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$3,379,000

NAL Estimated Property Value

3229 Locke Ln, Houston, TX, 77019

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,260 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$632.63 / sqft
Year BuiltBuilt in 1936

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Private PoolPrivate Pool
Lot Size8,255 sqft

Building Information

Year Built1936
Stories2
Garage Spaces2

Land Information

APN0601480240004
Lot Number4
SubdivisionRiver Oaks
Land UseResidential
Legal DescriptionLT 4 BLK 24 RIVER OAKS SEC 4
Census Tract411400
Assessed Land Value$1,568,450
Assessed Improvement Value$1,123,307
Assessment Year2025

About this property

This extensively remodeled home in River Oaks is both sophisticated and timeless with walkability to Houston's finest restaurants and shops. First floor features formals, guest suite and an impressive den with doors overlooking the backyard and new pool. No expense was spared in the chef's kitchen which opens to the large den. Only the finest materials were selected including designer lighting & hardware, impressive marbles & tiles. The 2nd floor features 4 additional bedrooms including the primary suite offers high-ceilings, expansive spa-like bath & an impressive, boutique style closet. The brand new pool with spa is surrounded by stunning landscaping including turf around the pool and rows of Holly trees - creating a beautiful privacy hedge. A detached studio or guest quarters is just off the pool. The indoor/outdoor flow is perfect for entertaining. This is an incredible opportunity to get into this special pocket of River Oaks.

Investor Tools

Property Icon
$3,379,000
Estimated Property Value
$0Estimated Mortgage Balance
$3,379,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$20,274 /month
Positive
Cash Flow Estimate:
$6,758 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,667/month
$1,850/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$39,108
$2,691,757
2025
$1,568,450
$1,123,307
$2,691,757
No

Tax History

Year
Tax Paid
Assessed Value
2024
$39,108
$2,691,757

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,988,000
100%
0%
$0/mo

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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3229 Locke Ln | Property Details | No Agent List