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$395,214

NAL Estimated Property Value

915 Franklin Street 3G, Houston, TX, 77002

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,598 Sq Ft
price_per_sqft$218.4 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesStorage

Building Information

Year Built1997

Land Information

APN1207900000022
SubdivisionBayou Lofts Condo 2nd Amend
Land UseResidential
Legal DescriptionUNIT 3G .0118 INT COMMON LAND & ELE BAYOU LOFTS CONDO 8TH AMEND
Census Tract980700
Assessed Land Value$75,091
Assessed Improvement Value$320,123
Assessment Year2025

About this property

Spacious 2/2 at historic Bayou Lofts combines the architectural elements of an urban loft with a more traditional floor plan. Exposed brick walls, solid oak hardwoods, 9’ ceilings & seeded glass transom windows are a few features. Open LR/DR/Kitchen is perfect for entertaining or relaxing at home! Kitchen boasts gas cooking, abundant storage & counter space, pantry, & large island with breakfast bar & WINE TAP for the red wine lovers! Primary suite has large walk-in closet & Primary Bath with dual sinks & walk-in shower with bench & glass wall! Move-in ready with refrigerator, washer & dryer, 2 covered assigned parking spaces & storage cage in basement included. Bayou Lofts offers 24/7 concierge, onsite manager, gym & rooftop deck with splash pool & stunning Downtown skyline views. Monthly HOA fee includes water, sewer, trash, gas, internet, common area insurance & maintenance, building amenities & staff. Walkable to all Downtown attractions. HOA DOES NOT ALLOW ANY SHORT-TERM RENTALS.

Investor Tools

Property Icon
$395,214
Estimated Property Value
$690,890Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,371 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$646/month
$1,557/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,780
$395,214
2025
$75,091
$320,123
$395,214
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,780
$395,214

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Va
$349,000
Yes
First
Oct 14, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$690,890
N/A
0%
175%
$4,186/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,830/mo
$5,743/mo
$-3,913/mo
5.6%

Learn About the Market: Opportunity in Houston

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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 3G | Property Details | No Agent List