Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$4,175,331

NAL Estimated Property Value

15 Knipp Rd, Houston, TX, 77024

Off MarketInfo
Beds4 Beds
Baths8 Bath
Baths6,700 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$520.15 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Ice Maker, Convection Oven, Double Oven, Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Stone, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size19,850 sqft

Building Information

Year Built2010
Stories1
Garage Spaces3

Land Information

APN0913680000008
Lot Number7B
SubdivisionSandalwood
Land UseResidential
Legal DescriptionLT 7B BLK 5 SANDALWOOD SEC 3 PAR R/P
Census Tract430900
Assessed Land Value$1,534,146
Assessed Improvement Value$2,641,185
Assessment Year2025

About this property

Exceptional resort-style lakefront home located in coveted Sandalwood, nestled in Memorial. Designed for family living & entertaining, this immaculately maintained, soft contemporary home rivals new construction. Huge glass wall overlooking the lake& infinity edge pool, expansive covered veranda w custom outdoor kitchen, fireplace, outdoor shower, & mosquito system. Stone retaining wall & stairs lead to putting green & additional play area w lake access. The flexible, open layout has a gourmet island kitchen; back area w coffee bar, mudroom lockers& home office; 2 wet bars & climate-controlled wine rm; 2 game rms – one for children and for adults; luxurious master suite w generous custom closets; workout rm; two staircases; garage w extra storage & sink area;Savant audio& video system w speakers& cameras. Luxurious interior finishes include French Oak & limestone floors/walls; stone counters; venetian plaster walls& ceilings; designer wallpaper. One-of-a-kind home & amazing experience.

Investor Tools

Property Icon
$4,175,331
Estimated Property Value
$2,318,591Estimated Mortgage Balance
$1,856,740Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$25,052 /month
Positive
Cash Flow Estimate:
$8,351 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,367/month
$1,600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$31,532
$4,175,331
2025
$1,534,146
$2,641,185
$4,175,331
No

Tax History

Year
Tax Paid
Assessed Value
2024
$31,532
$4,175,331

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Third Coast Bank Ssb
Conventional
$2,590,000
No
First
Nov 30, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,318,591
$1,856,740
44%
56%
$10,396/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$11,996/mo
$-8,746/mo
0.9%

City: Houston

15 Knipp Rd | Property Details | No Agent List