TERRACE RIVER PH 1
Homes for Sale in TEMPLE TERRACE, FL

Homes here were built out over a roughly three-decade span, from the mid-1970s through the mid-2000s, with the typical home dating to the early 2000s and running larger than a starter footprint at just under 2,300 square feet of living space.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

TERRACE RIVER PH 1 is a small community — 50 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.

In ZIP 33637, 66 homes are on the market and 20% are under contract — a steady corner of TEMPLE TERRACE.

Across Hillsborough County, 6,259 homes are active and 2,098 pending (25% under contract).

The housing mix here is 56% townhouse, 42% single family residence, 1% condominium.

ZIP and county figures describe the wider market, not TERRACE RIVER PH 1 specifically. Momentum Research analysis of MLS records.

• Hillsborough County Public Schools (verify by address) · Public
• Confirm zoned elementary, middle, and high · By address
• Magnet, IB, and choice options may apply · Choice

Zoned schools reflect the assignments reported on recent TERRACE RIVER PH 1 listings and can change; always confirm with Hillsborough County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any TERRACE RIVER PH 1 address.

The build timeline - 1975 through 2007, with a median year of 2002 - means Terrace River Ph 1 blends older, more established construction with a newer wave of homes from the early 2000s. That spread is worth walking a buyer through room by room rather than assuming uniformity across the community; a 1970s-era home and a 2005-built home on the same street can carry very different systems, layouts, and lot treatments even under one HOA.

Just over half of the homes (53.8%) carry a homestead exemption, which points to a community with a meaningful base of owner-occupied primary residences rather than one dominated by investment or seasonal ownership. Deed restrictions apply, and the community lists tennis courts and a park among its shared amenities - worth confirming directly with the HOA on current access and condition, since MLS-reported amenities can lag reality.

In a community with only two active listings, generic market data will not tell you much - you need someone tracking this specific pocket closely, cross-checking HOA amenity details, and pricing off the actual condition and vintage of a home rather than a thin comp set. That is the kind of legwork we do before we ever put a number in front of a client.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.