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$789,000

1318 Bobbitt Manor Ln, Houston, TX, 77055

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths3,436 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$229.63 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesSprinkler System
Lot Size2,374 sqft

Building Information

Year Built2012
Garage Spaces2

Land Information

APN0641830010005
Lot Number5
SubdivisionClay Estate Par R/P
Land UseResidential
Legal DescriptionLT 5 BLK 1 CLAY ESTATE PAR R/P
Census Tract520200
Assessed Land Value$205,405
Assessed Improvement Value$614,595
Assessment Year2025

About this property

Welcome to 1318 Bobbitt Manor Lane, a perfect combination of elegance and comfort located right in the heart of Spring Branch - a serene location offering extensive neighborhood amenities with the added security of a gated community. Nestled in Clay Estates, this home has been recently updated with impeccable attention to detail and is zoned to Hunters Creek Elementary and Memorial High School. Upon entry, you are welcomed with fresh paint throughout, beautifully refinished hardwood flooring and stunning trim work that surround the open floor plan with its plentiful natural light. Cook in style in the well-appointed kitchen with granite countertops, breakfast bar, stainless steel appliances and on-trend hardware. The second floor primary suite features an oversized bedroom, ensuite bath and walk-in closet with built-ins. Additional features include recently painted exterior stucco, high efficiency geothermal energy system, third floor game room/flex space and two private balconies.

Investor Tools

$0Estimated Mortgage Balance
$820,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,920 /month
Positive
Cash Flow Estimate:
$1,640 /month

Interested in this property?

Michael Borrel

Keller Williams Memorial

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$941/month
$3,800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,188
$820,000
2025
$205,405
$614,595
$820,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,188
$820,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$820,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,800/mo
$-2,078/mo
2.5%

Learn About the Market: Opportunity in Houston

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Explore

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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1318 Bobbitt Manor Ln | Property Details | No Agent List