318 Main St Unit 3A
Higher is a better buy. 50 is "priced about right for what it is". The last step curves the raw advantage onto 0–100, so points stop being one-for-one at the extremes.
💵What this unit actually costs per month
32% of that payment is not the mortgage. The HOA fee alone is $78,480 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $6,004.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($44,950). Common for small associations and not a defect on its own, but it does remove FHA buyers from your resale pool.
Minimum realistic down payment here: 5% · verify on HUD's lookup
Rate is the Freddie Mac PMMS 30-year average for the week of 2026-10-08 — a national survey figure, not a quote. Tax, insurance and closing costs are estimates; your own Loan Estimate is the real number.
This building's HOA fees
We haven't reconstructed a multi-year fee history for this building yet. We have one recorded fee on file ($1,606 in 2026), not enough for a trend yet. The listing shows $1,308/mo today. Upload its HOA docs and we'll build the full reserve & special-assessment report — free.
🏢 Get this building's free HOA report →✅ Positives
- Newer build (2015)
⚠️ Cons
- 20% above model fair value
- HOA $1308/mo
- Ground floor
🚩 Red flags
- Very high HOA $1308/mo (full-service high-rise)
- Only 2 photos — verify condition
Photos
Price history (this unit)
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Description
Lumina studio ready for new homeowner. Quiet end unit with patio in garden. Approx 45,000 square feet of amenities. 24/7 doorman, Woodlands market.