No, I think it's inconsiderate to text people when they are likely sleeping. If you have kids/family you typically don't silence your phone at night in case there's an emergency. So if I get a text at 03:00 I'm likely to wake up and look at it.

You're the one sending the message, so you're the one who should wait to do it when it it will be convenient for the recipient. If you're texting me in the middle of sleeping hours, you're telling me that your convenience is more important to you than mine.