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$214,999

Beds
1
Baths
1.0
sq ft
727

915 Franklin St Unit 5M, Houston, TX 77002

915 Franklin St Unit 5M

Houston, TX 77002

  • 23 days on market
Luxury mid-rise living in the heart of downtown at The Bayou Lofts. This unit features exposed brick, hardwood floors, and a private balcony with views of the University of Houston - Downtown and the Bayou. The unit is being sold with the washer, dryer and refrigerator, just bring your belongings. Bayou Lofts is within walking distance of the Metro Rail, Restaurants, Minute Maid Park, BBVA Stadium, bike trails, the Bayou, Market Square, University of Houston - Downtown, and a dog park. Park your car in the secured garage and walk, ride your bike, or take the rail to your destination. The Bayou Lofts features a 24-hour concierge, gym, valet trash and recycling, and a rooftop pool. This building offers historical charm with modern conveniences. This was originally the 1910 Southern Pacific Railroad Building and was renovated into lofts in the late 1990s.

Details

Property type

Condominium

Est. home value

$211,832

Lot size

Unknown

Price per sq ft

$296

Year built

1997

Annual property taxes

$4,855

Monthly HOA fee

$682

Price History

11/30/2024
Houston

Houston #61409372

Listed
$214,999

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

CROCKETT ELEMENTARY SCHOOL (HOUSTON)

Middle school: 

GREGORY-LINCOLN MIDDLE SCHOOL

High school: 

NORTHSIDE HIGH SCHOOL

School district: 

Houston

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$69,689
Asking price
$214,999
Closing costs (~8% of asking)
-$17,200
Est. remaining loan balance
-$128,110
Cash to seller
$69,689

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

July 2023

Original loan amount

$130,000

Est. remaining balance

$128,110

Interest rate

6.69%

Loan type

New Conventional, 30 year

Seller

William W Boyles Iii

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 4:05 PM

Listing updated: 11/30/2024 at 4:03 AM

Listed by: Alison McGallion, CB&A, Realtors- Loop Central Phone #: (832) 678-4770

MLS: Houston #61409372

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