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$275,000

NAL Estimated Property Value

8319 Terrace Wind Dr, Houston, TX, 77040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,696 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.2 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size5,401 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN1135360000011
Lot Number11
SubdivisionPatio Homes Of
Land UseResidential
Legal DescriptionLT 11 BLK 4 PATIO HOMES OF WINDFERN GARDENS SEC 1
Census Tract534205
Assessed Land Value$64,530
Assessed Improvement Value$182,809
Assessment Year2025

About this property

Rare Jewel! This lovely one-story home boasts a sparkling swimming pool and ultimate privacy with a brick wall perimeter. Located just minutes from 290 and Beltway 8, in quiet and peaceful Windfern Gardens, this charming property has been updated with kitchen and bathroom remodels, tile flooring, double pane windows, and a recently replaced roof (Jan. 2025). High ceilings in the family room and breakfast room and glazed maple cabinetry in the kitchen add to the appeal. Terrific floor plan for entertaining! All bedrooms have walk-in closets, and the carport features ample storage space. With carpet only in the secondary bedrooms (replaced April 2025), this home is move-in ready and waiting for you to make it your own!

Investor Tools

Property Icon
$275,000
Estimated Property Value
$449,810Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$233/month
$460/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,423
$247,339
2025
$64,530
$182,809
$247,339
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,423
$247,339

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Unknown
$228,936
No
First
May 27, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$449,810
N/A
0%
164%
$2,746/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,206/mo
$-1,484/mo
7.5%

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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8319 Terrace Wind Dr | Property Details | No Agent List