$258,459 EMV

Single-Family
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Terrace Run Ln
Houston, TX 77044

Overview

This Single-Family Foreclosure is located at Terrace Run Ln, Houston, TX 77044. This property is currently bank owned with an estimated market value of $258,459.
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Status: Active
Listing ID: 63576214
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Learn about Terrace Run Ln in Houston, TX

This single-family property is available as a foreclosure at Terrace Run Ln. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Houston, specifically for Terrace Run Ln and comparable listings. Based on this expert analysis, the estimated market value is $258,459. If purchased for rental purposes, the monthly rental rate could range between $1,460 and $1,620, providing a solid return on investment. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Terrace Run Ln are updated daily along with others in Houston, Texas, ensuring you have the most current and accurate information. Since this property is a foreclosure, be sure to check out our Foreclosure Timeline for Terrace Run Ln below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Buy this home for as little as

Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 6% APR

Principal
Interest
Property Taxes
Homeowners Insurance
Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.

Foreclosure Timeline

Terrace Run Ln in Houston Texas Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Terrace Run Ln
View Foreclosure Status
05/08/25
Bank owned
Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
04/15/25
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.

What is the city of Houston, TX like?

Houston, the fourth largest city in the U.S., boasts a dynamic lifestyle rich in cultural diversity and economic opportunities. Known for its warm climate and vibrant arts scene, the city offers a mix of urban living with southern charm. With a variety of parks, museums, and theaters, residents enjoy a robust lifestyle filled with recreational activities.

In addition to its cultural attractions, Houston is a major hub for industries such as energy, healthcare, and aerospace. The economy is driven by various sectors, leading to stable job growth and a steady influx of new residents. The extensive job market paired with affordable living costs makes it an attractive destination for individuals and families alike.

Education is a priority in Houston, with numerous institutions providing quality schooling from elementary to higher education. Families moving into the area can take advantage of reputable public and private schools as well as local universities and community colleges. Additionally, the city is home to several prestigious healthcare facilities.

Outdoor enthusiasts will appreciate Houston's parks and green spaces, which provide ample opportunities for hiking, biking, and relaxing. With the proximity of the Gulf Coast, residents can also easily access beaches and water activities, making it an ideal place for those who enjoy an active lifestyle.

Nearby Schools

There are 5 schools in the area. Nearby schools include Hogg Middle School and Waltrip High School.

Hogg Middle School
Waltrip High School
River Oaks Elementary School
Principia School
St. John's School

Nearby Attractions

There are plenty of activities near this property like Houston Public Library, Houston Community College, and more.

Houston Public Library
Houston Community College
Texas Children's Hospital
Memorial Hermann Hospital
The Museum of Fine Arts

What kind of public transportation is there?


Public transportation options include: Houston METRO Bus Service provides comprehensive coverage of the city, The METRORail light rail system connects major downtown areas and the Texas Medical Center. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Hermann Park, Buffalo Bayou Park and more.

Hermann Park
Buffalo Bayou Park
Discovery Green
Memorial Park
Eleanor Tinsley Park

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile
Sprint

Internet Providers

AT&T
Xfinity
Google Fiber
Spectrum
Rental Chart
View Rental and Market Value
for Terrace Run Ln in Houston Texas
View Market Value

Property Information

Community & Neighborhood

This property in Houston, TX is located in the Stonefield Terraces Sec 6 Subdivision.


Foreclosure

The property located at Terrace Run Ln in Houston, TX is listed as a Foreclosure

Properties like Terrace Run Ln in Houston, Texas listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Houston, TX. The longer lenders own properties like this on Terrace Run Ln, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

Read more...

Legal Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for Terrace Run Ln located in Houston, TX is $1,540/month. Comparable homes around Terrace Run Ln that are rentals have monthly ranges starting as low as $1,460 per month and as high as $1,620 per month. An owner looking to use this property as an investment could bring a return in the area of $1,460 - $1,620 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
05/08/25   Foreclosure
04/15/25 05/06/25 Preforeclosure Owner Finance Co
04/15/25 05/06/25 Preforeclosure THE OWNER FINANCE COMPANY
07/24/23 02/11/24 Foreclosure
06/12/23 07/05/23 Preforeclosure The Owner Finance Company
12/20/22 06/21/23 Bankruptcy
12/12/22 01/03/23 Preforeclosure Owner Finance Co
12/12/22 01/03/23 Preforeclosure THE OWNER FINANCE COMPANY
05/26/22 12/19/22 Bankruptcy
05/16/22 06/07/22 Preforeclosure Owner Finance Company
01/10/22 02/01/22 Preforeclosure The Owner Finance Company
01/10/22 02/01/22 Preforeclosure THE OWNER FINANCE COMPANY
02/04/11 05/25/11 Foreclosure

Similar Homes Nearby Houston, TX


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Terrace Run Ln
Houston, TX 77044

Single-Family

$258,459 EMV

Status: Active Listing ID: 63576214

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Terrace-Run-Ln-Houston-TX-77044/63576214_lid

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