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$236,632

NAL Estimated Property Value

915 Franklin Street 6B, Houston, TX, 77002

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths886 Sq Ft
price_per_sqft$265.24 / sqft
Year BuiltBuilt in 1997

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Exterior FeaturesStorage

Building Information

Year Built1997

Land Information

APN1207900000057
SubdivisionBayou Lofts Condo 2nd Amend
Land UseResidential
Legal DescriptionUNIT 6B .0066 INT COMMON LAND & ELE BAYOU LOFTS CONDO 8TH AMEND
Census Tract980700
Assessed Land Value$44,960
Assessed Improvement Value$191,672
Assessment Year2025

About this property

Amazing open loft with spectacular views of Downtown that is a MUST SEE! Located in the highly desirable Bayou Lofts in the heart of the Downtown Historic District. Exposed brick, hardwood floors, high ceilings and oversized windows throughout. Great kitchen with wonderful finishes. 1 assigned garage parking. R/W/D are included. Building has 24/7 concierge, rooftop deck with splash pool and gym. Very walkable to Market Square Park, Buffalo Bayou Hike & Bike trails, sports arenas, Discovery Green, Theater District and multiple restaurants and nightlife, PLUS fast access to major freeways!

Investor Tools

Property Icon
$236,632
Estimated Property Value
$209,082Estimated Mortgage Balance
$27,550Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,420 /month
Positive
Cash Flow Estimate:
$473 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$517/month
$818/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,022
$236,632
2025
$44,960
$191,672
$236,632
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,022
$236,632

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gulf Coast Educators Fcu
Conventional
$220,875
No
First
Jun 29, 2023
Jul 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$209,082
$27,550
11%
88%
$1,325/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$2,143/mo
$-613/mo
7.8%

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 6B | Property Details | No Agent List