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$399,900

7054 Terra Drive, Manvel, TX, 77578

$445,757 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths2,968 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.74 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesDisposal, Refrigerator Included, Washer Included, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Engineered Wood, Tile

Exterior

Exterior FeaturesSide Yard
Lot Size8,398 sqft

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces2

Land Information

APN7927-0001-001
Lot Number1
SubdivisionTerra Estates
Land UseResidential
Legal DescriptionTERRA ESTATES (MANVEL) BLK 1 LOT 1
Census Tract660708
Assessed Land Value$85,480
Assessed Improvement Value$319,090
Assessment Year2025

About this property

7054 Terra Drive is a Stunning Newly Build home in Excellent Condition! This lovely 2-story home offers 2968 Sq. Ft. of thoughtfully designed space. This modern Open Concept layout features 4 spacious bedrooms, 3.5 beautifully appointed baths, a private study, an upstairs game room, & a dedicated media room. The heart of the home is the bright, stylish kitchen accented by Arctic-white tile, Thimble cabinetry, rich granite countertops & warm wood flooring. The family room features high ceilings & oversized windows that let in natural light. The luxurious primary suite creates a retreat of its own, complete with dual sinks, a large walk-in shower, & an oversized closet. The exterior features lush sod, a sprinkler system, a two-car garage equipped with an automatic opener sitting on a spacious corner lot. Zoned to highly regarded schools, this move-in-ready home combines modern style with everyday comfort. Located 20-25 minutes from the Med Center & Downtown! An exceptional value!

Investor Tools

$363,097Estimated Mortgage Balance
$41,903Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$445,756
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,430 /month
Positive
Cash Flow Estimate:
$810 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$800/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,569
$404,570
2025
$85,480
$319,090
$404,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,569
$404,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Brightland Mortgage Services Ltd
Fha
$382,925
Yes
First
Aug 22, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$363,097
$41,903
10%
90%
$2,296/mo

City: Manvel

7054 Terra Drive | Property Details | No Agent List