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$3,676,000

NAL Estimated Property Value

11902 Cobblestone Dr, Houston, TX, 77024

Off MarketInfo
Beds5 Beds
Baths7 Bath
Baths6,587 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$440.26 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Double Oven, Microwave, Gas Range, Dishwasher, Instant Hot Water, Refrigerator
FlooringStone, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size20,107 sqft

Building Information

Year Built1996
Stories2
Garage Spaces3

Land Information

APN0904470000010
Lot Number10
SubdivisionMemorial Shadows
Land UseResidential
Legal DescriptionLT 10 BLK 2 MEMORIAL SHADOWS
Census Tract430600
Assessed Land Value$1,082,970
Assessed Improvement Value$1,997,374
Assessment Year2025

About this property

Beautiful traditional home remodeled to perfection in 2019 with 5 bedrooms, 5 full and 2 half baths plus 3 car garage. Dramatic entry with soaring two story ceiling and sweeping staircase open to the elegant formal dining and gorgeous study. Gourmet kitchen with custom cabinets, Sub-Zero refrigerator, Wolf range and Texas sized island opens to spacious family room with dual sided gas log fireplace. Abundance of windows throughout provide breathtaking views of the backyard oasis and French doors lead the way to the huge covered patio. Luxurious master suite with spectacular bath and tremendous walk-in closet. Enormous gameroom with built-ins and a side library. Lush landscaping surrounds the sparkling heated pool and spa. Electric gate and driveway with pavers. Perfect location on corner of Knipp and Cobblestone. Truly one-of-a-kind!

Investor Tools

Property Icon
$3,676,000
Estimated Property Value
$2,385,183Estimated Mortgage Balance
$1,290,817Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$22,056 /month
Positive
Cash Flow Estimate:
$7,352 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,603/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,855
$3,080,344
2025
$1,082,970
$1,997,374
$3,080,344
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,855
$3,080,344

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citibank Na
Conventional
$2,519,720
No
First
Jun 16, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,385,183
$1,379,817
36%
65%
$15,107/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$15,107/mo
$-11,857/mo
1.1%

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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11902 Cobblestone Dr | Property Details | No Agent List