1921
N/A
CAP RATE
{{ percent(capRate, 1) }}
ROI
{{ percent(CoC, 1) }}

{{ currency(propertyValue, 0, '-') }}

Property Value

{{ currency(calcParams.purchaseprice, 0, '-') }}

Purchase Price

Managing property on behalf of {{ access?.behalfOf.firstName }} {{ access?.behalfOf.lastName }}
PRE-FORECLOSURE :: AUCTION SCHEDULED {{ longDate(preForeclosureFiling.auctionDate, 'N/A') }}
You’re viewing this property using financial parameters from your search, which differ from your default settings. You’ve adjusted the financial parameters for this property.
Click “Save” to keep these settings linked to this property when viewed in future sessions.
Proposed Cost {{currency(calcParams.purchaseprice)}}
Property Value {{ currency(propertyValue, 0, '-') }}
After Repair Value ({{currency(flipAfterRepairValueSF)}}/SF) {{currency(flipParams?.afterRepairValue)}}
Total Monthly Rent {{ currency(unitsTotalRentalRate) }}
Average Nightly Rate ({{ currency(strRentalRateSF, 2, '-') }}/SF) {{ currency(calcParams.strRentalRate, 0, '-') }}
Rooms
Avg Weekly Rate
Rental Rate {{ currency(monthlyRental, 0, '-') }}
AUTO
{{ firstProformaYearRaw.fiscalYear }}
 
CAP RATE
{{ firstProformaYearRaw.fiscalYear }}
 
ROI
 
Calculator Mode:
Property Type:
Rental Type:
  • Tenant Occupied
  • {{ propertyStore?.property?.mlsSource?.status }}
Custom Edits

Total Investment Initial Investment

{{ currency(netEquity) }}

Current Equity
{{ number(downpaymentWhole) }} %
Flip Only
{{ currency(flipTotalCashInvested) }}
Cash Required
{{ currency(flipNetProfit) }}
Net Profit
BRRRR
{{ currency(flipNetInvestmentAfterRefi) }}
Net Investment
{{ currency(accumulationOfWealth) }}
10-Year Net Gain
Property Description Source: Gold Quest Realty - Galleria

Welcome to this stunning recently updated urban loft in the historic Kress building. This unit is elevating the way we should be living in the city. You are greeted at the door with timeless herringbone floors throughout the common areas. The architectural feature of this home have tons of character, with plenty of space to entertain family in friends. The views from the windows are majestic and exactly what you would expect in downtown. The kitchen is a chef's dream kitchen, with stainless steel appliances and Quarts counter tops. Both the primary and secondary rooms are spacious w/ high ceiling. The bathroom to this loft is like walking into your own oasis; walk in shower, soaking tub and double vanity sinks. The building has M-F concierge, onsite engineer, gym, party room, rooftop deck and 2 reserved garage spots. Home is conveniently located within everything Houston has to offer, MetroRail Central Station, Starbucks, Flying Saucer, Brasa's Steakhouse, Finn Hall and Shake Shack.

Virtual Tour Link
Avatar
Listing Agent: Johnathan Canizalez
Agent Mobile: 713-470-8478
Broker: Gold Quest Realty - Galleria
HAR
Houston Association of Realtors
List Price: $339,995
List date: 02/27/2024
Days on Rescover: 316
MLS Source: HAR
MLS Number: 48573170
MLS Data Sync: 1/8/2025 3:49 PM CST
MLS Disclaimer: All information is subject to change and should be independently verified. Copyright © 2022, HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved.
DISCLAIMER: Rescover, Inc owns and operates the RESCOVER website (the "Site"). Any access of the Site or submission of information to the Site is subject to the Terms of Use. All information submitted to the Site comes from outside sources. Any adaptation of the information is based strictly on assumptions and projections, and are not purported to be actual results. Analysis of and projections made by RESCOVER are for its own purposes to ascertain its pre-determined criteria. All content on the Site accessed by you is "As Is" and without warranty of any kind, express or implied. RESCOVER is not an investment adviser, and does not provide advice of any kind. Any use of the information by you is strictly in accordance with the Terms of Use.

Offcanvas with body scrolling