46
Map
$5,895,000
↓ $300K (4.8%)
●
House -
For Sale
318 Knipp Road
Houston, TX 77024
5 Beds
6 Baths,
2
Half Baths
9,020 Ft²
$28,946
Est. Monthly
About This Property
Exquisite modern transitional home in Bunker Hill Village, brand
new construction with innovative design. On a 20,508 sq ft lot with
a circular driveway, this custom residence offers 5/6 beds, 5/6
full baths, and 2 half baths. The two-story great room offers
unobstructed views of the dining area and chef's kitchen, both
filled with natural light from large windows. The chef's kitchen
has dual oversized islands and premium appliances. The first floor
includes a game room with wet bar, private theater, utility room,
glass wine room, and primary suite with sitting area, spa bath,
sauna, and boutique style closet. Upstairs, the north wing has four
en-suite bedrooms, while the south wing features his-and-hers
libraries. Outdoors, enjoy a resort-style pool and spa, fire pit,
al fresco kitchen, lush landscaping, and a 3-car garage. The home
is tech-savvy, elevator-ready, with four fireplaces,
energy-efficient, sustainable, and comfortable. Walking path to
lake and hiking trail.
Unit Size
9,020 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$654
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 19 days ago (HAR #37726338)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 10, 2026 | Price Decreased |
$5,895,000
↓ $300K
(4.8%) | |
| Price Decreased | |||
| Aug 5, 2026 | Price Decreased |
$6,195,000
↓ $300K
(4.6%) | |
| Price Decreased | |||
| Jun 25, 2026 | Listed by Compass RE Texas, LLC - Houston | $6,495,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| Jun 24, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 23, 2025 | Listed by Compass RE Texas, LLC - Houston | $6,800,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
   | |||
|
Exquisite modern transitional home in Bunker Hill Village, brand new construction with innovative design. On a 20,508 sq ft lot with a circular driveway, this custom residence offers 5/6 beds, 5/6 full baths, and 2 half baths. The two-story living room offers unobstructed views of the dining area and chef’s kitchen, both filled with natural light from large windows. The chef’s kitchen has dual islands and premium appliances. The first floor includes a game room with bar, private theater, utility room, glass wine room, and primary suite with sitting area, spa bath, sauna, and large custom closet with knee vanity. Upstairs, the north wing has four en-suite bedrooms, while the south wing features his-and-hers libraries. Outdoors, enjoy a resort-style pool and spa, fire pit, al fresco kitchen, lush landscaping, and a 3-car garage. The home is tech-savvy, elevator-ready, with four fireplaces, energy-efficient, sustainable, and comfortable. Walking path to lake and hiking trail.
| |||
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Property Highlights
Garage
Fireplace
Elevator
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Oversized, Additional Parking, Garage Door Opener, Circular Driveway, Double-Wide Driveway
Garage Spaces: 3
Interior Details
Half Bathrooms: 2
Full Bathrooms: 6
Interior Features: Crown Molding, Elevator, High Ceilings, Wet Bar, Wired for Sound, 2 Staircases, Balcony, Formal Entry/Foyer, Prewired for Alarm System, En-Suite Bath, Primary Bed - 1st Floor, Sitting Area, Split Plan, Walk-In Closet(s)
Appliances: Water Heater, Disposal, Ice Maker, Refrigerator, Wine Refrigerator, Convection Oven, Double Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher
Flooring Type: Carpet, Marble, Wood
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Has Fireplace
Fireplace Features: Outside, Electric, Gas
Fireplaces: 4
Exterior Details
Square Footage: 9020
Property Condition: New Construction
Architectural Style: Contemporary, Traditional
Year Built: 2026
Builder Name: Memorial Signature Homes
Building Area Total: 9020
Window Features: Storm Window(s), Insulated/Low-E windows
Construction Materials: Other, Stone, Stucco
Patio and Porch Features: Covered, Patio, Porch
Pool Features: Gunite, Heated, In Ground
Pool is Private
Lot Features: Back Yard, Subdivided, 1/4 Up to 1/2 Acre
Lot Size Area: 0.4708
Lot Size Units: Acres
Lot Size Acres: 0.4708
Lot Size Square Feet: 20508.048
Water Source: Public
Utilities Details
Cooling Type: Ceiling Fan(s), Electric
Heating Type: Natural Gas
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Westside
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Listed by: Becky Wheeler, Compass RE Texas, LLC - Houston
Last Updated: 19 days ago
Data Source: HAR , MLS# 37726338
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Last Updated: 19 days ago
Data Source: HAR , MLS# 37726338
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