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$1,312,000

NAL Estimated Property Value

402 Terrace Dr, Houston, TX, 77007

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size8,372 sqft

Land Information

APN0690420050023
Lot Number23
SubdivisionGlen Cove
Land UseResidential
Legal DescriptionLT 23 BLK 1 GLEN COVE SEC 3
Census Tract510802
Assessed Land Value$1,089,900
Assessment Year2025

About this property

Prestige Meets Possibility in Memorial Park’s Most Coveted Enclave. Positioned on a prime corner lot, this rare offering presents an extraordinary canvas for your architectural vision. Surrounded by multi-million dollar estates in one of Houston’s most elite neighborhoods, the property invites you to craft a bespoke residence that reflects your highest standards of design and lifestyle. Enjoy the freedom to select your builder and bring your dream home to life, the result will be a residence of timeless sophistication. Just 5 minutes from Downtown and 10 minutes from the Galleria, this location offers unmatched access to Houston’s finest dining, shopping, and cultural destinations—while preserving the tranquility and prestige of park-side living. A rare opportunity in a neighborhood where availability is scarce and demand is enduring. Multiple offer - submit your highest and best offer by 2 Pm Monday

Investor Tools

Property Icon
$1,312,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,312,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,872 /month
Positive
Cash Flow Estimate:
$2,624 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,108/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,732
$1,089,900
2025
$1,089,900
N/A
$1,089,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,732
$1,089,900

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,314,000
100%
0%
$0/mo

City: Houston

402 Terrace Dr | Property Details | No Agent List