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$189,776

NAL Estimated Property Value

316 Wilcrest Dr, Houston, TX, 77042

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,740 Sq Ft
price_per_sqft$103.45 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Refrigerator, Dishwasher, Washer/Dryer
FlooringCarpet, Tile

Exterior

Exterior FeaturesCourtyard

Building Information

Year Built1983
Garage Spaces2

Land Information

APN1154790090003
SubdivisionMarlborough Square Condo Ph 2
Land UseResidential
Legal DescriptionUNIT 316 BLDG I .003970 INT COMMON LAND & ELE MARLBOROUGH SQUARE CONDO PH 2
Census Tract451100
Assessed Land Value$36,057
Assessed Improvement Value$153,719
Assessment Year2025

About this property

Great investment opportunity in Marlborough Square! Being sold AS-IS, WHERE-IS. Unit overlooks pool and courtyard! First floor boasts a spacious living/dining combo with French doors to the fenced patio. Beautiful marble fireplace! Kitchen with microwave, oven, dishwasher, refrigerator, and pantry. Half bath down! Upstairs are two oversized ensuite bedrooms! Primary bedroom has two closets, double sinks with vanity space, and large bathroom! The secondary bedroom could be second primary with an ensuite bathroom and large closet space. Plenty of storage space throughout! 2-car attached garage! 3 pools in the complex! 24/7 manned gate! Adjacent to the Lakeside Country Club and 18th Hole Golf Course! Quick access to the Energy Corridor/Beltway 8! Close to dining and shopping at Town and Country/Memorial City! Don't miss this opportunity!

Investor Tools

Property Icon
$189,776
Estimated Property Value
$130,688Estimated Mortgage Balance
$59,088Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,139 /month
Positive
Cash Flow Estimate:
$380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$278/month
$599/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,382
$189,776
2025
$36,057
$153,719
$189,776
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,382
$189,776

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$136,000
No
First
Mar 28, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,688
$63,312
32%
69%
$816/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$1,415/mo
+$15/mo
9.0%

City: Houston

316 Wilcrest Dr | Property Details | No Agent List