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$1,271,480

NAL Estimated Property Value

3509 Castor St, Houston, TX, 77022

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,100 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$245.24 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringVinyl

Exterior

Exterior FeaturesBalcony
Lot Size6,599 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN0222280040005
Lot Number5,6
Land UseResidential
Legal DescriptionLTS 5 & 6 BLK 4 LINCOLN HEIGHTS
Census Tract530300
Assessed Land Value$184,800
Assessed Improvement Value$1,086,680
Assessment Year2025

About this property

Welcome to this stunning new home, packed with style and thoughtful details! With 3 bedrooms and 2.5 baths, it’s perfect for modern living. From the moment you walk in, you’ll notice the soaring 22-foot ceilings in the entryway and living room, along with 11-foot ceilings on the first floor that create a bright, open feel. The kitchen features quartz countertops, a walk-in pantry, and a dry bar for entertaining. Additional highlights include a mudroom to keep the home organized. Every bathroom is finished with luxury tile and upscale design. Step outside to a spacious backyard—perfect for relaxing or entertaining, with room to design your dream pool. There's also a balcony for peaceful mornings or evenings. Located in the growing Independence Heights area, this home is surrounded by exciting new construction. Plus, you’re just a short drive from Houston Heights and Downtown with great restaurants and shops. Schedule your showing today and see this incredible home!

Investor Tools

Property Icon
$1,271,480
Estimated Property Value
$507,709Estimated Mortgage Balance
$763,771Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,629 /month
Positive
Cash Flow Estimate:
$2,543 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$685/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,862
$1,271,480
2025
$184,800
$1,086,680
$1,271,480
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,862
$1,271,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$510,000
No
First
Jan 24, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$507,709
$763,771
60%
40%
$3,118/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,118/mo
$-1,396/mo
1.6%

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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3509 Castor St | Property Details | No Agent List