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$1,250,000

307 Timber Terrace Rd Houston, TX 77024

0.7 acres
Land

Property details

About 307 Timber Terrace Rd

Nestled in the heart of Houston’s prestigious Memorial area, 307 Timber Terrace Rd. offers an exceptional opportunity to build your dream home on a sprawling lot 31,419 sf +/- per HCAD. Previous house didn't flood! Surrounded by mature trees and located on a quiet street, this property boasts unparalleled privacy and serenity, while still being conveniently close to top-rated schools, world-class shopping, fine dining, and major highways. The lot’s generous dimensions provide endless possibilities for custom construction, outdoor living spaces, or a luxurious pool. Don’t miss the chance to create your ideal residence in one of Houston’s most sought-after neighborhoods. This is rare to find!

Highlights

Home typeOther
StatusActive
Lot size0.7213 Acres
MLS #7462375
WaterfrontBayou, Waterfront
ViewWater

Summary

  • Waterfront: Bayou, Waterfront
  • View: Water
  • List Price: $1,250,000
  • Annual Tax Amount: $8,943
  • Tax Year: 2024
  • Lot: Cul-De-Sac, Views, Wooded, Waterfront
  • Directions: I-10, EXIT CHIMNEY ROCK, EAST ON MEMORIAL, SOUTH ON TIMBER TERRACE, END OF THE STREET, RIGHT OF THE CUL-DE SAC. From 610 Loop go west on Memorial Drive, turn left (south) on Timber Terrace just past St. Mary's Seminary. East of Chimney Rock.
  • Lot Size: 0.7213 Acres
  • MLS Number: 7462375
  • MLS Name: HAR
  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (281) 652-5588
  • Office Email: tx.listings@elliman.com
  • Listing Agent: Christina Rodriguez

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 7/24/2025, 8:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$848,300$8,943
2023$848,300$9,036
2022$678,640$15,866
2021$678,640$19,168
2020$775,000$21,113
2018$775,000$20,289

History based on county public records data.

Nearby schools

9

Hunters Creek Elementary School

Public District KG-5

1.1 mi

10650 Beinhorn Rd

9

Valley Oaks Elementary School

Public District KG-5

1.7 mi

8390 Westview Dr

7

Housman Elementary School

Public District KG-5

1.8 mi

6705 Housman St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $121,266. The most common annual income of people living in Houston, TX is between $100k-200k. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

15%
<35k
25%
35k-100k
32%
100k-200k
28%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

31%
Single, No Kids
5%
Single, with Kids
43%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
7%
12-17 yrs old
12%
18-34 yrs old
47%
35-64 yrs old
23%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Men's TennisMen's Tennis
  • Skiing/snowboardingSkiing/snowboarding

Where do the neighbors shop?

  • Chico'sChico's
  • BloomingdalesBloomingdales
  • NordstromNordstrom

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • California Pizza KitchenCalifornia Pizza Kitchen
  • QdobaQdoba

What do the neighbors drive?

  • CadillacCadillac
  • LexusLexus
  • BMWBMW

What do the neighbors listen to?

  • ClassicalClassical
  • NewsNews
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

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Frequently asked questions

About 307 Timber Terrace Rd

The listing price of 307 Timber Terrace Rd property is $1,250,000.

The property 307 Timber Terrace Rd is land located in Houston, Texas, 77024.

Active Listing: 307 Timber Terrace Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 307 Timber Terrace Rd are: Hunters Creek Elementary School (GreatSchools Rating 9/10), Valley Oaks Elementary School (GreatSchools Rating 9/10), Housman Elementary School (GreatSchools Rating 7/10), Tanglewood Middle School (GreatSchools Rating 4/10), Spring Branch Middle School (GreatSchools Rating 6/10), Cornerstone Academy (GreatSchools Rating 10/10), T H Rogers School (GreatSchools Rating 10/10), Memorial High School (GreatSchools Rating 8/10), Lee High School (GreatSchools Rating 1/10).

According to the records, the last property tax for 2024 is $8,943 (source: MLS/based on county public records data).

The property 307 Timber Terrace Rd is 0.721 acres.

This home is located at 307 Timber Terrace Rd in Houston, TX and zip code 77024 in the Close-In Memorial neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 17, 2025 and is currently priced at $1,250,000.

Over 322 listings were sold over their listed price in June 2025 in Houston, TX. In the same period over 1379 listings were sold below the listed price and 411 listings were sold for the listed price. The number of homes for sale in Houston, TX increased by 10.4% between May and June 2025. In June 2025, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $323,293.

From Rocket Homes Real Estate and based on county public records data.

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