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$465,000

114 Locksley Trace Ct, Houston, TX, 77094

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,763 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$168.3 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size9,453 sqft

Building Information

Year Built1999
Garage Spaces2

Land Information

APN1188510020057
Lot Number57
SubdivisionGreen Trails Crossing
Land UseResidential
Legal DescriptionLT 57 BLK 2 GREEN TRAILS CROSSING SEC 3
Census Tract454505
Assessed Land Value$84,944
Assessed Improvement Value$358,214
Assessment Year2025

About this property

Welcome to 114 Locksley Trace in the sought-after Green Trails community! This two story home offers a spacious, functional layout with soaring ceilings, open living spaces, abundant natural light, 4 bedrooms, 3.5 baths, and the added versatility of two bedrooms downstairs. The two story entry opens to an elegant formal dining room and to a home office/flex room. The family room features a wall of windows, cozy fireplace and built-ins, and it flows seamlessly into the kitchen and adjoining breakfast room. The spacious primary suite and a guest bedroom with adjacent full bath are located on the 1st floor, and upstairs you'll find a gameroom and the additional guest bedrooms. Recent updates include a renovated upstairs guest bath, new roof (2025), new hot water heater (2025), new AC (2021), new carpet (2025), and fresh interior paint (July 2026). Zoned to Katy ISD and ideally located with easy access to I10, the Energy Corridor, shopping, dining, and more.

Investor Tools

$56,000Estimated Mortgage Balance
$468,000Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,144 /month
Positive
Cash Flow Estimate:
$1,048 /month

Interested in this property?

Jimmy Franklin

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$534/month
$1,460/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,786
$443,158
2025
$84,944
$358,214
$443,158
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,786
$443,158

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Chase Manhattan Mtg Corp
N/A
$140,000
N/A
First
Nov 20, 2001
Dec 2016

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$56,000
$468,000
89%
11%
$538/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$1,998/mo
+$1,342/mo
7.6%

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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114 Locksley Trace Ct | Property Details | No Agent List