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$3,534,000

3208 Locke Ln, Houston, TX, 77019

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,238 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$666.59 / sqft
Year BuiltBuilt in 1986

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, Microwave, Electric Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Marble, Wood

Exterior

Lot Size8,124 sqft

Building Information

Year Built1986
Stories2
Garage Spaces2

Land Information

APN0601480230021
Lot Number21
SubdivisionRiver Oaks
Land UseResidential
Legal DescriptionLT 21 BLK 23 RIVER OAKS SEC 4
Census Tract411400
Assessed Land Value$1,543,750
Assessed Improvement Value$1,650,665
Assessment Year2025

About this property

This sophisticated and elegant brick River Oaks home with a gracious and functional floorplan has been extensively updated by the current owners. The arched front door opens into the formal entry with stairs to the second level and access to all living areas. The living room with a fireplace and paneled wet bar access is opposite the formal dining room with Butler’s Pantry access. The family room, with a fireplace, built-ins and views and access to the back yard, is open to the breakfast room and the island kitchen. The kitchen is light and bright with recent appliances and slab marble counters and backsplash. The utility room off the kitchen has a built-in wine cooler and silver closet. Upstairs to primary bedroom suite and a study with built-ins. Three additional bedrooms up. All baths in house have been recently updated. Detached two car garage with stairs to home office/guest house above. Fenced backyard with grass and a covered loggia with a fireplace. A fine home.

Investor Tools

Property Icon
$3,534,000
Estimated Property Value
$0Estimated Mortgage Balance
$3,534,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$21,204 /month
Positive
Cash Flow Estimate:
$7,068 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,370/month
$2,213/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$34,767
$3,194,415
2025
$1,543,750
$1,650,665
$3,194,415
No

Tax History

Year
Tax Paid
Assessed Value
2024
$34,767
$3,194,415

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$3,223,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,213/mo
+$1,127/mo
1.1%

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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3208 Locke Ln | Property Details | No Agent List