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Owner Contacts

$316,420

NAL Estimated Property Value

915 Franklin Street 6L, Houston, TX, 77002

Off Market

2 Beds

2 Bath

1,304 Sq Ft

$180.21 / sqft

Built in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

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

FlooringTile, Wood

Exterior

Exterior FeaturesStorage, Balcony

Building Information

Year Built1997

Land Information

APN1207900000067

SubdivisionBayou Lofts Condo 2nd Amend

Land UseResidential

Legal DescriptionUNIT 6L .0097 INT COMMON LAND & ELE BAYOU LOFTS CONDO 8TH AMEND

Census Tract980700

Assessed Land Value$60,120

Assessed Improvement Value$256,300

Assessment Year2025

About this property

Spacious 2/2 with PRIVATE BALCONY at Bayou Lofts; located in Downtown’s Historic District. Unit features open LR/DR/Kitchen, separated Primary Bedroom, & Secondary Bedroom is open in true loft style. Solid oak hardwoods, recent paint & great storage in 4 walk-in closets! Kitchen has granite tops, gas cooking, SS appliances & more! Both Baths have period finishes & tub/shower combo. 2 assigned garage spaces + storage cage included. Building features rooftop deck with splash pool, full size gym & 24/7 concierge. HOA fee includes Common Area maintenance & insurance, unit "walls-in" insurance, 24/7 concierge, onsite Property Manager, Building Engineer, water, sewer, trash, gas, basic cable, & fiber optic wi-fi internet. 1 block to Market Sq. Park, walkable to Buffalo Bayou Park, Discovery Green Park, Theater District, sporting venues, restaurants, bars & ALL Downtown Attractions.

Investor Tools

$316,420

Estimated Property Value

$0Estimated Mortgage Balance

$316,420Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,899 /month

Positive

Cash Flow Estimate:

$633 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$691/month

$1,116/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,715

$316,420

2025

$60,120

$256,300

$316,420

Tax History

Year

Tax Paid

Assessed Value

2024

$6,715

$316,420

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$316,420

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,830/mo

$1,116/mo

+$714/mo

6.9%

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