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$155,000

1016 Tri Oaks Ln Apt 51, Houston, TX, 77043

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths930 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$166.67 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Washer/Dryer

Exterior

Exterior FeaturesCourtyard
Lot Size1,054 sqft

Building Information

Year Built1968
Stories1

Land Information

APN0973290070003
SubdivisionWilcrest Walk Townhomes
Land UseResidential
Legal DescriptionUNIT 51 BLDG 7 WILCREST WALK T/H SEC 1 U/R
Census Tract543202
Assessed Land Value$35,752
Assessed Improvement Value$93,112
Assessment Year2025

About this property

Welcome to Wilcrest Walk! This beautifully remodeled 2-bedroom, 1.5-bath townhome offers stylish updates and low-maintenance living in a fantastic location. Fresh interior paint and beautifully updated bathrooms completed in September 2026 give the home a fresh, modern feel. Enjoy the charming courtyard just outside your door and relax at the neighborhood pool. HOA dues include all utilities and pool access, adding incredible value and convenience! Zoned to highly sought-after Sherwood Elementary, Spring Forest Middle, and Stratford High School. Conveniently located just minutes from Memorial City Medical Center, CITYCENTRE, shopping, dining, and entertainment. A wonderful opportunity to enjoy updated living in the heart of Spring Branch!

Investor Tools

$65,358Estimated Mortgage Balance
$121,642Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,122 /month
Positive
Cash Flow Estimate:
$374 /month

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Kristi Schmidt

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$195/month
$586/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,406
$128,864
2025
$35,752
$93,112
$128,864
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,406
$128,864

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Affinity Llc
Conventional
$76,800
No
First
May 16, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$65,358
$121,642
65%
35%
$461/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,340/mo
$1,047/mo
+$293/mo
8.6%

City: Houston

1016 Tri Oaks Ln Apt 51 | Property Details | No Agent List