0Days on Market

7view

$164,900

10011 Knoboak Dr Apt 50, Houston, TX, 77080

On Market

Just Added

2 Beds

1 Bath

1,150 Sq Ft

Condos / Townhouses

$143.39 / sqft

Built in 1970

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Heating Central

Cooling

AppliancesDisposal, Refrigerator Included, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

FlooringBamboo, Carpet, Tile, Vinyl Plank

Exterior

Exterior FeaturesSprinkler System

Building Information

Year Built1970

Stories2

Land Information

APN1090950000001

SubdivisionSpringwood Forest

Land UseResidential

Legal DescriptionUNIT 50 BLDG H 1.27 INT COMMON LAND & ELE SPRINGWOOD FOREST T/H CONDO

Census Tract522201

Assessed Land Value$28,541

Assessed Improvement Value$121,673

Assessment Year2025

About this property

Welcome to one of the best values in Springwood Forest! Updated 2-bedroom, 1.5-bath END-UNIT townhome offering a private corner location with no through traffic and guest parking nearby. Bright and move-in ready, it features luxury vinyl plank flooring, an open-concept layout, granite countertops, white cabinetry, stainless steel appliances, and abundant storage. Updated sliding doors open to a private fenced patio, perfect for relaxing or entertaining. Upstairs are two spacious bedrooms and an updated full bath, plus a convenient half bath downstairs. New A/C (July 2026) with transferable warranty. Minutes from Memorial Hermann, Memorial City Mall, CityCentre, Downtown, The Galleria, I-10, and Beltway 8. HOA covers ALL utilities, exterior maintenance, lawn care, and community pool. Includes 2 covered parking spaces.

Investor Tools

$1,733Estimated Mortgage Balance

$162,267Estimated Equity

98% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$989 /month

Positive

Cash Flow Estimate:

$330 /month

Interested in this property?

Janel Yglesias

Keller Williams Memorial

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$180/month

$547/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,346

$150,214

2025

$28,541

$121,673

$150,214

Tax History

Year

Tax Paid

Assessed Value

2024

$1,346

$150,214

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Crestar Mtg Corp

N/A

$36,950

N/A

First

Jun 30, 1997

Jul 2007

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,733

$162,267

98%

$222/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$769/mo

+$538/mo

9.6%

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