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$199,000

NAL Estimated Property Value

915 Franklin Street 7F, Houston, TX, 77002

Off MarketInfo
LeaseInfo
Beds1 Beds
Baths1 Bath
Baths698 Sq Ft
price_per_sqft$1.9 / sqft
Year BuiltBuilt in 1997

Highlights

Interior

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

Building Information

Year Built1997

Land Information

APN1207900000074
SubdivisionBayou Lofts Condo 2nd Amend
Land UseResidential
Legal DescriptionUNIT 7F .0052 INT COMMON LAND & ELE BAYOU LOFTS CONDO 8TH AMEND
Census Tract980700
Assessed Land Value$35,460
Assessed Improvement Value$151,174
Assessment Year2025

About this property

Great 7th floor studio unit has built-in Murphy bed with drawer storage and entertainment wall. Space and storage are maximized. Kitchen has granite counters and stainless appliances. Hardwood throughout and exposed brick. Building has 24/7 concierge, gym rooftop deck and splash pool. One parking space, and W/D included! Close to Market Sq Park, MetroRail, Buffalo Bayou Hike and Bike trails and all downtown attractions. The first $150 of all repairs to be paid by the tenant. NO PETS!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$413/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,961
$186,634
2025
$35,460
$151,174
$186,634
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,961
$186,634

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Norwest Mtg
N/A
$121,359
N/A
First
Mar 21, 2000
Apr 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$34,156
$164,844
82%
17%
$859/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$859/mo
+$671/mo
9.2%

Learn About the Market: Opportunity in Houston

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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.

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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 7F | Property Details | No Agent List