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Owner Contacts

$359,000

NAL Estimated Property Value

3503 Terrace Landing Ct, Missouri City, TX, 77459

$366,734 ARV

Off Market

4 Beds

2 Bath

2,152 Sq Ft

$173.79 / sqft

Built in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Oven, Microwave, Gas Range, Dishwasher

FlooringCarpet, Tile, Vinyl

Exterior

Lot Size8,072 sqft

Building Information

Year Built2023

Garage Spaces2

Land Information

APN5741-11-002-0420-907

Lot Number42

SubdivisionParks Edge Sec 11

Land UseOther / Unknown

Legal DescriptionPARKS EDGE SEC 11, BLOCK 2, LOT 42

Census Tract670700

Assessed Land Value$46,800

Assessed Improvement Value$309,836

Assessment Year2025

About this property

NEW D.R. HORTON BUILT MODERN SERIES GARLAND PLAN (ELEVATION L) 1 STORY, 4 BEDROOM, 2 BATH! Ultra Versatile Open Concept Interior Layout. Tons of Incredible Features: Luxurious Vinyl Plank Flooring, 42” Painted Grey kitchen cabinets with crown molding, white silestone countertops. Island Kitchen with Corner Pantry, Stainless Appliances, Quartz Counters, Lovely Primary Suite with Garden Bath, Smart Home Technology, Fully Landscaped Front & Back Yards, Tankless Water Heater, and Covered Patio. Park's Edge is Located in Missouri City's newest 300-acre Master Planned Community. Park’s Edge has over 6 miles of walking trails. A pedestrian bridge in the community connects to the Missouri City Community Park. The Lodge at Park’s Edge will offer an activity room, meeting spaces, covered patio overlooking the recreation complex which includes a lap pool, waterslides, playscapes and sports fields. ESTIMATED COMPLETION IN APRIL 2023. Come out to Parks Edge and make this new home yours TODAY!

Investor Tools

$359,000

Estimated Property Value

$281,977Estimated Mortgage Balance

$77,023Estimated Equity

22% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$366,733

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,244 /month

Positive

Cash Flow Estimate:

$748 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$328/month

$900/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,145

$356,636

2025

$46,800

$309,836

$356,636

Tax History

Year

Tax Paid

Assessed Value

2025

$2,145

$356,636

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Dhi Mortgage Company Ltd

Conventional

$298,392

First

May 26, 2023

Jun 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$281,977

$81,023

22%

79%

$1,790/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

$2,690/mo

+$650/mo

11.2%

Learn About the Market: Opportunity in Texas

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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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