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A+
NoAgentList RatingHow are grades calculated? Info

$304,223

915 Franklin Street 7L, Houston, TX, 77002

$350,286 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,304 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$176.37 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

ARV FlipHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringWood

Exterior

Exterior FeaturesStorage, Balcony

Building Information

Year Built1997

Land Information

APN1207900000078
SubdivisionBayou Lofts Condo 2nd Amend
Land UseResidential
Legal DescriptionUNIT 7L .0097 INT COMMON LAND & ELE BAYOU LOFTS CONDO 8TH AMEND
Census Tract980700
Assessed Land Value$57,802
Assessed Improvement Value$246,421
Assessment Year2025

About this property

Welcome to a luxurious lifestyle in the heart of the historic Downtown! Live it up in a distinctive building that bestows an elegant lobby with a 24/7 concierge, a state of the art fitness center, and an alluring rooftop terrace with a private pool. Amuse your guests in your spacious abode that boasts of high ceilings, a contemporary open floor plan, granite countertops, and gleaming hardwood floors. Indulge in life's simple leisure in a room bursting with natural lights and a balcony that offers a dramatic city view at any time of the day. Be rewarded a front-row seat to all that’s going on in busy Downtown Houston! Experience lavish yet convenient lock & leave living with an easy commute and prime location. Great proximity to METRORail, Market Square Park, Allen Landing, The Medical Center, and plenty of highly-rated gastronomic spots. This is truly a one-of-a-kind stunner that offers the euphoria of luxury, comfort, and accessibility.

Investor Tools

Property Icon
$304,223
Estimated Property Value
$0Estimated Mortgage Balance
$304,223Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$350,285
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,825 /month
Positive
Cash Flow Estimate:
$608 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$184/month
$1,089/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$691
$304,223
2025
$57,802
$246,421
$304,223
No

Tax History

Year
Tax Paid
Assessed Value
2024
$691
$304,223

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$304,223
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,830/mo
$1,089/mo
+$741/mo
7.2%

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.

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 7L | Property Details | No Agent List