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$149,900

8505 Wilcrest Drive, Houston, TX, 77099

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,364 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$109.9 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Concrete

Exterior

Exterior FeaturesStorage

Building Information

Year Built1973
Stories2
Garage Spaces2

Land Information

APN1050360010002
SubdivisionGlenshannon
Land UseResidential
Legal DescriptionUNIT 8505 BLDG 1 GLENSHANNON SEC 4 PART 2
Census Tract453202
Assessed Land Value$19,000
Assessed Improvement Value$108,687
Assessment Year2025

About this property

Exceptional design features throughout this stunning, open concept 2 bedroom, 1-1/2 bath townhome. The high ceilings, unique concrete floor, fireplace & countertops create a dramatic first floor which has been featured in a Houston magazine. The front courtyard features a fountain where you can watch the birds take their baths and listen to their songs. The kitchen features stainless appliances & beautiful tile work. The 2nd floor is carpeted with a Hollywood bath and lots of closet space. Assigned parking is a covered carport @back door opening to a "New Orleans" style slate floored & brick walled, vine-covered courtyard.

Investor Tools

$0Estimated Mortgage Balance
$131,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$899 /month
Positive
Cash Flow Estimate:
$300 /month

Interested in this property?

Michael Greiner

My Castle Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$187/month
$220/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,588
$127,687
2025
$19,000
$108,687
$127,687
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,588
$127,687

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$131,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$220/mo
+$1,502/mo
15.8%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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8505 Wilcrest Drive | Property Details | No Agent List