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$57,000

NAL Estimated Property Value

8405 Wilcrest Drive 2211, Houston, TX, 77072

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths834 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$68.23 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringTile

Building Information

Year Built1978
Stories1

Land Information

APN1141790130011
SubdivisionWilcrest Park Condo
Land UseResidential
Legal DescriptionTH 2211 BLDG M .00250 INT COMMON LAND & ELE WILCREST PARK CONDO
Census Tract453202
Assessed Land Value$10,312
Assessed Improvement Value$43,964
Assessment Year2025

About this property

Comfortable 2-bedroom condo in the Bellaire area offering a great opportunity for a first-time buyer or someone looking to begin building equity through homeownership. Spacious open living area with tile flooring, recessed lighting, a wood-burning fireplace, and a flexible study nook ideal for a home office or reading area. Owner to owner available! Making this an accessible option for buyers who may not have thought homeownership was possible. With as little as 10% down you can begin building equity without going through a traditional bank. Kitchen comes equipped with appliances including refrigerator, electric range stove, new dishwasher, washer, and dryer. Both bedrooms offer good space with one featuring a walk-in closet and vanity sink area. Updated electrical panel under warranty. Two assigned carport parking spaces located directly outside the unit. Easy access to Sam Houston Tollway, Westpark Tollway, and Hwy 69. Schedule your showing & look out for upcoming open houses!

Investor Tools

Property Icon
$57,000
Estimated Property Value
$51,137Estimated Mortgage Balance
$5,863Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$342 /month
Positive
Cash Flow Estimate:
$114 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$68/month
$261/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$533
$54,276
2025
$10,312
$43,964
$54,276
No

Tax History

Year
Tax Paid
Assessed Value
2024
$533
$54,276

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vincent Grant Takase
Seller Carryback / Seller Financing / Seller Take-Back
$51,210
No
First
Apr 22, 2026
Apr 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$51,137
$5,863
10%
90%
$308/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$569/mo
+$738/mo
27.5%

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 Drive 2211 | Property Details | No Agent List