Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View
A
NoAgentList RatingHow are grades calculated?Info

$770,000

NAL Estimated Property Value

6242 Locke Lane, Houston, TX, 77057

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,841 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$344.92 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size7,018 sqft

Building Information

Year Built1955
Stories1
Garage Spaces2

Land Information

APN0811560000046
Lot Number46
SubdivisionBriargrove
Land UseResidential
Legal DescriptionLT 46 BLK 4 BRIARGROVE SEC 1
Census Tract431302
Assessed Land Value$611,882
Assessed Improvement Value$158,118
Assessment Year2025

About this property

Exceptional 3-bedroom, 2 bath home on quiet lot in Houston’s coveted Briargrove neighborhood. The large covered front porch and gorgeous landscaping makes for a grand and warm welcome into the home. This rare gem has been completely renovated and updated. The open floor plan features a kitchen with granite countertops and soft-close drawers and cabinets. Exquisite hardwood flooring, recessed lighting and crown-molding can be found throughout. The backyard is beautifully landscaped with a stone-paved, covered patio. The feel of the house is classy but comfortable, high end but livable. Conveniently located and in close proximity to the Galleria, 610 and I-10. Zoned to one of Houston’s top-rated middle schools. A must see!

Investor Tools

Property Icon
$770,000
Estimated Property Value
$451,467Estimated Mortgage Balance
$318,533Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,620 /month
Positive
Cash Flow Estimate:
$1,540 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,172/month
$1,210/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,215
$770,000
2025
$611,882
$158,118
$770,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,215
$770,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Origin Bank
Conventional
$488,000
No
First
May 18, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$451,467
$318,533
41%
59%
$2,926/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$4,136/mo
$-2,106/mo
3.2%

Learn About the Market: Opportunity in Houston

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

6242 Locke Lane | Property Details | No Agent List