NOT LISTED FOR SALE

1850 Old Main St Unit 375 Houston, TX 77030

University Place Neighborhood

Estimated Value: $852,000

2 Beds
2 Baths
909 Sq Ft
0.69 Acres

Highlights

  • 0.69 Acre Lot
  • Community Pool
  • Cooling System Powered By Gas
  • Roberts Elementary School Rated A
  • 1 Car Detached Garage
  • Central Heating and Cooling System

About This Home

As of March 2024

Elevate your lifestyle with this exquisite 2-bedroom, 2-bathroom luxury apartment on the 31st floor. Unwind and indulge in the breathtaking city views from your private balcony. The open-concept design seamlessly blends the living and dining areas, creating an inviting space for entertaining. A gourmet kitchen with top-of-the-line appliances awaits your culinary adventures. Luxuriate in the master suite, complete with a spa-like ensuite bathroom.

Located in the heart of Houston, this condo offers unparalleled convenience. Situated near the prestigious Texas Medical Center, Rice University, and picturesque Hermann Park, you'll be surrounded by world-class institutions and green spaces.

For added convenience, this condo can be leased with furniture for an additional rent, making your move-in seamless and hassle-free. Plus, an EV charger on-site ensures you can effortlessly power up your electric vehicle.

Experience urban living at its finest with luxurious amenities!

Last Agent to Rent the Property

Rachael Reynolds

Skyline Realty License #0660563 Listed on: 07/26/2023

Last Renter's Agent

Yucen Li

HomePlus Realty Group License #0778311

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,411,714

Year Built

  • Built in 2016

Lot Details

  • 0.69

Parking

  • 1 Car Detached Garage

Home Design

  • 909 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Roberts Elementary School
  • Pershing Middle School
  • Lamar High School

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Property Available on 8/1/23
  • 6 Month Lease Term

Community Details

Overview

  • Mid-Rise Condominium
  • Texas Building Condos
  • Medical Center Subdivision
  • 38-Story Property

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit Required

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,411,714

Year Built

Built in 2016

Lot Details

0

Parking

1

Rental Info

  • Lease Term: 6 Months
  • Available Date: 2023-08-01

Listing Details

  • Directions: Head north on W Loop Fwy S. Turn left toward I-610 S. Turn left onto W Loop Fwy N Take left ramp onto I-610 S Then 1.6 miles Take exit 8B toward Downtown/US-59 N onto I-69 N (Southwest Fwy) Take exit 126B toward Greenbriar Dr/Shepherd Dr onto Southwest Fwy Turn right onto Greenbriar Dr Turn left onto University Blvd. Turn right onto Main St. Keep right onto Main St toward Holcombe Turn right onto Old Main St.
  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Year Built: 2016
  • Lot Size Acres: 0.6923
  • Subdivision Name: Medical Center
  • Architectural Style: Mid Rise
  • Entry Level: 31
  • Garage Yn: Yes
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 909.0
  • Stories: 38
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Other
  • Pool Private: No

Garage/Parking

  • Park Building Name: TEXAS BUILDING
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Central Air, Electric, Gas
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Community Pool
  • Pets Allowed: Conditional, Pet Deposit

Schools

  • Elementary School: ROBERTS ELEMENTARY SCHOOL (HOUSTON)
  • Junior High Dist: 27 - Houston
  • High School: LAMAR HIGH SCHOOL (HOUSTON)
  • Middle Or Junior School: PERSHING MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2023
Sold by
Medistar Tmc Hotel Llc
Bought by
Scp 6750 Main Street Llc
Current Estimated Value
$852,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,080,000
Outstanding Balance
$25,105,209
Interest Rate
6.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2016
Sold by
Medistar Houston Medical Center Ltd
Bought by
Gs Tmc Jv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,119,141
Interest Rate
3.71%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Scp 6750 Main Street Llc $75,916,400 Alamo Title Company
Gs Tmc Jv Llc -- Alamo Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scp 6750 Main Street Llc $57,080,000
Previous Owner Gs Tmc Jv Llc $130,119,141
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Rented $3,650 +21.7% --
03/07/2024 03/07/24 Under Contract -- -- --
01/25/2024 01/25/24 Price Changed $3,000 +6.2% $3 / Sq Ft
10/09/2023 10/09/23 Price Changed $2,825 -3.4% $3 / Sq Ft
08/19/2023 08/19/23 Price Changed $2,925 -8.6% $3 / Sq Ft
07/26/2023 07/26/23 For Rent $3,200 -- --
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,411,714 $115,262,741 $6,031,000 $109,231,741
2023 $2,411,714 $129,003,516 $6,031,000 $122,972,516
2022 $2,714,193 $123,266,550 $6,031,000 $117,235,550
2021 $2,327,470 $99,863,026 $6,031,000 $93,832,026
2020 $2,432,426 $100,447,774 $6,031,000 $94,416,774
2019 $2,687,806 $106,218,801 $4,523,250 $101,695,551
2018 $1,547,703 $61,163,313 $4,523,250 $56,640,063
2017 $364,223 $14,404,335 $4,523,250 $9,881,085
2016 $306,120 $12,106,483 $12,061,800 $44,683
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 72519872

Houston Association of REALTORS®

APN: 1380290000001