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B+
NoAgentList RatingHow are grades calculated? Info

$287,719

915 Franklin Street 5A, Houston, TX, 77002

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,132 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$234.1 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

High Equity

Highlights

Interior

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

Exterior

Exterior FeaturesStorage

Building Information

Year Built1997

Land Information

APN1207900000042
SubdivisionBayou Lofts Condo 2nd Amend
Land UseResidential
Legal DescriptionUNIT 5A .0084 INT COMMON LAND & ELE BAYOU LOFTS CONDO 8TH AMEND
Census Tract980700
Assessed Land Value$54,667
Assessed Improvement Value$233,052
Assessment Year2025

About this property

Nestled at the heart of Houston's Historic District, this fantastic loft provides excellent commute and great accessibility to Market Square Park, Astro's Ballpark, The Medical Center, city bikes, and the Museum District. Revel in comfort and convenience in the unit's soaring ceilings, gleaming hardwood floors, large glass windows, granite countertops, exposed brick walls, and enjoy expansive views of Downtown Houston from the comfort of your living room. This expansive enclave features an open-concept floorplan with a seamless transition from the kitchen to the dining and living areas, optimal for entertaining guests. Bayou Lofts offers amenities including rooftop terrace and private pool w/ skyline views, concierge services, and 24-7 fitness center with state-of-the-art equipment. Savor luxury at its finest & book a private tour today!

Investor Tools

Property Icon
$287,719
Estimated Property Value
$0Estimated Mortgage Balance
$88,643Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,726 /month
Positive
Cash Flow Estimate:
$575 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$629/month
$945/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,106
$287,719
2025
$54,667
$233,052
$287,719
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,106
$287,719

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage
Conventional
$252,000
No
First
Jun 27, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,076
$88,643
30%
69%
$1,511/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,830/mo
$2,456/mo
$-626/mo
7.6%

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 Street 5A | Property Details | No Agent List