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$1,492,000

3734 Locke Ln, Houston, TX, 77027

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,756 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$435.05 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size11,082 sqft

Building Information

Year Built1949
Stories1

Land Information

APN0731340100002
SubdivisionRoyden Oaks
Land UseResidential
Legal DescriptionTRS 2 & 10A BLK 1 ROYDEN OAKS SEC 3
Census Tract411400
Assessed Land Value$1,110,510
Assessed Improvement Value$324,501
Assessment Year2025

About this property

Nestled at the end of a quiet cul-de-sac and surrounded by trees, 3734 Locke Lane enjoys a wonderful Royden Oaks location. Inner-city location close to many schools including River Oaks Elementary, Lamar, St. John’s and River Oaks Baptist. This one-story home sits on a 11,080 sq. ft lot. The entry opens into the living and dining rooms with hardwood floors. A paneled study with a fireplace is located off the living room. The kitchen is well appointed with stainless appliances and granite counters. The family room overlooks the backyard and pool. Parking court has a covered entry to house. Pool/Hobby room with built-ins. The primary bedroom with his and her baths and walk in closets has pool and patio views. The second bedroom has front yard views. The private backyard features a large patio and sparkling pool and spa. A storage building provides lots of shelving and has a second level for additional storage needs. A fine home and setting.

Investor Tools

Property Icon
$1,492,000
Estimated Property Value
$660,000Estimated Mortgage Balance
$846,601Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,952 /month
Positive
Cash Flow Estimate:
$2,984 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,195/month
$1,650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,885
$1,435,011
2025
$1,110,510
$324,501
$1,435,011
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,885
$1,435,011

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Loan Star Inc
Conventional
$660,000
No
First
Feb 20, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$645,399
$925,601
58%
43%
$3,958/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$5,608/mo
$-3,028/mo
2.1%

Learn About the Market: Opportunity in Houston

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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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3734 Locke Ln | Property Details | No Agent List