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$199,500

404 Wilcrest Drive #404, Houston, TX, 77042

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths3 Bath
Baths1,740 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$114.66 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

High Equity

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, Refrigerator Included, Electric Oven, Freestanding Oven, Microwave, Free-Standing Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Concrete, Tile, Wood

Exterior

Lot Size29.03 acres

Building Information

Year Built1983
Garage Spaces2

Land Information

APN1154790140006
SubdivisionMarlborough Square Condo Ph 2
Land UseResidential
Legal DescriptionUNIT 404 BLDG N .003970 INT COMMON LAND & ELE MARLBOROUGH SQUARE CONDO PH 2
Census Tract451100
Assessed Land Value$37,782
Assessed Improvement Value$161,068
Assessment Year2025

About this property

Charming 2 story corner unit offering 2 beds, 2.5 baths, and an attached garage. Spacious living area featuring high ceilings, wood flooring, a cozy fireplace, and plenty of natural light. Open living and dining areas provide a great space for everyday living. Kitchen offers granite countertops, ample cabinet space, and a convenient layout. Upstairs, you'll find 2 generously sized bedrooms, each with its own private en-suite bath. Primary suite w/stunning view of the golf course also features 2 separate sinks, a tub/shower combo, and a walk-in closet. 2nd bedroom also offers plenty of space and its own en-suite bath. Enjoy relaxing or entertaining on your private fenced extra-large L shape patio with room for outdoor seating. Additional features include a convenient half bath downstairs, included refrigerator, washer, and dryer. 24-hour manned security and access to the community pool. Ideally located in the Energy Corridor with easy access to I-10, shopping, and dining!

Investor Tools

$5,063Estimated Mortgage Balance
$193,787Estimated Equity
97% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,197 /month
Positive
Cash Flow Estimate:
$399 /month

Interested in this property?

Jessica Sarsfield

Orchard Brokerage

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$85/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$29
$198,850
2025
$37,782
$161,068
$198,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$29
$198,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
North American Mtg
N/A
$60,800
N/A
First
Apr 29, 1998
May 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$5,063
$193,787
97%
3%
$365/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$965/mo
+$465/mo
8.6%

City: Houston