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$974,000

NAL Estimated Property Value

2047 Westcreek Ln Unit 603, Houston, TX, 77027

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,865 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$642.9 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Electric Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringMarble, Tile, Wood

Exterior

Exterior FeaturesStorage, Outdoor Kitchen, Balcony

Building Information

Year Built2017

Land Information

APN1388730040003
Land UseResidential
Legal DescriptionUNIT 603 .0089 INT COMMON LAND & ELE WILSHIRE CONDO 10TH AMEND
Census Tract411302
Assessed Land Value$179,627
Assessed Improvement Value$765,779
Assessment Year2025

About this property

Gorgeous corner unit with floor to ceiling windows bathed in natural light offers stunning downtown & pool view just steps from River Oaks District. High-end designer upgrades throughout means this luxury condo comes equipped with the *best* of everything: hardwood floors, smarthome automation, pro kitchen with quartz counters, kitchen cabinets w/under cabinet lighting, Wolf & SubZero, wine fridge etc. Open floor plan accommodates entertaining & easy modern living; Primary bedroom has walk-in closet with custom built-ins & luxurious bath with soaking tub, walk-in shower, Electric Mirror w/built-in TV. 2nd bedroom perfect for family, guests or in-laws. Remote control window shades throughout. The Wilshire sets the standard for luxury living in Houston: valet/concierge, full gym, lounge, business center, outdoor pool with cabanas & bbq/grill area, pet park with washing station, guest suites, etc. Unit comes with two parking spots (one with EV charging) and a separate storage closet.

Investor Tools

Property Icon
$974,000
Estimated Property Value
$829,172Estimated Mortgage Balance
$144,828Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,194 /month
Positive
Cash Flow Estimate:
$2,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,698/month
$1,119/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,507
$945,406
2025
$179,627
$765,779
$945,406
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,507
$945,406

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$908,000
No
First
Oct 29, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$829,172
$127,828
13%
85%
$5,444/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$6,563/mo
$-4,603/mo
2.4%

City: Houston

2047 Westcreek Ln Unit 603 | Property Details | No Agent List