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$1,523,000

1206 Castellina Lane, Houston, TX, 77055

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,284 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$353.64 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 5Bathrooms 5
AppliancesDisposal, Double Oven, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringMarble, Tile, Wood

Exterior

Lot Size4,901 sqft

Building Information

Garage Spaces3

Land Information

APN1337700050002
Lot Number2
SubdivisionRavenna
Land UseResidential
Legal DescriptionLT 2 BLK 5 RAVENNA
Census Tract520100
Assessed Land Value$311,100
Assessment Year2025

About this property

Gorgeous 5 bedroom, 3 story home in the gated community of Ravenna. This home features engineered wood flooring with tile and marble floors as well. Quartz countertops, Fisher and Paykel appliances, high-end finishes, and a beautiful tile roof. Impressive entry with soaring ceilings. Study plus formal dining room downstairs. Primary suite with luxurious marble bathroom, along with three bedrooms on the second level. On the third level, there is a game room with an additional bedroom and roof deck. Ravenna offers an incredible resort-style pool with a loggia, outdoor dining area, and large dog park. Gate attendant on duty 24/7. Excellent close-in location near the Galleria and Memorial Park. Zoned to Spring Branch Middle School and Memorial High School, and within walking distance to Awty International School. Please stop by the model at 1131 Castellina for more information.

Investor Tools

Property Icon
$1,523,000
Estimated Property Value
$0Estimated Mortgage Balance
$525,886Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,138 /month
Positive
Cash Flow Estimate:
$3,046 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$868/month
$6,716/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,803
$311,100
2025
$311,100
N/A
$311,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,803
$311,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Regions Bank
Stand Alone First / Home Equity First Lien
$1,000,000
No
First
Mar 16, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$997,114
$525,886
34%
65%
$5,996/mo

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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