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$2,766,000

NAL Estimated Property Value

147 Knipp Road, Houston, TX, 77024

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,356 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$493.34 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

High EquityVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Electric Oven, Microwave, Gas Range, Dishwasher, Instant Hot Water, Refrigerator
FlooringCarpet, Marble, Wood

Exterior

Private PoolPrivate Pool
Lot Size17,306 sqft

Building Information

Year Built1958
Garage Spaces2

Land Information

APN0872660000005
SubdivisionSandalwood
Land UseResidential
Legal DescriptionTRS 5A & 6A BLK 7 SANDALWOOD SEC 2
Census Tract430900
Assessed Land Value$1,848,300
Assessed Improvement Value$811,872
Assessment Year2025

About this property

Positioned on a corner lot, this superb home is nestled amid expanses of colorful landscaping, a colossal magnolia tree, and clusters of towering trees. This Sandalwood home is graced with a coveted lake front view, filled with distinctive details, and offers a rare single-story living floorplan. A well appointed primary suite enjoys its own wing of the home with an expansive marble-clad bath, two closets, and a private flex room. Open concept living and kitchen area boasts granite countertops, stone floors, views over the lake and professionally landscaped backyard, with an adjacent formal dining room and private study. Secondary bedrooms have en-suite bath access and a gameroom with full bath and patio with treetop views is located on the second story. One-of-a-kind backyard with lake views and private dock, a pool and spa, generous patio space, and vine covered pergola make for the ideal location for home entertainment. This gorgeous home in a prime location won't last long!

Investor Tools

Property Icon
$2,766,000
Estimated Property Value
$0Estimated Mortgage Balance
$2,766,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,596 /month
Positive
Cash Flow Estimate:
$5,532 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,273/month
$1,600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$25,445
$2,660,172
2025
$1,848,300
$811,872
$2,660,172
No

Tax History

Year
Tax Paid
Assessed Value
2024
$25,445
$2,660,172

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,766,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$1,600/mo
+$1,650/mo
1.4%

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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147 Knipp Road | Property Details | No Agent List