When was property at 402 Terrace Drive built and last sold?

The property at 402 Terrace Drive was built in 1947 and last sold on Nov 15, 2022 for $0.

How much is this home worth?

The estimated value of the home located at 402 Terrace Drive is $0.

What are some comparable homes to 402 Terrace Drive?

There are currently no comparable homes to 402 Terrace Drive.

Houston

77007

Washington Avenue - Memorial Park

402 Terrace Drive

Sold on Mar 2, 2026

Map

$990,000 Last Listed Price

● Land - Off Market

402 Terrace Drive

Houston, TX 77007

Studio

0 Bath

$6,735

Est. Monthly

About This Property

Prestige Meets Possibility in Memorial Park's Most Coveted Enclave. Positioned on a prime corner lot, this rare offering presents an extraordinary canvas for your architectural vision. Surrounded by multi-million dollar estates in one of Houston's most elite neighborhoods, the property invites you to craft a bespoke residence that reflects your highest standards of design and lifestyle. Enjoy the freedom to select your builder and bring your dream home to life, the result will be a residence of timeless sophistication. Just 5 minutes from Downtown and 10 minutes from the Galleria, this location offers unmatched access to Houston's finest dining, shopping, and cultural destinations-while preserving the tranquility and prestige of park-side living. A rare opportunity in a neighborhood where availability is scarce and demand is enduring. Multiple offer - submit your highest and best offer by 2 Pm Monday

Unit Size

Days on Market

Land Size

0.19 acres

Price per sqft

Property Type

Land

Property Taxes

$1,873

HOA Dues

Year Built

1947

Payment Calculator

Cap Rate Calculator

Last updated: 8 months ago (HAR #67058190)

Price History

Date / Event	Date	Event
Mar 2, 2026	Sold	Premium
Sold
Nov 6, 2025	In contract	-
In contract
Nov 3, 2025	Listed by Keller Williams Memorial	$990,000
Listed by Keller Williams Memorial

Property Highlights

Building Info

Overview

General

Year Built: 1947

Effective Year Built: 1947
Bedroom Count: 0
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 1
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 100
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,370

Total Building Area: 0
Building Area: 0

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heating Fuel Type: 3

Utilities

Sewer System: 1

Water Service: 2

Building

Building Type: 0

Property Class: V
Subdivision: GLEN COVE SEC 3
Land Acres: 0000000192
Standard Land Use Code: 8000
County Land Use Code: 1000
State Land Use Code: C1
Legal Description 1: LT 23 BLK 1 GLEN COVE SEC 3

Neighborhood

School District Name: Houston Independent School District

School Tax School District: HOUSTON ISD
Census Tract: 510802

Geography

Assessors Map Reference: 5257B

Account Number: 0690420050023
District: 061
Parcel: 069-042-005-0023
Block: 1
Lot: 23
Municipality: CITY OF HOUSTON
Latitude: 29.7675
Longitude: -95.4239

Address

Full Address: 402 Terrace Dr

Address - House Number: 402
Address - Street Name: Terrace
Address - Suffix Type: Dr
State: TX
City Name: Houston
Carrier Code: C011
4-Digit Zip Code: 5098
Zip Code: 77007

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,765,596
Tax Rate Code Area: 061

Market Valuation

Market Total Value: $801,855

Market Land Value: $801,855

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $801,855
Assessed Land Value: $801,855

Sales

Current Sale Contract Date: Nov 15, 2022

Current Sale Recording Date: Nov 15, 2022
Current Sale Document Type: 71
Current Sale Input Document Number: 551523
Previous Sale Recording Date: Mar 07, 2012
Previous Sale Contract Date: Mar 07, 2012
Previous Sale Document Type: 71

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Central Houston

Stats & Trends

Median Asking:

$569,000

Sale Price/ft²

$261

Above Asking

52.11%

Average Days on Market

Average Home Size

2386 ft²

Average Home Age

32.3 years

Currently For Sale

2135 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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2 Beds
2 Baths
1,250 ft²

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Unit for rent at 2221 Welch Street, Houston, TX, 77019

$8,250 /mo

3 Beds
3 Baths
2,834 ft²

2221 Welch Street #401, Houston, TX, 77019 Listing by Ed Wolff

Unit for rent at 4705 Gibson Street, Houston, TX, 77007

$8,100 /mo

3 Beds
3 Baths
3,437 ft²

4705 Gibson Street, Houston, TX, 77007 Listing by Ingrid Roa Wynne

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Sepi Akhavi, Keller Williams Memorial
Last Updated: 8 months ago
Data Source: HAR , MLS# 67058190

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