1view

Owner Contacts

$386,232

3482 Luca Street, Houston, TX, 77021

Off Market

3 Beds

4 Bath

1,907 Sq Ft

Single Family Residence

$220.24 / sqft

Built in 2023

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Bathrooms Half 1

Garage Available

Heating Central

Cooling

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

$386,232

Estimated Property Value

$0Estimated Mortgage Balance

$6,310Estimated Equity

100% 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

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

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

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

First

Aug 18, 2023

Sep 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$379,922

$6,310

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%

Learn About the Market: Opportunity in Houston

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 This Area