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Owner Contacts

$494,000

NAL Estimated Property Value

10218 Londonderry Dr, Houston, TX, 77043

Off Market

3 Beds

2 Bath

1,739 Sq Ft

Single Family Residence

$286.95 / sqft

Built in 1962

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

FlooringLaminate, Tile

Exterior

Lot Size9,017 sqft

Building Information

Year Built1962

Stories1

Garage Spaces2

Land Information

APN0914780010005

Lot Number5

SubdivisionBeckham Place R/P

Land UseResidential

Legal DescriptionLT 5 BLK 2 BECKHAM PLACE R/P

Census Tract522401

Assessed Land Value$241,542

Assessed Improvement Value$181,014

Assessment Year2025

About this property

Charming and pristine 3/2 in absolute prime location! This beautiful ranch home with incredible updates throughout is ready for its new owners! Upon entry note the beautifully updated kitchen, dining and family room. Large front room can serve a variety of needs including additional dining, office or playroom! Nicely sized guest rooms with updated bath. Lovely primary suite with renovated bath. Massive backyard space with abundance of space including putting green! Recent roof, electric, foundation, plumbing, flooring, fencing, and so much more! Amazing neighborhood with close proximity to grocery, retail, and dining. This stunning home is an absolute must-see!

Investor Tools

$494,000

Estimated Property Value

$427,502Estimated Mortgage Balance

$66,498Estimated Equity

10% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,994 /month

Positive

Cash Flow Estimate:

$998 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$495/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,466

$422,556

2025

$241,542

$181,014

$422,556

Tax History

Year

Tax Paid

Assessed Value

2024

$3,466

$422,556

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cadence Bank Na

Conventional

$436,500

First

Mar 21, 2025

Apr 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$427,502

$50,498

10%

87%

$2,618/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,770/mo

$2,618/mo

$-848/mo

4.3%

Learn About the Market: Opportunity in Houston

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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.

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