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$386,000

NAL Estimated Property Value

10318 Knoboak Dr, Houston, TX, 77043

SoldInfo
8/13/26
Beds3 Beds
Baths2 Bath
Baths1,673 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$233.11 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size9,757 sqft

Building Information

Year Built1955
Stories1
Garage Spaces2

Land Information

APN0802330000033
Lot Number33
SubdivisionSpringwood Oaks
Land UseResidential
Legal DescriptionLT 33 BLK 2 SPRINGWOOD OAKS
Census Tract522401
Assessed Land Value$234,500
Assessed Improvement Value$103,913
Assessment Year2025

About this property

Great opportunity in Spring Branch! Set back on a sprawling 9,760 SF lot, this 3-bedroom, 2-bath home offers exceptional potential for investors, builders, or buyers looking to renovate and create their dream home. The home has solid bones and features mature trees, abundant natural lighting, an extra-wide extended driveway, attached covered carport and two car garage. Notable updates include a new roof (2019), windows (2010), interior HVAC (2017), and exterior condenser and its electrical service (2023), providing a great starting point for your renovation plans. Conveniently located near Memorial City, CityCentre and the Energy Corridor, this property combines outstanding potential with an unbeatable location.

Investor Tools

Property Icon
$386,000
Estimated Property Value
$7,890Estimated Mortgage Balance
$378,401Estimated Equity
98% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,340 /month
Positive
Cash Flow Estimate:
$780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$385/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,690
$338,413
2025
$234,500
$103,913
$338,413
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,690
$338,413

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Continental Mtg Company
Fha
$66,462
Yes
First
Sep 15, 1998
Oct 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$7,890
$464,110
98%
2%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,770/mo
N/A
+$1,770/mo
5.5%

Learn About the Market: Opportunity in Houston

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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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10318 Knoboak Dr | Property Details | No Agent List