B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$831,000

NAL Estimated Property Value

2047 Westcreek Ln Unit 708, Houston, TX, 77027

Off Market

2 Beds

3 Bath

1,630 Sq Ft

Condos / Townhouses

$3.62 / sqft

Built in 2017

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesDisposal, Convection Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2017

Garage Spaces2

Land Information

APN1388730050008

Land UseResidential

Legal DescriptionUNIT 708 .0076 INT COMMON LAND & ELE WILSHIRE CONDO 10TH AMEND

Census Tract411302

Assessed Land Value$146,519

Assessed Improvement Value$624,631

Assessment Year2025

About this property

Fabulous condo with High-end finishings. The Wilshire at River Oaks District is a full service building with the most beautiful outdoor amenities and class A gym with fantastic views of the pool area. This building was carefully designed to bring natural light to all areas. The floor to ceiling windows features a full size motorized window covering in all areas plus blackouts in both bedrooms. Every thought of space usage has been applied in this unit that offers custom built closets and walk-in pantry, German SieMatic cabinets, Wolf and Sub Zero appliances . The temperature controlled storage room, two assigned parking spaces, washer and dryer are included. This Luxury High Rise is located within walking distance to the prestigious River oaks District shops and restaurants. TWO ASSIGNED PARKING SPACE, ONE STORAGE UNIT are included in the sales price. Water, Trash-pick up and all Building Amenities are included in the monthly HOA fee. Must SEE! CLICK THE VIDEO LINK. Available Jan 2023

Investor Tools

$831,000

Estimated Property Value

$165,867Estimated Mortgage Balance

$665,133Estimated Equity

80% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,986 /month

Positive

Cash Flow Estimate:

$1,662 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,835/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$17,868

$771,150

2025

$146,519

$624,631

$771,150

Tax History

Year

Tax Paid

Assessed Value

2024

$17,868

$771,150

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fm Home Loans Llc

Conventional

$200,000

First

Jan 18, 2018

Feb 2033

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$165,867

$665,133

80%

20%

$1,200/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$1,200/mo

+$760/mo

2.8%

Learn About the Market: Opportunity in Houston

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 This Area