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$259,900

3418 Luton Park Drive, Houston, TX, 77082

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,920 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.36 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

High EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range

Exterior

Lot Size7,196 sqft

Building Information

Year Built1982
Stories1
Garage Spaces2

Land Information

APN1138160000040
Lot Number40
SubdivisionParkridge
Land UseResidential
Legal DescriptionLT 40 BLK 1 PARKRIDGE SEC 1
Census Tract451800
Assessed Land Value$46,200
Assessed Improvement Value$203,650
Assessment Year2025

About this property

Beautifully updated home in a desirable neighborhood featuring a brand-new roof replaced on 03/14/2026 , New A/C System , New Fresh Paint Interior And Exterior , Brand-New double -pane glass Windows for improved energy efficiency, comfort, and natural Light, New Bathrooms Shower ,new luxury waterproof vinyl flooring, modern light fixtures. This well-maintained property offers spacious living areas, abundant natural light, and a functional floor plan perfect for everyday living and entertaining. Recent updates and modern touches throughout make this home move-in ready. Huge Backyard. Minutes from Westheimer Rd, and Highway 6 — close to shopping, Target, restaurants, schools, and parks. 3 minutes to the T.J.Maxx & HomeGoods, Target, Home Depot, Walmart Supercenter, and 8 minutes to the Asian town center and Chinatown. Very low tax. A minutes to Huge Nature park, where you can enjoy outdoor activities, walking trails, and exercise . Don’t miss This opportunity to own a beautiful home.

Investor Tools

$0Estimated Mortgage Balance
$249,850Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,559 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$297/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,319
$249,850
2025
$46,200
$203,650
$249,850
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,319
$249,850

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$249,850
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$400/mo
+$1,560/mo
9.4%

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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3418 Luton Park Drive | Property Details | No Agent List