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$349,000

915 Franklin Street 9I, Houston, TX, 77002

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths917 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$380.59 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

High Equity

Highlights

Interior

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

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1997

Land Information

APN1207900000101
SubdivisionBayou Lofts Condo 2nd Amend
Land UseResidential
Legal DescriptionUNIT 9I .0068 INT COMMON LAND & ELE BAYOU LOFTS CONDO 8TH AMEND
Census Tract980700
Assessed Land Value$60,865
Assessed Improvement Value$259,478
Assessment Year2025

About this property

Top-floor penthouse at Bayou Lofts in the heart of Downtown Houston, offering authentic historic loft architecture, skyline views, and exceptional walkability. Located in one of downtown’s most iconic buildings, this rare residence blends industrial character with sophisticated urban living and timeless appeal. Penthouse 9I features soaring ceilings, expansive industrial-style windows, and an open-concept living and dining area filled with natural light. The airy layout creates an inviting atmosphere ideal for entertaining, relaxing, or enjoying dramatic skyline views above the city. Residents enjoy immediate access to Market Square Park, the Theater District, Minute Maid Park, acclaimed restaurants, nightlife, and cultural destinations. Penthouse opportunities at Bayou Lofts are rarely available, making this a compelling opportunity to own a distinctive downtown residence in one of Houston’s most vibrant urban neighborhoods

Investor Tools

$219,559Estimated Mortgage Balance
$126,441Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

Interested in this property?

Sasha Milby

Keller Williams Realty Metropolitan

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$726/month
$893/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,978
$320,343
2025
$60,865
$259,478
$320,343
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,978
$320,343

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Republic State Mortgage Co
Conventional
$177,000
No
First
May 11, 2017
Jun 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,559
$126,441
36%
63%
$1,615/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$2,508/mo
$-978/mo
5.3%

City: Houston

915 Franklin Street 9I | Property Details | No Agent List