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542 Terrace Dr, Pratt, KS, 67124

4beds
4baths
4,336sqft
$399,000
$92price/sqft
$3,895/moest. monthly cost
$155,800/yrincome needed

About This Home

This impressive home offers the perfect balance of elegance, space, and family comfort in one of the area’s most desirable neighborhoods. The open-concept kitchen is the heart of the home, featuring beautiful finishes, Quartz countertops, and a seamless flow into the dining and living areas—ideal for gathering with family or entertaining guests. From the main floor, you’ll find three spacious bedrooms and updated bathrooms designed with a modern, spa-like touch with tile and Onyx finishes. The walkout basement expands your living options, offering a large family room, a fourth bedroom, a bonus room, and a generous storage area—plenty of space for everyone and everything. From the main floor, step outside to enjoy two expansive decks, and a sunroom with its own mini-split system for year-round comfort. From the walkout basement, step outside to a relaxing hot tub. The beautifully landscaped yard adds curb appeal and a sense of peace to this exceptional property. With its thoughtful layout, luxurious updates, and family-friendly design, this home is truly a rare find.

Getting Around

37
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

6/10
5/10
Liberty Middle SchoolGrades 6-81.2 mi
7/10
Pratt Sr High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1966

Materials

  • Roof: Composition
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Cooktop,Gas Water Heater,Electric Oven
  • Laundry features: Main Level,220 equipment

Basement

  • Has basement: Yes
  • Basement: Partial,Exterior Entry,Interior Entry,Finished,Poured Concrete,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Features

  • Window features: Window Coverings-ALL,Wood Frames,Double Pane Windows
  • Flooring: Carpet,Tile,Wood
  • Number of fireplaces: 2
  • Fireplace features: Two,Gas Starter,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Wall Furnace,Natural Gas
  • Cooling features: Ceiling Fan(s),Electric

Interior Area

  • Total structure area: 4,336
  • Total interior livable area: 4,336 sqft

Property

Details

  • Parcel number: 0883404002006000

Features

  • Patio & porch: Deck,Covered,Enclosed
  • Exterior features: Underground Sprinkler-PAR,Guttering
  • Has spa: Yes
  • Spa features: Hot Tub
  • Fencing: Wood,Wrought Iron

Lot

  • Lot size: 0.30 Acres
  • Features: City Lot
  • Lot size dimensions: 100 x 130

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener,Alley Access
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Tornado
    TornadoVery High
  • Hail
    HailRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Hail
Ice Storm
Strong Wind
Drought
Heat Wave
Lightning

FEMA Declared Disasters Across Kansas Counties

Flood
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,017$24,204
Home Insurance *$1,017$12,204
Property Taxes $515$6,180
Electricity $346$4,154
Total$3,895$46,740
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$133,542/yr
40% on housing$116,850/yr
45% on housing$103,866/yr

Kansas FAIR Plan Programs

Kansas All-Industry Placement Facility

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 11,507Commercial: 209
Total Premiums$9.41M
Total Exposure$949,000

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 1.6%
1.6%
0%15.0%
Property Taxes Growth Rate2-year average: -4.2%
-4.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$92This listing

vs Other Active Listings

Avg $/sqft

ZIP 67124$61
Pratt County$61

vs Homes Sold Last Month

Median $/sqft

ZIP 67124
Pratt County$72

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-01Price change$399,000
2026-03-09Price change$429,000
2025-10-06Listed for sale$449,000

For Sale by Agent

AgentKevin Hamm
BrokerageHamm Auction & Real Estate, LLC

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