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$288,562

NAL Estimated Property Value

248 Wilcrest Drive 248, Houston, TX, 77042

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,339 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$110.26 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringLaminate, Tile

Exterior

Exterior FeaturesCourtyard

Building Information

Year Built1983
Garage Spaces2

Land Information

APN1154790050001
SubdivisionMarlborough Square Condo Ph 2
Land UseResidential
Legal DescriptionUNIT 248 BLDG E .005300 INT COMMON LAND & ELE MARLBOROUGH SQUARE CONDO PH 2
Census Tract451100
Assessed Land Value$54,827
Assessed Improvement Value$233,735
Assessment Year2025

About this property

Welcome to 248 Wilcrest Drive – A Beautifully Maintained 3-Bedroom Townhome in a Private Community! This spacious and versatile home offers 3 bedrooms and 3.5 bathrooms, including dual primary suites—one upstairs and one downstairs—perfect for multi-generational living or added privacy. Recent updates include: HVAC system (2018 & 2025), Electric water heater (2018), Roof and gutters replaced by HOA in 2016. Located in a desirable community, the monthly HOA fee includes: 24/7 manned security gate, exterior building maintenance and insurance, Roof, water, sewer, trash services, & access to three community pools. Bonus convenience: All packages are delivered to the guardhouse for secure pickup. Don’t miss this rare opportunity to own a well- maintained townhome with outstanding amenities and peace of mind in the heart of Houston’s Energy Corridor. This home qualifies for a limited-time lender-paid 2-1 buydown—reduced monthly payments for the first 2 years. Ask listing agent for details!

Investor Tools

Property Icon
$288,562
Estimated Property Value
$0Estimated Mortgage Balance
$288,562Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,731 /month
Positive
Cash Flow Estimate:
$577 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$634/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,166
$288,562
2025
$54,827
$233,735
$288,562
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,166
$288,562

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$288,562
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,880/mo
$800/mo
+$1,080/mo
7.8%

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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248 Wilcrest Drive 248 | Property Details | No Agent List