11019 Longtom Ct · Houston, TX
Flood risk 5/10 · Moderate
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.65%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 9/10 · Severe
- Hot days now (above 110°F)
- 7 days/yr
- Hot days in 30 yrs
- 23 days/yr
Wind risk 8/10 · Major
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +10.7/30.0
- Appreciation +5.8/10.0
- ARV discount +5.6/15.0
- 1% rule +4.1/10.0
- Livability +3.7/5.0
- DSCR +3.1/10.0
- Condition / age +2.5/5.0
- Rent growth +2.2/5.0
- Schools +1.5/10.0
$210,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
4/2/2 year built 2001. One story. New roof, new paint, ceiling fans in 4 bedrooms, all ceramic floor, cul-de-sac, more parking space. Near 249 & Beltway 8. NW Houston.
Key facts
- Cul-de-sac
- Ceramic floor
- New roof
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.0-bath single-family listed at $210k.
Deal economics
- At list price, monthly cash flow is $-100 ($-1k/yr) — negative.
- To cash-flow at today's rent, offer at most $192k (8.4% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $191k (9.1% below list).
- Recommended offer: $191k (9.1% below list) — sets the bar for 1% rule.
- Cap rate 5.7% vs local median 3.2% in Houston — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 74/100 on livability (#184 in TX, #4,771 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, cost of living A+, housing A+; Watch: schools D, crime F.
- Aldine ISD (suburban): math 16% / reading 21% proficiency, ranked #790 of 826 in TX (top 96%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 79% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents soft (-1.2%/yr); 79 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 75% of comp listings sitting > 30 days — soft ceiling on asking rent; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).
- This rent runs 39% of the median local income ($58k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- In year one you build about $5k of equity ($1k loan paydown + $3k appreciation (1.6% local appreciation)).
- Harris County population projected at +47% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- By year 7, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 77 days — a 6% lower offer ($197k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts since 14y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Risks & watch-outs
- Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 77 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 0.91% ✗
- Cap rate
- 5.72%
- Cash-on-cash
- -2.04%
- DSCR
- 0.91
- GRM
- 9.2
CMA / ARV
- ARV (median comp)
- $201,548
- List price
- $210,000
- Delta
- 4.19%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 10715 Misty River Dr | 0.71mi | 3/2.0 (-1) | 1,462 (+2%) | 1mo | $178,000 | $122 | 58 |
| 10723 Mackenzie Dr | 0.34mi | 3/2.0 (-1) | 1,612 (+12%) | 4mo | $248,000 | $154 | 55 |
| 7302 Seton Lake Dr | 0.60mi | 3/2.0 (-1) | 1,507 (+5%) | 5mo | $219,900 | $146 | 55 |
| 5010 Kale Ct | 0.29mi | 3/2.5 (-1) | 1,609 (+12%) | 7mo | $199,900 | $124 | 54 |
| 7015 Winding Trace Dr | 0.47mi | 3/2.0 (-1) | 1,611 (+12%) | 1mo | $235,000 | $146 | 52 |
| 10910 Alseth Cir | 0.40mi | 3/2.0 (-1) | 1,594 (+11%) | 11mo | $179,950 | $113 | 49 |
| 7023 Sandswept Ln | 0.52mi | 3/2.0 (-1) | 1,228 (-14%) | 2mo | $174,900 | $142 | 45 |
| 11503 Stansberg Dr | 0.52mi | 4/3.0 | 1,635 (+14%) | 8mo | $239,999 | $147 | 42 |
| 10707 Misty River Dr | 0.72mi | 3/2.0 (-1) | 1,282 (-11%) | 5mo | $210,000 | $164 | 40 |
| 6810 Sandswept Ln | 0.72mi | 3/2.0 (-1) | 1,268 (-12%) | 5mo | $170,000 | $134 | 38 |
| 6727 Winding Trace Dr | 0.69mi | 3/2.0 (-1) | 1,285 (-10%) | 12mo | $229,900 | $179 | 35 |
| 6911 Silver Star Dr | 0.74mi | 3/2.0 (-1) | 1,631 (+14%) | 4mo | $175,000 | $107 | 34 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
1.6% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -0.6%
- Equity multiple
- 0.97×
- Total profit
- $-1,683
- Equity at exit
- $78,310
- IRR
- 2.3%
- Equity multiple
- 1.28×
- Total profit
