Last 24 Hours
$657,000
NAL Estimated Property Value3200 Locke Ln, Austin, TX, 78704
Off Market
3 Beds
2 Bath
1,236 Sq Ft
$667.48 / sqft
Built in 1962Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Bedrooms 3
Bathrooms Full 1AppliancesGas Range
FlooringCarpet, Tile
Exterior
Exterior FeaturesRain Gutters
Lot Size9,466 sqft
Building Information
Year Built1962
Stories1
Roof Type105
Land Information
APN04050610010000
Lot Number1
SubdivisionGarden Oaks Sec 2
Land UseResidential
Legal DescriptionLOT 1 BLK K GARDEN OAKS SEC 2
Census Tract001307
Assessed Land Value$407,489
Assessed Improvement Value$130,705
Assessment Year2025
About this property
Great opportunity to own in the hottest zip code in South Austin! This home sits on a large flat corner lot and can be accessed from Locke Ln and also from Barton Skyway. Outstanding opportunity for an investor or builder. Great location, less than 5 miles to downtown, Zilker Park, and Town Lake. Less than 10 miles to the airport. Definitely a must see!
Investor Tools
$657,000
Estimated Property Value
$800,552Estimated Mortgage Balance
$657,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,950 /month
Positive
Cash Flow Estimate:
$1,650 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,257/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,796
$538,194
2025
$407,489
$130,705
$538,194
No
Tax History
Year
Tax Paid
Assessed Value
2024
$11,796
$538,194
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
R Bank
Stand Alone Second / Subordinate Position
$880,000
No
First
Jul 13, 2021
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$800,552
N/A
0%
122%
$5,277/mo
12.4%