318 Knipp Rd, Houston, TX, 77024
About This Home
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.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- New construction: Yes
- Year built: 2026
Materials
- Foundation: Slab on Builders Pier
- Roof: Other,Slate
- Construction materials: Other,Stone,Stucco
Other
- Builder name: Memorial Signature Homes
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary,Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Water Heater,Disposal,Ice Maker,Refrigerator,Wine Refrigerator,Convection Oven,Double Oven,Microwave,Free-Standing Range,Gas Range,Dishwasher
- Laundry features: Electric Dryer Hookup,Gas Dryer Hookup,Washer Hookup
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 8
- Full bathrooms: 6
- 1/2 bathrooms: 2
Features
- 2 Staircases,Balcony,Crown Molding,Elevator Shaft,Formal Entry/Foyer,High Ceilings,Prewired for Alarm System,Wet Bar,Wired for Sound,En-Suite Bath,Primary Bed - 1st Floor,Sitting Area,Split Plan,Walk-In Closet(s)
- Window features: Insulated/Low-E windows,Storm Window(s)
- Flooring: Carpet,Marble,Wood
- Number of fireplaces: 4
- Fireplace features: Outside,Electric,Gas
- Fireplace: Yes
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Ceiling Fan(s),Electric
Interior Area
- Total structure area: 9,020
- Total interior livable area: 9,020 sqft
Kitchen
- Features: Breakfast Bar,Kitchen Island,Kitchen open to Family Room,Pantry,Pot Filler,Pots/Pans Drawers,Soft Closing Cabinets,Soft Closing Drawers,Under Cabinet Lighting,Walk-in Pantry
Master Bathroom
- Features: Half Bath,Primary Bath: Double Sinks,Primary Bath: Separate Shower,Primary Bath: Soaking Tub,Secondary Bath(s): Shower Only,Vanity Area
Property
Details
- Parcel number: 0852750000004
Features
- Stories: 2
- Private pool: Yes
- Pool features: Gunite,Heated,In Ground
- Patio & porch: Covered,Patio/Deck,Porch
- Exterior features: Back Green Space,Outdoor Kitchen,Sprinkler System
- Has spa: Yes
- Spa features: Spa/Hot Tub,Private
- Fencing: Back Yard
Lot
- Lot size: 0.47 Acres
- Features: Back Yard,Subdivided,1/4 Up to 1/2 Acre
Parking
- Total spaces: 3
- Parking features: Attached,Oversized,Additional Parking,Garage Door Opener,Circular Driveway,Double-Wide Driveway
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Heat Wave
- Inland Flooding
- Tornado
- Cold Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $32,842 | $394,104 |
| Home Insurance * | $2,465 | $29,580 |
| Property Taxes | $3,640 | $43,680 |
| Electricity | $990 | $11,885 |
| Total | $39,937 | $479,244 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-11-23 | Listed for sale | $6,800,000 |
| 2023-01-23 | Listing removed | -- |
| 2022-12-15 | Pending sale | $1,230,000 |
| 2022-08-23 | Price change | $1,230,000 |
| 2022-07-11 | Price change | $1,240,000 |
| 2022-06-30 | Price change | $1,250,000 |
| 2022-06-02 | Price change | $1,265,000 |
| 2022-05-16 | Price change | $1,280,000 |
| 2022-05-03 | Listed for sale | $1,300,000 |
| 2019-02-21 | Listing removed | $1,225,000 |
| 2018-12-11 | Price change | $1,225,000 |
| 2018-09-20 | Price change | $1,325,000 |
| 2018-04-16 | Price change | $1,350,000 |
| 2017-10-16 | Listed for sale | $1,400,000 |
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