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$1,595,000

403 Wetherby Ter, Houston, TX, 77024

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,868 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$507.32 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size2,448 sqft

Building Information

Year Built2021
Garage Spaces1

Land Information

APN1359420050031
Lot Number31
Land UseResidential
Legal DescriptionLT 31 BLK 3 MEMORIAL GREEN SEC 2 R/P & EXTN
Census Tract430900
Assessed Land Value$478,375
Assessed Improvement Value$921,625
Assessment Year2025

About this property

Recent construction by Pelican Builders, Inc. located on premier corner lot in Memorial Green! This three-story home features: 3 bedrooms, 3.5 baths, stucco exterior, first-floor living, wood floors throughout, crown molding, high ceilings and outdoor living! 1st floor open-layout living, kitchen and dining with an abundance of lights from wall of windows and doors to patio. Gourmet kitchen features Thermador refrigerator and Bosch stainless steel appliances, quartz countertops and Benedettini cabinetry. 2nd floor Primary suite with luxurious bath including soaking tub and walk-in shower, separate vanities and oversized walk-in closet; two secondary bedrooms with walk-in closets and jack&jill bath; utility room. 3rd floor oversized game room with full bath and storage closets! Elevator installed, custom shades, home automation, 2-car garage, outdoor living and more! Walkable to Memorial Green shops and restaurants. SBISD schools (Frostwood Elementary, Memorial Middle, Memorial HS).

Investor Tools

Property Icon
$1,595,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,595,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,570 /month
Positive
Cash Flow Estimate:
$3,190 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,940/month
$4,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,304
$1,400,000
2025
$478,375
$921,625
$1,400,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,304
$1,400,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,707,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$4,200/mo
$-1,680/mo
1.9%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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403 Wetherby Ter | Property Details | No Agent List