House Prices

Terraces on Memorial Houston, TX House Prices & Home Values 2026


Average Data

average house price$417,222
average size per house2215 ft²
average price per ft²190 $ / ft²

04/04/2026 - The value range (VR) for house prices in Terraces on Memorial Houston, TX is $180.5/ sqft to $199.5/ sqft. An average home with 2215 sqft costs approximately $402,607 to $444,986. Houston, TX includes 1 ZIP codes and it is located in Harris county. The lowest prices are found in ZIP 77079, while the highest are in ZIP 77079. The average price per sqare feet is $190. Our analysis is based on 17 property listings.

Avergage prices by ZIP codes Terraces on Memorial Houston

77079207 $ / ft²




Historical development of home values in Terraces on Memorial Houston

Year Estimated value (USD) Change vs. 2025
2010 $193,765 -53.6%
2011 $186,273 -55.4%
2012 $185,771 -55.5%
2013 $192,715 -53.8%
2014 $202,297 -51.5%
2015 $212,680 -49.0%
2016 $223,779 -46.4%
2017 $235,857 -43.5%
2018 $248,897 -40.3%
2019 $260,438 -37.6%
2020 $273,901 -34.4%
2021 $311,533 -25.3%
2022 $363,177 -13.0%
2023 $382,987 -8.2%
2024 $405,144 -2.9%
2025 $417,222 0.0%

Graph: estimated home values in Terraces on Memorial Houston over time (USD)



Example: 100% financing house in Terraces on Memorial Houston

Loan amount: $417,222

Interest rate: 6.04%

Fixed monthly payment: $2,512.73

Breakdown in the 1st month:
Interest portion: $2,100.71  –  Principal portion: $412.02

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $25,069.31 $5,083.50 $412,138.50
2 $24,753.52 $5,399.29 $406,739.21
3 $24,418.10 $5,734.70 $401,004.51
4 $24,061.85 $6,090.95 $394,913.56
5 $23,683.47 $6,469.33 $388,444.22
6 $23,281.59 $6,871.22 $381,573.01
7 $22,854.74 $7,298.07 $374,274.94
8 $22,401.37 $7,751.44 $366,523.50
9 $21,919.84 $8,232.97 $358,290.54
10 $21,408.39 $8,744.41 $349,546.12
11 $20,865.18 $9,287.63 $340,258.49
12 $20,288.22 $9,864.59 $330,393.90
13 $19,675.41 $10,477.40 $319,916.51
14 $19,024.54 $11,128.27 $308,788.24
15 $18,333.23 $11,819.57 $296,968.67
16 $17,598.98 $12,553.82 $284,414.84
17 $16,819.12 $13,333.69 $271,081.16
18 $15,990.81 $14,162.00 $256,919.16
19 $15,111.04 $15,041.76 $241,877.40
20 $14,176.63 $15,976.18 $225,901.22
21 $13,184.16 $16,968.65 $208,932.57
22 $12,130.04 $18,022.77 $190,909.81
23 $11,010.44 $19,142.37 $171,767.44
24 $9,821.28 $20,331.52 $151,435.92
25 $8,558.26 $21,594.55 $129,841.37
26 $7,216.77 $22,936.04 $106,905.33
27 $5,791.95 $24,360.86 $82,544.47
28 $4,278.61 $25,874.19 $56,670.28
29 $2,671.27 $27,481.54 $29,188.74
30 $964.07 $29,188.74 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Terraces on Memorial Houston, TX


1500 sqft3900 sqft
Ø selling price$347,264$738,726
Ø fast selling$315,695$664,853
Ø high price sale$378,834$812,598

In 2026, houses in Terraces on Memorial Houston, TX will be offered at an average price of $190 per square foot. A 1,500 sqft home priced at $347,264 is 23.16% more expensive per square foot than a 3,900 sqft home priced at $738,726. Home prices in Terraces on Memorial Houston, TX vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $511,426. Sellers who can wait longer may achieve a higher price of up to $625,076.


Terraces on Memorial, Houston TX Neighborhood Guide

Location and Lifestyle

Terraces on Memorial is a gated neighborhood in West Houston near the Energy Corridor, offering a blend of convenience and suburban tranquility.
Set just off Memorial Drive and Eldridge Parkway, residents enjoy quick access to Terry Hershey Park?s trails and green space. The community?s central location places major employers, dining, and shopping within minutes, with easy routes to I-10 and Beltway 8.

Homes and Amenities

Homes in Terraces on Memorial are typically elegant patio and single-family residences with brick and stone elevations, open-concept layouts, and two-car garages.
Neighborhood amenities often include landscaped lakes, walking paths, and controlled access, creating a low-maintenance, lock-and-leave lifestyle. Buyers will find modern kitchens, spacious primary suites, and private courtyards that maximize living space without extensive yard upkeep.

Convenience and Schools

Families appreciate the proximity to highly regarded schools and community parks, as well as nearby recreation at the Buffalo Bayou corridor.
Commuters benefit from short drives to CityCentre, Memorial City, and major Energy Corridor campuses, reducing time on the road.

Real Estate Insights

The Terraces on Memorial real estate market remains desirable for its location, amenities, and strong value relative to other Memorial-area gated communities. If you?re searching for homes for sale in Terraces on Memorial, Houston TX, you?ll find a refined neighborhood with lifestyle perks and long-term appeal.



FAQ – Home Values in Terraces on Memorial Houston

What is the median home value in Terraces on Memorial Houston in 2026?

In 2026, the typical home value in Terraces on Memorial Houston is about $417,222 for an average home size of 2215 square feet. This corresponds to an average price of roughly $190 per square foot.

What is the average cost per square foot in Terraces on Memorial Houston?

In 2026, homes in Terraces on Memorial Houston sell for an average of around $190 per square foot, with a typical range between $180.5 and $199.5 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Terraces on Memorial?

The average home size in Terraces on Memorial Houston is about 2215 square feet, with an estimated 2026 value around $417,222.



Neighborhoods close to Terraces on Memorial Houston, TX

Spring Shadows Houston, TX196 $ / ft²
Tres Palacios Oaks Blessing, TX553 $ / ft²
Coles Crossing Cypress, TX146 $ / ft²
Downtown Houston, TX210 $ / ft²
Downtown Waco Waco, TX228 $ / ft²
Chisholm Trail Ranch Fort Worth, TX153 $ / ft²
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