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$494,096

8223 Terrace Brook Dr, Houston, TX, 77040

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,742 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.58 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,408 sqft

Building Information

Year Built2006
Garage Spaces2

Land Information

APN1258810020005
Lot Number5
SubdivisionTerrace Brook
Land UseResidential
Legal DescriptionLT 5 BLK 2 TERRACE BROOK SEC 1
Census Tract532503
Assessed Land Value$54,087
Assessed Improvement Value$440,009
Assessment Year2025

About this property

Once in a lifetime opportunity to purchase an extensively upgraded home in highly desirable Terrace Brook. Features include Calcutta quartz countertops in kitchen and master bath, Solar Panels on roof(owned not leased), high end stainless steel appliances, oversized walk-in shower in master bath, luxury vinyl plank on most of the 1st floor and stairs, ultra plush carpet upstairs, 2 oversized gamerooms on 2nd floor, private media room, downstairs office with high ceilings, stone accents on front elevation, oversized backyard with a pergola and separate seating/dining area. Must see to believe. Hurry, won’t last long at this price!

Investor Tools

Property Icon
$494,096
Estimated Property Value
$403,750Estimated Mortgage Balance
$109,311Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,965 /month
Positive
Cash Flow Estimate:
$988 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$538/month
$475/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,990
$494,096
2025
$54,087
$440,009
$494,096
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,990
$494,096

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Royal Pacific Funding Corp
Conventional
$403,750
No
First
Oct 16, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$384,785
$109,311
22%
78%
$2,421/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,896/mo
$-670/mo
5.4%

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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8223 Terrace Brook Dr | Property Details | No Agent List