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318 Terrace Dr Houston, TX 77007 Directions

Currently not for sale


Home Value Comparables

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Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

AVM Value
$3.73M
$455.09/sqft
AVM Value
$3.18M
$388.14/sqft
AVM Value
$3.30M
$401.71/sqft
Value Range
$3.32M - $4.14M
Value Range
$2.79M - $3.58M
Value Range
$3,296,000
Confidence Score
89%

Margin of Error*: 11%
Confidence Score
72%

Margin of Error*: 12%
Confidence Score
NA


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Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

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Updated as of Apr 2024.

5 Bed(s)
5 Full & 3 Half Bath(s)
8,205 Bldg Sqft.
21,344 Lot Sqft.

General Description

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318 Terrace Dr (currently not for sale) is located in Glen Cove subdivision in Harris County. Scroll to see the property features, tax value, mortgage calculator, nearby schools and similar homes for sale.

The property information herein and below is from the county appraisal district and should be independently verified.

Contact a REALTOR® for an estimate of this property

Status:
Not Currently For Sale
Market Value:
$ 3,296,000/Appraisal District ($402/sqft.)
Address:
318 Terrace Dr
City:
State:
TX
Zip Code:
Subdivision:
Legal Description:
LT 30 BLK 2 GLEN COVE SEC 2
Bedrooms:
5 Bedroom(s)
Baths:
5 Full & 3 Half Bath(s)
Stories:
3 /Appraisal District
Building Sqft.:
8,205 /Appraisal District
Year Built:
2012 /Appraisal District
Lot Size:
21,344 Sqft.  /Appraisal District
Garage(s):
3


Rooms/Lot Dimensions

Bedroom:
16x12, Up
Living:
25x24
Dining:
17x15, Formal
Utility Room:
14x11, 2nd
Bedroom:
16x15, Up
Bedroom:
15x16, Up
Library:
17x17
Game Room:
22x12, Up
Bedroom:
15x14, Up
Primary Bedroom:
23x17, 2nd
Kitchen:
33x20
Media Room:
15x39



Interior Features

Range:
Gas Range
Heating:
Central Electric,Central Gas
Floors:
Stone,Tile,Wood
Number Of Dinning Area:
Formal Dining,Formal Living
Bedroom Desc:
All Bedrooms Up,Primary Bed - 2nd Floor
Oven:
Double Oven
Room Description:
Breakfast Room,Formal Dining,Gameroom Up,Media,Study/Library
Cooling:
Central Electric,Central Gas
Interior:
2 Staircases,Alarm System - Owned,Elevator,Fire/Smoke Alarm,High Ceiling,Wet Bar
Bathroom Description:
Double Sinks,Primary Bath + Separate Shower
Fireplace:
3/Wood Burning Fireplace


Exterior Features

Private Pool:
No
Garage Carport:
Driveway Gate,Porte-Cochere
Water Sewer:
Public Sewer,Public Water
Roof:
Slate
Lot Description:
Ravine,Subdivision Lot
Foundation:
Slab on Builders Pier
Exterior:
Back Yard,Back Yard Fenced,Covered Patio/Deck,Outdoor Fireplace,Outdoor Kitchen,Patio/Deck,Sprinkler System
Exterior Type:
Brick & Wood


Lot Information

  Lot Size: 21,344 Lot Sqft. / Appraisal District
Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy


Additional Information

Dwelling Type:
Free Standing
HOA Mandatory:
No
Restrictions:
Deed Restrictions
*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.


Property Tax

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Cost/sqft based on Market Value
Tax Year Cost/sqft Market Value Change Tax Assessment Change
2023 $401.71 $3,296,000 1.54% $3,296,000 7.01%
2022 $395.63 $3,246,107 15.93% $3,080,000 10.00%
2021 $341.26 $2,800,000 -13.35% $2,800,000 -13.35%
2020 $393.85 $3,231,500 7.72% $3,231,500 7.72%
2019 $365.63 $3,000,000 -5.06% $3,000,000 -5.06%
2018 $385.13 $3,160,000 -21.00% $3,160,000 -21.00%
2017 $487.51 $4,000,000 -5.79% $4,000,000 -5.79%
2016 $517.46 $4,245,800 9.03% $4,245,800 9.03%
2015 $474.60 $3,894,100 4.29% $3,894,100 4.29%
2014 $455.06 $3,733,800 73.76% $3,733,800 73.76%
2013 $261.89 $2,148,767 114.99% $2,148,767 114.99%
2012 $121.81 $999,460 $999,460
2023 Harris County Appraisal District Tax Value
Market Land Value: $1,399,244
Market Improvement Value: $1,896,756
Total Market Value: $3,296,000

Tax History
2023 Assessed Value/Appraisal District: $3,296,000
2022 Assessed Value/Appraisal District: $3,080,000
2021 Assessed Value/Appraisal District: $2,800,000
2020 Assessed Value/Appraisal District: $3,231,500
2019 Assessed Value/Appraisal District: $3,000,000
2018 Assessed Value/Appraisal District: $3,160,000
2017 Assessed Value/Appraisal District: $4,000,000
2016 Assessed Value/Appraisal District: $4,245,800
2015 Assessed Value/Appraisal District: $3,894,100
2014 Assessed Value/Appraisal District: $3,733,800
2013 Assessed Value/Appraisal District: $2,148,767
2012 Assessed Value/Appraisal District: $999,460
Harris County Appraisal District
2023 Tax Rates
HOUSTON ISD: 1.0372 %
HARRIS COUNTY: 0.3437 %
HC FLOOD CONTROL DIST: 0.0306 %
PORT OF HOUSTON AUTHORITY: 0.0080 %
HC HOSPITAL DIST: 0.1483 %
HC DEPARTMENT OF EDUCATION: 0.0049 %
HOUSTON COMMUNITY COLLEGE: 0.0956 %
HOUSTON CITY OF: 0.5336 %
Total Tax Rate: 2.2019 %

Estimated Mortgage/Tax

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$18,636 Monthly
Estimated Monthly Principal & Interest (Based on the calculation below) $ 12,588
Estimated Monthly Property Tax (Based on Tax Assessment 2023) $ 6,048
Home Owners Insurance Get a Quote
$
Months
Years
$
%
%
$

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Use this mortgage calculator to create and estimate your monthly mortgage payment(principal and interest) and estimates for property taxes(based on past rates).

Subdivision Facts

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2023 Subdivision Facts

Subdivision Name:
Glen Cove
County / Zip Code:
77007
Single Family Properties:
180
Average Bedrooms:
3.75
Average Baths:
4.30
Median Square Ft.:
4,207
Median Lot Square Ft.:
7,857
Median Year Built:
2002
Median Appraised Value:
$1,577,772
Neighborhood Value Range:
$840 - $3537 K
Median Price / Square ft.:
$412.67

View Price Trends for Glen Cove

Schools

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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

ASSIGNED SCHOOLS
Memorial Elementary School Elementary . PK - 05 . HOUSTON ISD
Excellent

View Nearby Schools

318 Terrace Dr is a 5 Beds, 5 Full Bath(s), property in Houston TX 77007. View photos, map, tax, nearby homes for sale, home values, school info...

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