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$386,232

NAL Estimated Property Value

3482 Luca Street, Houston, TX, 77021

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths1,907 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$220.24 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size1,625 sqft

Building Information

Year Built2023
Garage Spaces1

Land Information

APN1465730010003
Lot Number3
Land UseResidential
Legal DescriptionLT 3 BLK 1 STEARNS TERRACE
Census Tract313700
Assessed Land Value$62,766
Assessed Improvement Value$323,466
Assessment Year2025

About this property

Welcome to the newest development by TOMO HOMES! Located in the best rental and airbnb market in the city! Just minutes from the Medical Center, Downtown, and the University of Houston and TSU campuses. Modern on Stearns offers three-story contemporary living with 3 bedrooms, 3.5 baths, 10' ceilings throughout, his and hers walk in closets, large balcony with glass sliding door and a private study, perfect for work from home! This development boasts modern finishes including quartz countertops, top-of-the-line stainless steel appliances, and modern shaker cabinets and hardware. Each home offers private driveways and the corner home features a large side yard! 0.2 miles away from the new 52-acre Hines Development, Levit Green! This commercial development features dining, shopping, outdoor spaces, and research facilities! Less than two miles away from the new TMC3 Medical Center development, a separate 37-acre mixed-use development bringing 23,000 permanent jobs to the area. NO HOA!

Investor Tools

Property Icon
$386,232
Estimated Property Value
$379,922Estimated Mortgage Balance
$6,310Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$648/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,848
$386,232
2025
$62,766
$323,466
$386,232
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,848
$386,232

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$399,990
No
First
Aug 18, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$379,922
$6,310
1%
98%
$2,399/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,399/mo
$-677/mo
5.4%

City: Houston

3482 Luca Street | Property Details | No Agent List