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Owner Contacts

$2,728,000

NAL Estimated Property Value

3214 Locke Ln, Houston, TX, 77019

Off Market

5 Beds

5 Bath

3,436 Sq Ft

Single Family Residence

$750.87 / sqft

Built in 1940

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator

FlooringSlate, Tile, Wood

Exterior

Lot Size8,124 sqft

Building Information

Year Built1940

Garage Spaces2

Land Information

APN0601480230022

Lot Number22

SubdivisionRiver Oaks

Land UseResidential

Legal DescriptionLT 22 BLK 23 RIVER OAKS SEC 4

Census Tract411400

Assessed Land Value$1,543,750

Assessed Improvement Value$756,250

Assessment Year2025

About this property

An exquisite Colonial Revival which underwent a comprehensive renovation this year. Registered as a City of Houston Landmark, this timeless River Oaks gem boasts 5 bedrooms, 4 full bathrooms and 1 half bath, and a two-car garage with added bonus room that would serve as a guest suite, gym or study. Interior features include an expansive Chef’s kitchen with top-of-the-line stainless steel appliances, a light-filled sunroom, formal dining and living rooms, a cozy gas log fireplace and sleek hardwood flooring throughout. An impeccably manicured lush green space sits adjacent to the exterior patio which is adorned with intricate slate tile flooring. This classic River Oaks jewel won't last long!

Investor Tools

$2,728,000

Estimated Property Value

$0Estimated Mortgage Balance

$2,728,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$16,368 /month

Positive

Cash Flow Estimate:

$5,456 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$5,048/month

$2,745/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$46,940

$2,300,000

2025

$1,543,750

$756,250

$2,300,000

Tax History

Year

Tax Paid

Assessed Value

2024

$46,940

$2,300,000

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$2,580,000

100%

$0/mo

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