277Days on Market

1view

$2,800

915 Franklin St Unit 3d, Houston, TX, 77002

On Market

Lease

2 Beds

2 Bath

1,180 Sq Ft

Condos / Townhouses

$2.37 / sqft

Built in 1997

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher

FlooringTile, Wood

Building Information

Year Built1997

Garage Spaces2

Land Information

APN1207900000019

SubdivisionBayou Lofts Condo 2nd Amend

Land UseResidential

Legal DescriptionUNIT 3D .0087 INT COMMON LAND & ELE BAYOU LOFTS CONDO 8TH AMEND

Census Tract980700

Assessed Land Value$56,886

Assessed Improvement Value$242,513

Assessment Year2025

About this property

Don’t miss this rare chance to rent a piece of Houston history! This spacious 2-bedroom, 2-bath home in the iconic Bayou Lofts offers modern comfort with historic charm. Work from home? The dedicated office/study area has you covered. Prefer turnkey living? Fully furnished is an option too at a higher cost. Inside, you’ll love the exposed 100-year-old brick, cherry hardwood floors. Two premier reserved parking spaces mean no downtown parking stress. Bayou Lofts, a registered historic landmark, provides 24/7 concierge service, a rooftop splash pool with panoramic city views, and a 24/7 fitness center. Step outside, and you’re moments from restaurants, nightlife, and all downtown has to offer. Experience the perfect blend of history, style, and convenience. This is downtown living at its finest!

Interested in this property?

Carlos Cardona

Better Homes and Gardens Real Estate Gary Greene - Downtown

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$565/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,289

$299,399

2025

$56,886

$242,513

$299,399

Tax History

Year

Tax Paid

Assessed Value

2024

$5,289

$299,399

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Capital Fcu

Conventional

$243,100

First

Oct 7, 2022

Nov 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$226,935

$72,464

24%

76%

$1,458/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,830/mo

$1,458/mo

+$372/mo

7.3%

Learn About the Market: Opportunity in Houston

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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.

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