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$293,123

NAL Estimated Property Value

201 Main Street 5E, Houston, TX, 77002

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,224 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$244.28 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher, Washer/Dryer, Refrigerator
FlooringTile, Wood

Building Information

Year Built1995

Land Information

APN1228970000027
SubdivisionFranklin Lofts Condo 4th Amend
Land UseResidential
Legal DescriptionUNIT 5E .0069 INT COMMON LAND & ELE FRANKLIN LOFTS CONDO 6TH AMEND
Census Tract980700
Assessed Land Value$55,693
Assessed Improvement Value$237,430
Assessment Year2025

About this property

Make your home in the heart of vibrant Downtown in this meticulously updated 2BD/1BA industrial-chic loft just blocks from Market Square Park and Allen's Landing. Relax and entertain alongside spectacular city views, soaring ceilings and hardwood floors in the open living/dining room. Exposed brick and concrete add to the designer ambiance. The open kitchen impresses with a granite island, upscale appliances, pantry and wine bar. In the owner's suite, you'll find a roomy custom closet. There's a beautifully renovated bath with floor-to-ceiling tile, custom vanity, and jetted tub/rain shower. The bright secondary bedroom is perfect for guests and home office use. Extensive upgrades include all-new doors, motorized blackout shades, custom cabinetry, ceiling fans, water heater, fire sprinklers, A/V wiring and sound-attenuating windows. Smart entry door lock, thermostat and lights. Historic Franklin Lofts offers covered parking, a roof deck and fiber-optic internet.

Investor Tools

Property Icon
$293,123
Estimated Property Value
$0Estimated Mortgage Balance
$293,123Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$621/month
$696/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,986
$293,123
2025
$55,693
$237,430
$293,123
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,986
$293,123

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$293,123
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$696/mo
+$834/mo
6.3%

City: Houston

201 Main Street 5E | Property Details | No Agent List