$256,942
NAL Estimated Property Value915 Franklin Street 8N, Houston, TX, 77002
Off Market
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringWood
Exterior
Exterior FeaturesStorage, Balcony
Building Information
Year Built1997
Land Information
APN1207900000093
SubdivisionBayou Lofts Condo 2nd Amend
Land UseResidential
Legal DescriptionUNIT 8N .0068 INT COMMON LAND & ELE BAYOU LOFTS CONDO 8TH AMEND
Census Tract980700
Assessed Land Value$48,819
Assessed Improvement Value$208,123
Assessment Year2025
About this property
Beautifully updated Bayou Lofts 1 bedroom. This spacious, light-filled apartment features a large balcony that overlooks Buffalo Bayou. Inside the wide plank cherry hardwoods and exposed brick accent a Kitchen with quartz countertops, glass front cabinets and stainless steal appliances. A roomy bedroom and large closet leads to an updated, double sink bathroom with good storage. 1 garage parking spot and storage cage included. Walk to nearby restaurants, bars and MetroRail for easy access to Downtown, Medical Center, NRG and more.
Investor Tools
$256,942
Estimated Property Value
$197,540Estimated Mortgage Balance
$59,402Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,542 /month
Positive
Cash Flow Estimate:
$514 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$395/month
$743/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,454
$256,942
2025
$48,819
$208,123
$256,942
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,454
$256,942
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New Day Financial Llc
Va
$217,560
Yes
First
Jul 30, 2021
Aug 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,540
$59,402
23%
77%
$1,305/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$2,048/mo
$-518/mo
7.1%
