Asset Report
10156 Longmont Dr, Houston, TX 77042
Walnut Bend Subdivision • Single Family Residential
Estimated As-Is Value
$515,000
▲ 4.2% YoY Appreciation
Optimized ARV
$635,000+
After Targeted Renovations
Location Score
88/100
Prime Walnut Bend Location
Executive Summary
10156 Longmont Dr represents a significant opportunity in the highly desirable Walnut Bend market. Located in the 77042 zip code, nestled between the Energy Corridor and Westchase District, this property appeals strongly to upwardly mobile professionals. The current market data suggests the home is a prime candidate for “strategic modernization”—preserving its classic ranch charm while updating key systems and aesthetics to unlock over $100k in equity.
Value Composition Analysis
The chart to the left breaks down the property’s inherent value. A significant portion (approx 35%) is held in the land value alone, characteristic of established neighborhoods like Walnut Bend. The “Improvement Potential” segment highlights the gap between current condition and top-tier neighborhood comps.
- ✔ Strong Land Basis
- ✔ High renovation ceiling
- ✔ Stable tax history
Market Trajectory (77042)
Understanding the historical performance of Walnut Bend helps predict future stability. Despite broader economic fluctuations, this specific pocket has shown resilience due to its proximity to major employment hubs (CityCentre, Energy Corridor).
Data represents average closed sales price over the last 5 years.
Value Optimization Matrix
Not all renovations yield equal returns. For 10156 Longmont Dr, the “highest and best use” of capital focuses on opening the living spaces and modernizing the wet areas (kitchen/baths).
Top Recommendation: Open Concept
Removing the wall between the kitchen and den is the single highest ROI action, transforming the 1960s layout into a modern entertaining space.
Secondary Priority: Curb Appeal
Modernizing the exterior paint (white brick lime-wash) and landscaping provides immediate visual lift.
Renovation Cost vs. Value Add
Buyer Profile & Acquisition Strategy
The “Energy Corridor” Professional
The ideal buyer is a mid-career professional or young family working in the nearby Energy Corridor or Westchase District. They prioritize commute time and school quality.
Key Buying Triggers
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Schools
Access to Walnut Bend Elementary is a primary driver.
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Commute
<15 mins to Energy Corridor; <10 mins to Beltway 8.
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Community
Active HOA, community pool, and mature trees.
Marketing Roadmap: Finding the Buyer
Digital Staging
Virtual renovation renderings to show “After” potential.
Geo-Fencing
Targeted ads to employees at BP, Shell, and ConocoPhillips.
Mega Open House
Weekend event with local lender partners.
Negotiation
Leverage multiple offers for best terms.
Digital Staging
Virtual renovation renderings.
Geo-Fencing Ads
Targeting Energy Corridor HQs.
Mega Open House
High-traffic weekend event.
Negotiation
Closing above ask.