- $16,521
- Equity at exit
- $109,394
Cash invested: $58,800 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 87 Strongly Landlord-Friendly
- State Texas
- 87 Strongly Landlord-Friendly · R+5
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 77086
- Home prices YoY
- 0.6%
- Rents YoY
- -1.2%
- Active inventory
- 79
- Price-to-rent
- 9.2×
Monthly cashflow live
- Estimated rent
- $1,909 high interval (Pro) →
- Mortgage (P&I)
- −$1,101
- Tax from tax record
- −$402 /mo · $4,826/yr
- Insurance
- −$88
- HOA
- −$17
- Vacancy / Maint / Mgmt
- −$401
- Net cashflow
- $-100
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $52,500
- Closing costs
- $6,300
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 8 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 5113 Caldera Ct Houston, TX | 3.0 | 2.5 | 1847 | $1,841 | $1.00 | 7d | 1 | 0.31mi |
| 11430 Hackmatack Way Houston, TX | 3.0 | 3.0 | 1644 | $2,200 | $1.34 | 43d | 1 | 0.44mi |
| 11008 Panicum Ct Houston, TX | 3.0 | 2.0 | 1238 | $1,488 | $1.20 | 43d | 1 | 0.78mi |
| 7750 Water Park Ln Houston, TX | 4.0 | 2.0 | 1209 | $1,900 | $1.57 | 43d | 1 | 1.19mi |
| 9526 Golden Wood Ln Houston, TX | 3.0 | 2.0 | 1687 | $1,850 | $1.10 | 43d | 1 | 1.29mi |
| 12752 N Houston Rosslyn Rd Houston, TX | 1.0–3.0 | 1.0–2.0 | 922 | $1,963 | $2.13 | 1d | 13 | 1.32mi |
| 5163 Klein Orchard Dr Houston, TX | 3.0 | 2.0 | 1544 | $2,149 | $1.39 | 43d | 1 | 1.41mi |
| 3435 Creek Grove Dr Houston, TX | 3.0 | 3.0 | 1492 | $1,725 | $1.16 | 43d | 1 | 1.43mi |
HOA detail
- Monthly dues
- $17 · $204/yr
Listing history 22 events
-
2026-05-13status Pending 179-char remark
Show marketing remark (179 chars)
4/2/2 year built 2001. One story. New roof, new paint, ceiling fans in 4 bedrooms, all ceramic floor, cul-de-sac, more parking space. Near 249 & Beltway 8. NW Houston.
-
2026-05-04price $210,000 179-char remark
Show marketing remark (179 chars)
4/2/2 year built 2001. One story. New roof, new paint, ceiling fans in 4 bedrooms, all ceramic floor, cul-de-sac, more parking space. Near 249 & Beltway 8. NW Houston.
-
2026-04-20price $215,000 179-char remark
Show marketing remark (179 chars)
4/2/2 year built 2001. One story. New roof, new paint, ceiling fans in 4 bedrooms, all ceramic floor, cul-de-sac, more parking space. Near 249 & Beltway 8. NW Houston.
-
2026-04-01status Active 179-char remark
Show marketing remark (179 chars)
4/2/2 year built 2001. One story. New roof, new paint, ceiling fans in 4 bedrooms, all ceramic floor, cul-de-sac, more parking space. Near 249 & Beltway 8. NW Houston.
-
2026-03-23status Pending 179-char remark
Show marketing remark (179 chars)
4/2/2 year built 2001. One story. New roof, new paint, ceiling fans in 4 bedrooms, all ceramic floor, cul-de-sac, more parking space. Near 249 & Beltway 8. NW Houston.
-
2026-03-23status Pending 179-char remark
Show marketing remark (179 chars)
4/2/2 year built 2001. One story. New roof, new paint, ceiling fans in 4 bedrooms, all ceramic floor, cul-de-sac, more parking space. Near 249 & Beltway 8. NW Houston.
-
2026-03-21status Pending 179-char remark
Show marketing remark (179 chars)
4/2/2 year built 2001. One story. New roof, new paint, ceiling fans in 4 bedrooms, all ceramic floor, cul-de-sac, more parking space. Near 249 & Beltway 8. NW Houston.
-
2026-03-21status Active 179-char remark
Show marketing remark (179 chars)
4/2/2 year built 2001. One story. New roof, new paint, ceiling fans in 4 bedrooms, all ceramic floor, cul-de-sac, more parking space. Near 249 & Beltway 8. NW Houston.
-
2026-03-09status Pending 179-char remark
Show marketing remark (179 chars)
4/2/2 year built 2001. One story. New roof, new paint, ceiling fans in 4 bedrooms, all ceramic floor, cul-de-sac, more parking space. Near 249 & Beltway 8. NW Houston.
-
2026-03-09$220,000 Active 179-char remark
Show marketing remark (179 chars)
4/2/2 year built 2001. One story. New roof, new paint, ceiling fans in 4 bedrooms, all ceramic floor, cul-de-sac, more parking space. Near 249 & Beltway 8. NW Houston.
