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$1,490,000

3007 Locke Ln, Austin, TX, 78704

Under ContractInfo
Beds4 Beds
Baths4 Bath
Baths3,056 Sq Ft
price_per_sqft$487.57 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Deal ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBar Fridge, Built In Oven, Energy Star Qualified Water Heater, Induction Cooktop, Refrigerator, See Remarks, Vented Exhaust Fan, Water Heater
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Private Yard
Lot Size8,089 sqft

Building Information

Year Built2023
Stories2
Roof Type105
Garage Spaces2

Land Information

APN04050606140000
Lot Number14
SubdivisionGarden Oaks Sec 2
Land UseResidential
Legal DescriptionLOT 14 BLK B GARDEN OAKS SEC 2
Census Tract001307
Assessed Land Value$394,602
Assessed Improvement Value$952,240
Assessment Year2025

About this property

A rare expression of modern luxury in the heart of 78704, this exceptional South Austin residence pairs sculptural architecture with an exquisitely curated material palette. A collaboration between North Arrow Studio and Pure Modern Homes, the design is defined by subtle curves, crisp lines, dramatic volumes, and light as a central architectural element. Soaring spaces are illuminated by Italian pendants and sophisticated architectural lighting, creating an atmosphere that transforms effortlessly from day to night. The open-concept interior lives far beyond its footprint, layering steel, walnut, glass, stone, and bespoke lighting throughout. The chef’s kitchen is impeccably appointed with custom walnut cabinetry, leathered countertops, black-glass induction, and premium JennAir appliances. A refined wet bar features side-by-side Sub-Zero wine and beverage centers, complemented by a striking Vistosi Italian blown-glass fixture. The primary suite evokes a private boutique hotel, with a sumptuous Rohl double shower and soaking tub, Concretti sinks, luxe gold fixtures, and custom Blueprint Lighting. Outside, a private resort-style poolscape anchors the secluded grounds, with three waterfalls, custom Fireclay tile, and sculptural stucco garden walls. Upstairs, a versatile studio/flex space offers a glass-railed pool-view balcony, full bath, and generous closet. An oversized two-car garage and private lot complete the offering. Quietly positioned in 78704, with effortless access to SoCo and SoLa, this is sophisticated urban living distinguished by architecture, craftsmanship, and uncompromising design.

Investor Tools

$2,654,944Estimated Mortgage Balance
$1,880,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,280 /month
Positive
Cash Flow Estimate:
$3,760 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,299/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,187
$1,346,842
2025
$394,602
$952,240
$1,346,842
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,187
$1,346,842

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pdj Raia Enterprises Llc
Purchase Money Mortgage
$632,000
No
First
Nov 30, 2021
Dec 2022

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,654,944
N/A
0%
141%
$16,543/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,470/mo
$16,543/mo
$-14,073/mo
1.6%

City: Austin

3007 Locke Ln | Property Details | No Agent List