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$68,000

8405 Wilcrest Dr Apt 1606, Houston, TX, 77072

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths834 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$82.73 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringLaminate, Tile

Exterior

Exterior FeaturesBalcony, Storage

Building Information

Year Built1978
Stories1

Land Information

APN1141790070006
SubdivisionWilcrest Park Condo
Land UseResidential
Legal DescriptionTH 1606 BLDG G .00250 INT COMMON LAND & ELE WILCREST PARK CONDO
Census Tract453202
Assessed Land Value$12,183
Assessed Improvement Value$51,937
Assessment Year2025

About this property

Discover this hidden gem located in Wilcrest Park. Charming 2 bedroom 1 bath apartment with a cozy fireplace and a private balcony. Features a compact kitchen with all appliances included, W/D connections and a formal dining area with a wet bar. Two designated covered parking spots available, Recently updated with new flooring and other improvements throughout. Exterior remodeling is in the process according to the new HOA management, enhancing the communitys appeal. Schedule a showing today!

Investor Tools

Property Icon
$68,000
Estimated Property Value
$15,000Estimated Mortgage Balance
$53,108Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$414 /month
Positive
Cash Flow Estimate:
$138 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$94/month
$304/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$785
$64,120
2025
$12,183
$51,937
$64,120
No

Tax History

Year
Tax Paid
Assessed Value
2024
$785
$64,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Emilia Hernandez
Seller Carryback / Seller Financing / Seller Take-Back
$15,000
No
First
Dec 23, 2025
Jan 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$14,892
$53,108
78%
22%
$90/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$394/mo
+$913/mo
23.1%

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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8405 Wilcrest Dr Apt 1606 | Property Details | No Agent List