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$3,944,000

NAL Estimated Property Value

3006 Locke Ln, Houston, TX, 77019

Off MarketInfo
Beds4 Beds
Baths7 Bath
Baths6,780 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$515.49 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Double Oven, Electric Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Stone, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Outdoor Kitchen
Lot Size11,273 sqft

Building Information

Year Built2004
Stories2
Garage Spaces2

Land Information

APN0641720020032
Lot Number1
SubdivisionAvalon Place
Land UseResidential
Legal DescriptionLT 1 BLK 1 AVALON PLACE SEC 2 PAR R/P
Census Tract411400
Assessed Land Value$1,431,813
Assessed Improvement Value$2,137,743
Assessment Year2025

About this property

Inspired by properties on the French Riviera, this stunning River Oaks area home was meticulously crafted by Tommy Dorsey & epitomizes refined sophistication. Lush landscaping & greenery surround the property, providing privacy & a picturesque setting for the pool & cabana. The home boasts a gracious floor plan, with natural light streaming through floor-to-ceiling windows & French doors. The living & dining areas offer stunning pool views. The gourmet kitchen features Thermador & SubZero appliances & opens to a spacious den complete with custom built-ins & a limestone mantel fireplace, alongside a bright morning room. The upper level hosts a luxurious primary suite with a Crema Marfil bath & impressive closets, three additional ensuite bedrooms, and an ensuite game room. Modern comforts include limestone & hardwood floors & custom hardware. The outdoor oasis is perfect for entertaining, with a heated pool, hot tub, outdoor shower, & a cabana equipped with a summer kitchen & fireplace.

Investor Tools

Property Icon
$3,944,000
Estimated Property Value
$1,976,473Estimated Mortgage Balance
$1,967,527Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$23,664 /month
Positive
Cash Flow Estimate:
$7,888 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$5,596/month
$1,600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$47,434
$3,569,556
2025
$1,431,813
$2,137,743
$3,569,556
No

Tax History

Year
Tax Paid
Assessed Value
2024
$47,434
$3,569,556

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zb Na
Conventional
$2,000,000
No
First
Jun 17, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,976,473
$1,593,083
44%
50%
$11,672/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$13,272/mo
$-9,932/mo
1.0%

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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3006 Locke Ln | Property Details | No Agent List