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$199,000

915 Franklin St Unit 6f, Houston, TX, 77002

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths698 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$285.1 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Trash Compactor, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringWood

Exterior

Exterior FeaturesStorage

Building Information

Year Built1997

Land Information

APN1207900000061
SubdivisionBayou Lofts Condo 2nd Amend
Land UseResidential
Legal DescriptionUNIT 6F .0065 INT COMMON LAND & ELE BAYOU LOFTS CONDO 8TH AMEND
Census Tract980700
Assessed Land Value$35,460
Assessed Improvement Value$151,174
Assessment Year2025

About this property

Experience the vibrant pulse of Downtown Houston in this charming studio loft at the historic Bayou Lofts! This loft-style residence features a seamless open layout highlighted by authentic industrial charm & modern updates. Step inside to find an inviting living space bathed in abundant natural light with rich hardwood floors that flow throughout. A well-appointed kitchen serves as the heart of the home, equipped with a premium gas range & ample counter space. The straightforward design maximizes every square inch, offering a versatile area for sleeping & dining without carpet. The bathroom features a clean, modern design for everyday comfort in this urban retreat. Residents enjoy exclusive access to a spectacular rooftop deck with panoramic views of the city skyline and a space to unwind. Positioned in a prime location, this property offers effortless access to the METRORail, making commutes simple. Enjoy the lifestyle found near dining, theater & Market Square Park.

Investor Tools

Property Icon
$196,000
Estimated Property Value
$163,445Estimated Mortgage Balance
$50,495Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

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Emily Kung

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$393/month
$756/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,738
$186,634
2025
$35,460
$151,174
$186,634
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,738
$186,634

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Conventional
$163,445
No
First
Nov 24, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,505
$50,495
25%
74%
$980/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$1,736/mo
$-206/mo
9.4%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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915 Franklin St Unit 6f | Property Details | No Agent List