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$1,633,200

NAL Estimated Property Value

54 W Terrace Dr, Houston, TX, 77007

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,881 Sq Ft
price_per_sqft$365.89 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Double Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Lot Size5,719 sqft

Building Information

Year Built2000
Garage Spaces2

Land Information

APN1172180010040
Lot Number40
SubdivisionArlington Terrace
Land UseResidential
Legal DescriptionLT 40 BLK 1 ARLINGTON TERRACE SEC 2
Census Tract510803
Assessed Land Value$657,514
Assessed Improvement Value$975,686
Assessment Year2025

About this property

Exquisite four bedroom in one of the most distinguished Memorial Park gated communities with a Courtesy Officer on duty. This fabulous house was remodeled not just once but twice with the 2022 remodels including new primary bathroom, new  kitchen with marble countertops and new Miele appliances, new light fixtures and new interior paint throughout the house, new engineered hardwood floor. Previously added outdoor kitchen (Viking grill), outdoor fireplace, patio and entertaining space, fence, security systems, etc (see list of upgrades in attachments). Elevator, sound system speakers, art lighting, elegant primary bedroom w/sitting area and a private view of the backyard.  Living room opens up to the beautiful outdoors with a fireplace creating a spacious entertaining area. Fourth bedroom on the third floor can also be a game room or study. Prestigious living in secured Arlington Court with a walking distance to Memorial Park!

Investor Tools

Property Icon
$1,633,200
Estimated Property Value
$0Estimated Mortgage Balance
$1,633,200Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,799 /month
Positive
Cash Flow Estimate:
$3,266 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,401/month
$4,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,642
$1,633,200
2025
$657,514
$975,686
$1,633,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,642
$1,633,200

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,633,200
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$4,500/mo
$-1,160/mo
2.5%

City: Houston

54 W Terrace Dr | Property Details | No Agent List