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B+
NoAgentList RatingHow are grades calculated? Info

$222,000

205 Terrace Dr, Texas City, TX, 77591

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,484 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$108.79 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Wood

Exterior

Lot Size4,164 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces2

Land Information

APN7656-0000-0008-000
Lot Number8
SubdivisionWilliams Terrace Sub (97)
Land UseResidential
Legal DescriptionABST 197 WILLIAMS TERRACE SUB, LOT 8, ACRES .096
Census Tract722700
Assessed Land Value$32,820
Assessed Improvement Value$166,560
Assessment Year2025

About this property

This rare 4 bedroom, 3 bathroom amazing beauty with two car garage is ready for you to call home! The investor has installed new, water resistant wood plank flooring throughout the first floor and all the wet areas. There is new carpet in the 3 bedrooms upstairs and fresh paint on the interior walls. The kitchen has been upgraded with granite countertops, double undermount sink, upgraded antique bronze colored faucet and brand new cabinets. All of the doors have been replaced along with the knobs and light fixtures. The roof has been replaced as well as the A/C unit and 50 gallon water heater. There is a huge primary bedroom upstairs along with 2 large secondary bedrooms and a guest bedroom with private bathroom downstairs. This home is perfect for a starter home who need the rooms for a bargain price!

Investor Tools

Property Icon
$222,000
Estimated Property Value
$165,000Estimated Mortgage Balance
$74,517Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,332 /month
Positive
Cash Flow Estimate:
$444 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$335/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$199,380
2025
$32,820
$166,560
$199,380
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$199,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$165,000
Yes
First
Nov 20, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,483
$55,517
27%
66%
$990/mo

Learn About the Market: Opportunity in Texas

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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.

Explore Texas Explore This Area
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: Texas City

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205 Terrace Dr | Property Details | No Agent List