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$205,000

NAL Estimated Property Value

10345 Longmont Drive, Houston, TX, 77042

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,258 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$158.19 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Range, Dryer, Refrigerator

Exterior

Exterior FeaturesStorage

Building Information

Year Built1975
Stories2

Land Information

APN1067540000009
SubdivisionTown & Country Townhomes R/P
Land UseResidential
Legal DescriptionUNIT 9 BLDG 35 TOWN & COUNTRY T/H SEC 2 R/P
Census Tract431002
Assessed Land Value$65,000
Assessed Improvement Value$112,884
Assessment Year2025

About this property

Prime Location in Memorial – Affordable & Spacious Townhome This charming townhome offers the best of both worlds: affordability and convenience, all in the heart of the highly sought-after Memorial area. Enjoy easy access to major highways (I-10, Beltway 8, Westpark Tollway, and Hwy 59), making commuting a breeze. Included in the HOA fees are water, sewer, trash, access to the community pool, tennis courts, and beautifully maintained parks, offering a relaxed lifestyle right at your doorstep. Indulge in world-class dining and upscale shopping just minutes away at the iconic Galleria – perfect for a night out or a special date. Central to the Houston Medical center, Downtown Houston, Museum district, City Centre and the Galleria. Don’t miss the chance to call this gem home!

Investor Tools

Property Icon
$205,000
Estimated Property Value
$139,677Estimated Mortgage Balance
$65,323Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,230 /month
Positive
Cash Flow Estimate:
$410 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$384/month
$409/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,588
$177,884
2025
$65,000
$112,884
$177,884
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,588
$177,884

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
All Western Mortgage Inc
Conventional
$141,750
No
First
Jul 2, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$139,677
$65,323
31%
68%
$850/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$1,259/mo
+$171/mo
8.4%

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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10345 Longmont Drive | Property Details | No Agent List