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$648,570

10302 Terra St, Iowa Colony, TX, 77583

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,326 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.93 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Cooktop, Double Oven, Electric Oven
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size20,552 sqft

Building Information

Year Built2019
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6574-0701-031
Lot Number31
SubdivisionMeridiana Sec 70
Land UseResidential
Legal DescriptionMERIDIANA SEC 70 (A0513 HT&BRR) (IOWA COLONY) BLK 1 LOT 31 (REPLAT #1 & EXT 2019)
Census Tract661800
Assessed Land Value$104,660
Assessed Improvement Value$543,910
Assessment Year2025

About this property

Absolutely gorgeous & sprawling Perry one-story home on an oversized 20,000 square foot lot with a dreamy backyard oasis offering a recently installed pool, hot tub, Texas-sized porch, covered outdoor kitchen, a 20 x10 shed and a 23w Generac generator. A truly charming & upgraded brick and stone elevation with double 8 foot doors (throughout) greets you. As you enter the home, a grand ceiling height and view down the corridor where you'll find a private study, formal dining & a double French door flex game-room space which offer flexibility for your particular needs. The stunning light and bright kitchen boasts an open-concept to the large family room and breakfast area which overlooks the gorgeous backyard space. Wood-look tile is found in all living areas and creates an easy maintenance and highly durable flooring & the carpet is in pristine move-in condition. Storage galore and a 3 car tandem garage are icing on this home!

Investor Tools

Property Icon
$648,570
Estimated Property Value
$531,200Estimated Mortgage Balance
$125,930Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,930 /month
Positive
Cash Flow Estimate:
$1,310 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,308/month
$1,271/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,449
$648,570
2025
$104,660
$543,910
$648,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,449
$648,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$531,200
No
First
Jun 18, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$522,640
$125,930
19%
81%
$3,185/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Iowa Colony

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10302 Terra St | Property Details | No Agent List