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B+
NoAgentList RatingHow are grades calculated? Info

$299,399

915 Franklin Street 3D, Houston, TX, 77002

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,180 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$250 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Gas Range, Dishwasher, Washer/Dryer
FlooringTile, Wood

Building Information

Year Built1997

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

Rare 2 bedroom, 2 bath, corner unit with spectacular views in historic Bayou Lofts. Gleaming hardwood floors, warm brick walls, open living and high ceilings. Numerous updates within just the last year include: new windows with magnetic inserts making the home incredibly quiet and energy efficient, new main HVAC unit with UV light system, new kitchen appliances including double oven with air fryer, water purification system at sink, updated paint, air ducts cleaned and more! Bayou Lofts offers 24/7 concierge services, fitness center and rooftop pool! Internet, basic cable, water, gas and porter pick up of garbage and recycling are included. This unit has two of the best garage parking spaces and a large storage cage. Home did not lose power during the freeze or during storms in the last 3 years! *per seller Live in the heart of downtown with easy access to the rail, restaurants, theaters and the new POST!

Investor Tools

Property Icon
$299,399
Estimated Property Value
$0Estimated Mortgage Balance
$72,464Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,796 /month
Positive
Cash Flow Estimate:
$599 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$565/month
$1,043/month
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
No

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
No
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
$2,501/mo
$-671/mo
7.3%

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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915 Franklin Street 3D | Property Details | No Agent List