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$699,000

915 Franklin Street #9N, Houston, TX, 77002

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths4 Bath
Baths2,382 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$293.45 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Wine Refrigerator, Electric Oven, Microwave, Gas Cooktop, Dryer, Full Size, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringMarble, Stone, Tile

Exterior

Exterior FeaturesBalcony/Terrace, Storage Outside of Unit

Building Information

Year Built1997

Land Information

APN1207900000106
SubdivisionBayou Lofts Condo 2nd Amend
Land UseResidential Condo
Legal DescriptionUNITS 9M & 9N .0176 INT COMMON LAND & ELE BAYOU LOFTS CONDO 8TH AMEND
Census Tract980700
Assessed Land Value$149,048
Assessed Improvement Value$635,413
Assessment Year2025

About this property

Step into a rare and refined retreat perched atop downtown's skyline. This two-story penthouse has been completely reimagined from top to bottom and seamlessly blends top notch craftsmanship with sophisticated style. Chef’s Custom Kitchen features Poggenpohl cabinetry, Miele suite of appliances, Murano glass pendants & separate coffee station. Dining Room w/ Murano chandelier & spacious Living Room w/ Full Bath feature double-height ceilings. Primary Bedroom down w/ en-suite bathroom, custom closet, laundry room w/ full size units & wine fridge, & stairs to second floor. Two versatile rooms up both w/ full baths offer flexibility. Enhanced Wifi w/ boosters & smart features throughout. Two private balconies offering sweeping northern views. Bayou Lofts features a rooftop deck w/ pool, fitness center & concierge. Unit comes w/ 4 assigned parking spaces & 2 storage units. Ideal location minutes to great downtown dining, shopping & entertainment.

Investor Tools

Property Icon
$784,461
Estimated Property Value
$0Estimated Mortgage Balance
$784,461Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,707 /month
Positive
Cash Flow Estimate:
$1,569 /month

Interested in this property?

Hedley Karpas

Compass RE Texas, LLC - Houston

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,068/month
$2,367/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,894
$784,461
2025
$149,048
$635,413
$784,461
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,894
$784,461

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$784,461
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,120/mo
$2,367/mo
+$753/mo
4.8%

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 #9N | Property Details | No Agent List