-
2014-04-17price $107,000
-
2014-04-17historical
-
2014-03-19status Pending, Continue to Show
-
2014-03-04status Option Pending
-
2014-02-27price $100,000 Active
-
2014-02-27status Active
-
2014-02-20status Pending
-
2014-02-15$99,900 Active
-
2012-04-09soldstatus
-
2012-04-05soldstatus
-
2012-02-21historical
-
2012-02-08$55,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast TX · Resets to sale price
- Current annual tax
- $4,826 · $402/mo
- Projected year-2 tax
- $4,826 · $402/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 5/10 Major FEMA zone X (unshaded) · 65% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 9/10 Extreme 7 d/yr ≥110°F today · 23 d/yr by 30 yrs out
- Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $22,906
- − Mortgage interest
- −$11,763
- − Property taxes
- −$4,826
- − Insurance
- −$1,050
- − Repairs & maintenance
- −$1,832
- − Management
- −$1,832
- − HOA
- −$204
- − Depreciation
- −$6,109
- Taxable loss
- −$4,711
- Est. tax savings @ 24.0%
- +$1,131
- After-tax cash flow
- $-68/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Aldine ISD
- NCES district ID
- 4807710
- Math proficiency
- 16% ▼ -23.00%
- Reading proficiency
- 21% ▼ -11.00%
- Median HH income
- $37,081
- Composite
- 15.42/100
- National rank
- #9317
- State rank
- #790 of 826 in TX
Livability — Houston
- Score
- 74/100
- State rank
- #184
- US rank
- #4771
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Harris County · 4,702,590 people
- City population
- 3,226,434
- Metro
- Houston-The Woodlands-Sugar Land, TX
- Population (ZIP)
- 28,653
- Household income
- $58,200
- Rent vs Own
- Severe rent burden
- 1323.0
Population outlook (Harris County) Hauer SSP2
- Today (2025)
- 5,571,493 people
- By 2030
- 6,089,821 · +9.3%
- By 2040
- 7,142,806 · +28.2%
- By 2050
- 8,185,864 · +46.9%
- By 2075
- 10,574,329 · +89.8%
- By 2100
- 12,109,958 · +117.4%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.55)
- Race & ethnicity
- Hispanic / Latino 63% Two or more races 26% Black 19% Asian 9% White 7%
- Hispanic origin (detail)
- Mexican 47%
- Common ancestry
- Slovak 1%
- Foreign-born
- 34% · Canada, Vietnam
- Languages at home
- 38% English-only · Spanish 54% Vietnamese 6% Other Asian/Pacific 1%
Political lean MEDSL · Harris
- 2024 margin
- Lean D (+5.5) · D 52.0% · R 46.4% · Other 1.6%
- 2008→2024 swing
- +3.9pp toward D · 2008: 1.6pp · 2024: 5.5pp
- All cycles
- 2024: D+5.5 2020: D+13.3 2016: D+12.4 2012: D+0.1 2008: D+1.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▲ 1.60%
- Current HPI
- 281.0065
- Rent YoY
- ▼ -1.19%
- Metro
- Houston-The Woodlands-Sugar Land, TX
- State GDP YoY
- ▲ 3.95%
- F500 in state
- 110
Industry mix (Fortune 500 HQ in TX)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Energy | 16 | $1,198B |
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
|
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| Energy Services | 3 | $60B |
|
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| Utilities | 3 | $41B |
|
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| Healthcare | 2 | $330B |
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Price history
+281.8% since first listed22 events — show timeline
- 2026-05-13 Pending — HARMLS
- 2026-05-04 Price Changed $210,000 HARMLS
- 2026-04-20 Price Changed $215,000 HARMLS
- 2026-04-01 Relisted — HARMLS
- 2026-03-23 Pending — HARMLS
- 2026-03-23 Pending — HARMLS
- 2026-03-21 Pending — HARMLS
- 2026-03-21 Relisted — HARMLS
- 2026-03-09 Pending — HARMLS
- 2026-03-09 Listed $220,000 HARMLS
- 2014-04-17 Price Changed $107,000 HARMLS
- 2014-04-17 Listing Removed — HARMLS
- 2014-03-19 Pending — HARMLS
- 2014-03-04 Pending — HARMLS
- 2014-02-27 Relisted — HARMLS
- 2014-02-27 Price Changed $100,000 HARMLS
- 2014-02-20 Pending — HARMLS
- 2014-02-15 Listed $99,900 HARMLS
- 2012-04-09 Sold (Public Records) — Public Records
- 2012-04-05 Sold (MLS) — HARMLS
- 2012-02-21 Listing Removed — HARMLS
- 2012-02-08 Listed $55,000 HARMLS
Property tax history
+5.0%/yrLatest (2025): $4,826 · -1.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…