1view

Owner Contacts

$189,357

NAL Estimated Property Value

915 Franklin Street 5K, Houston, TX, 77002

Off Market

1 Beds

1 Bath

721 Sq Ft

$291.26 / sqft

Built in 1997

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

FlooringTile, Wood

Exterior

Exterior FeaturesStorage, Balcony

Building Information

Year Built1997

Land Information

APN1207900000052

SubdivisionBayou Lofts Condo 2nd Amend

Land UseResidential

Legal DescriptionUNIT 5K .0065 INT COMMON LAND & ELE BAYOU LOFTS CONDO 8TH AMEND

Census Tract980700

Assessed Land Value$35,978

Assessed Improvement Value$153,379

Assessment Year2025

About this property

This light-filled 1/1 in Downtown's Historic District boasts an open loft floorplan & PRIVATE BALCONY with views of Buffalo Bayou and UH Downtown. Perfect for full-time living or as a pied-a-terre! Features include oak hardwood floors, 10' ceilings, gas cooking, SS appliances, granite counters, tub/shower combo in the bathroom, and expanded closet storage. One assigned covered parking space, storage cage in basement garage, refrigerator, & washer/dryer included. Monthly HOA fee includes water, sewer, valet trash, gas, internet, common area insurance & maintenance, building amenities & staff. Bayou Lofts offers 24/7 CONCIERGE, onsite property manager, gym, and rooftop deck with splash pool & stunning Downtown skyline views. Near MetroRail & walkable to Market Sq Park, POST HTX, Theater District, Daikin Park, Toyota Center, restaurants, bars & all Downtown attractions. HOA PROHIBITS ANY AIRBNB TYPE OR SHORT-TERM RENTALS.

Investor Tools

$189,357

Estimated Property Value

$149,586Estimated Mortgage Balance

$39,771Estimated Equity

21% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,260 /month

Positive

Cash Flow Estimate:

$420 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$395/month

$703/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,790

$189,357

2025

$35,978

$153,379

$189,357

Tax History

Year

Tax Paid

Assessed Value

2024

$3,790

$189,357

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Network Funding Lp

Conventional

$152,500

First

Apr 30, 2025

May 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$149,586

$39,771

21%

79%

$915/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,530/mo

$1,618/mo

$-88/mo

9.7%

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