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$270,350

NAL Estimated Property Value

201 Main Street 4E, Houston, TX, 77002

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,224 Sq Ft
price_per_sqft$212.41 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesIce Maker, Gas Oven, Microwave, Gas Range, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1995

Land Information

APN1228970000016
SubdivisionFranklin Lofts Condo 4th Amend
Land UseResidential
Legal DescriptionUNIT 4E .0069 INT COMMON LAND & ELE FRANKLIN LOFTS CONDO 6TH AMEND
Census Tract980700
Assessed Land Value$51,367
Assessed Improvement Value$218,983
Assessment Year2025

About this property

Welcome to a one-of-a-kind unit available at the Franklin Lofts in Downtown's Historic District. Franklin Lofts was previously the base of the First National Bank. It was built in 1904 and was generally regarded as the first skyscraper in the city - it was converted to residential lofts and renamed in 1999. Unit 4E is a beautiful open concept, 1 bedroom, 1 bath has a spectacular view of Houston that can be seen through the numerous windows. Within the area, you are as close as you can get to nightlife, entertainment, and eatery - grocery and shopping are only minutes away! The unit features large windows that flood the area with natural light, hardwood floors, open ceilings, exposed brick, and a washer/dryer inside the unit. This specific unit also comes with one assigned garage parking spot and the HVAC and water heater were replaced in Q4 of 2021. Come by soon, this won't last long!!

Investor Tools

Property Icon
$270,350
Estimated Property Value
$0Estimated Mortgage Balance
$270,350Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,622 /month
Positive
Cash Flow Estimate:
$541 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$489/month
$740/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,522
$270,350
2025
$51,367
$218,983
$270,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,522
$270,350

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$270,350
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$740/mo
+$790/mo
6.8%

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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201 Main Street 4E | Property Details | No Agent List