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$441,000

NAL Estimated Property Value

7004 Terra Ln, Manvel, TX, 77578

$503,816 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,050 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.15 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher

Exterior

Lot Size7,065 sqft

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces2

Land Information

APN7927-0002-016
Lot Number16
SubdivisionTerra Estates
Land UseResidential
Legal DescriptionTERRA ESTATES (MANVEL) BLK 2 LOT 16
Census Tract660708
Assessed Land Value$80,980
Assessed Improvement Value$349,710
Assessment Year2025

About this property

Welcome home! This spacious property sits on a corner lot, offering ample space and privacy. With 5 bedrooms & 3 bathrooms, it's perfect for families of all sizes. You'll be greeted by luxury wood vinyl flooring and a high-energy HVAC system with dual-zone smart thermostats for optimal comfort and efficiency. The home is equipped with smart features, including Alexa and Google Home connectivity. The kitchen is a chef's delight, featuring solid wood cabinetry, quartz countertops, and a gas range stove with a built-in air fryer. The oversized eat-in quartz island is perfect for meal prep and casual dining. Custom details like pendant lighting, dual rolling shades, & separate coffee bar area add to the home's charm and functionality. This home features a 2nd primary downstairs with full bathroom. Step outside to find a neighborhood lake and a covered back patio, perfect for relaxing & entertaining. This home is located within close proximity to all Alvin ISD schools, dining & shopping.

Investor Tools

Property Icon
$441,000
Estimated Property Value
$391,350Estimated Mortgage Balance
$49,650Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$503,816
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,646 /month
Positive
Cash Flow Estimate:
$882 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$882/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,381
$430,690
2025
$80,980
$349,710
$430,690
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,381
$430,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$401,449
Yes
First
Dec 5, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$391,350
$39,340
9%
89%
$2,407/mo

City: Manvel

7004 Terra Ln | Property Details | No Agent List