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$254,000

NAL Estimated Property Value

8334 Terrace Wind Dr, Houston, TX, 77040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,659 Sq Ft
price_per_sqft$111.51 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,403 sqft

Building Information

Year Built1979
Stories1
Garage Spaces2

Land Information

APN1135350000026
Lot Number26
SubdivisionPatio Homes Of
Land UseResidential
Legal DescriptionLT 26 BLK 3 PATIO HOMES OF WINDFERN GARDENS SEC 1
Census Tract534205
Assessed Land Value$68,115
Assessed Improvement Value$179,587
Assessment Year2025

About this property

Location! Location! investment property with plenty of room for equity. Neighborhood pool and Tennis. Award winning CFISD! Easy to Beltway, 290 and Downtown.

Investor Tools

Property Icon
$254,000
Estimated Property Value
$260,139Estimated 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
$1,524 /month
Positive
Cash Flow Estimate:
$508 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$233/month
$480/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,531
$247,702
2025
$68,115
$179,587
$247,702
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,531
$247,702

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Scf Jake Lp
Unknown
$264,000
No
First
Jul 23, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,139
N/A
0%
102%
$1,583/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,063/mo
$-341/mo
8.1%

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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