Hector Castro & Robinson Castro Of Hera Lending Provide $3.61M Construction Loan In Houston
347 Tynebridge Lane
$3,609,915
$426/SF
Building Size
8,456 SF
Asset Type
Single Family Residence
Closing
Feb 23, 2026
AI
This property asset is a single-family home located at 347 Tynebridge Lane in the Houston market. The total square footage of the asset is 8,456, which provides ample living space for its occupants. The transaction involves a construction loan amounting to $3,609,915.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,609,915
- Loan Type: Construction
- Loan Terms: 24 months
- Lender: Hector Castro & Robinson Castro - Hera Lending
- Market: Houston
- Address: 347 Tynebridge Lane
- Asset Square Footage: 8,456
The deal is facilitated by Hector Castro and Robinson Castro representing Hera Lending, which marks the company's entrance into the Texas market with this transaction. Hera Lending aims for a strategic growth focus within Texas, promoting financing options for bridge, construction, fix-and-flip, and DSCR projects across the state.
Players
Houston Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.39%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93