2view

Owner Contacts

$226,500

NAL Estimated Property Value

915 Franklin Street 5N, Houston, TX, 77002

Off Market

1 Beds

1 Bath

913 Sq Ft

Condos / Townhouses

$254.65 / sqft

Built in 1997

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dryer, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer, Refrigerator

FlooringTile, Wood

Exterior

Exterior FeaturesStorage, Balcony

Building Information

Year Built1997

Land Information

APN1207900000055

Land UseResidential

Legal DescriptionUNIT 5N .0068 INT COMMON LAND & ELE BAYOU LOFTS CONDO 8TH AMEND

Census Tract980700

Assessed Land Value$43,035

Assessed Improvement Value$183,465

Assessment Year2025

About this property

Fantastic 1 bedroom loft WITH PRIVATE BALCONY at desirable Bayou Lofts in the heart of Downtown’s Historic District! Exposed brick walls, great natural light & solid oak hardwood floors throughout. Great floorplan boasts open LR/DR/Kitchen and massive Bedroom with space to also create a Study, Sitting Area, Studio, Nursery, etc. Kitchen has granite countertops, gas cooking, breakfast bar & more. Bath features tub/shower combo with glass doors & period style fixtures. HVAC REPLACED NOVEMBER 2023! Monthly HOA fee of $857 includes building & common area insurance & maintenance, water, sewer, trash, gas, fiber optic internet and building amenities. Bayou Lofts offers 24/7 Concierge, rooftop deck with splash pool, gym, onsite property manager & more! Walkable to POST HTX, Market Square Park, Buffalo Bayou hike & bike Trails, Theater District, Minute Maid Stadium, Toyota Center, restaurants, bars & near ALL Downtown attractions. NO AIRBNB TYPE SHORT TERM RENTALS ALLOWED.

Investor Tools

$226,500

Estimated Property Value

$0Estimated Mortgage Balance

$226,500Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,395 /month

Positive

Cash Flow Estimate:

$465 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$514/month

$857/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,041

$226,500

2025

$43,035

$183,465

$226,500

Tax History

Year

Tax Paid

Assessed Value

2024

$5,041

$226,500

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$226,500

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,530/mo

$857/mo

+$673/mo

8.1%

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