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$411,000

NAL Estimated Property Value

3502 Terrace Landing Ct, Missouri City, TX, 77459

$451,986 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,619 Sq Ft
price_per_sqft$159.98 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Electric Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size7,413 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN5741-11-002-0310-907
Lot Number31
SubdivisionParks Edge Sec 11
Land UseResidential Single Family Houses
Legal DescriptionPARKS EDGE SEC 11, BLOCK 2, LOT 31
Census Tract670700
Assessed Land Value$46,800
Assessed Improvement Value$358,162
Assessment Year2025

About this property

NEW D. R. HORTON JACKSON PLAN 2 STORY! Sought-After Interior Layout with 4 Bedrooms & 3 Full Baths! Tons of Fantastic Features: Stainless Appliances, Built-In Home Automation System, Tankless Water Heater & Covered Patio! Interior features includes white kitchen cabinets, countertops are grey quartz Silestone. Luxury vinyl plank flooring at common areas, hallway, kitchen, living & dining area. Tile @ baths. Carpet in all bedrooms. Island Kitchen with Walk-In Pantry Open to Large Family Room & Both Dining Areas & Privately Located Primary Suite with Walk-In Closet & Luxurious Bath! Park’s Edge is a 300 acre + master planned community built on the idea of connectivity with its surroundings. Building on Missouri City’s already extensive trail system Park’s Edge has over 6 miles of walking trails. A pedestrian bridge in the community connects to the Missouri City Community Park. ESTIMATED COMPLETION IN MAY 2023 Come out to Parks Edge TODAY!

Investor Tools

Property Icon
$411,000
Estimated Property Value
$389,179Estimated Mortgage Balance
$21,821Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$451,986
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,514 /month
Positive
Cash Flow Estimate:
$838 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$734/month
$900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,753
$404,962
2025
$46,800
$358,162
$404,962
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,753
$404,962

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$412,544
Yes
First
Apr 14, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$389,179
$19,821
4%
95%
$2,474/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,374/mo
$-34/mo
9.8%

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.

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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: Missouri City

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