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$4,358,000

NAL Estimated Property Value

360 Timber Terrace Rd, Houston, TX, 77024

Off MarketInfo
Beds5 Beds
Baths7 Bath
Baths3,641 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$370.78 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Deal ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Oven
FlooringTerrazzo, Tile, Wood

Exterior

Lot Size17,359 sqft

Building Information

Year Built1973
Stories1
Garage Spaces2

Land Information

APN0772370010006
Lot Number6,7
SubdivisionTimber Lane Terrace
Land UseResidential
Legal DescriptionS 1/2 OF LT 6 & N 1/2 OF LT 7 BLK 1 TIMBER LANE TERRACE
Census Tract430102
Assessed Land Value$852,865
Assessed Improvement Value$755,944
Assessment Year2025

About this property

360 Timber Terrace is a captivating single-story home nestled in a serene cul-de-sac. Boasting four bedrooms and three bathrooms, this residence sits on an expansive 17,000+ square foot lot. Recently updated kitchens and bathrooms add a modern touch, while a spacious central atrium seamlessly merges indoor and outdoor spaces, creating a harmonious flow. Although the home requires foundation work, it is being sold as is, offering limitless potential for those seeking to renovate or build their dream home. Enhanced by its prime location and proximity to top-tier schools, this property embodies the essence of aspiration and promises to be the starting point of your journey towards your ideal home. Listed at $1,350,000, don't miss the opportunity to make this your own.

Investor Tools

Property Icon
$4,358,000
Estimated Property Value
$3,215,692Estimated Mortgage Balance
$1,142,308Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$26,148 /month
Positive
Cash Flow Estimate:
$8,716 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,932/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,399
$1,608,809
2025
$852,865
$755,944
$1,608,809
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,399
$1,608,809

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vantage Bank Texas
Conventional
$3,225,000
No
First
Mar 16, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$3,215,692
$1,110,308
25%
74%
$19,336/mo

City: Houston

360 Timber Terrace Rd | Property Details | No Agent List