$1,495,000 Last Listed Price
●
House -
Off Market
3049 Locke Lane
Houston, TX 77019
3 Beds
2 Baths,
1
Half Bath
2,880 Ft²
$1,574,199
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model
About This Property
This elegant residence has been recently renovated to bring this
1937 home into the 21st Century. Oversized windows thru out the
home allow natural light to fill the interior. Breathtaking formal
living room, is situated off the entryway & is open to the den, ft.
floor to ceiling windows. Island kitchen ft. white quartz
countertops & new hardware, stainless appliances, & open to the
breakfast room w an oversized bay window. Other kitchen ft. include
bar seating, extensive storage & 6 burner gas stove. Upstairs is
the spacious primary & has a dreamy walk-in closet w incredible
storage. The primary bathroom is a retreat, double sinks & vanity
area, w an oversized tub & shower. 2 light & bright secondary
bedrooms have a shared secondary bathroom, w Kohler fixtures &
herringbone tile. Attached to the garage, is an extra room -
perfect for a gym or home detached office. Backyard ft. manicured
lawn & mature trees. The home is in close proximity to incredible
shopping & fabulous restaurants.
Unit Size
2,880 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$519
Property Type
House
Property Taxes
$1,582
HOA Dues
-
Year Built
1937
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (HAR #46977075)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 27, 2026 | Sold | ||
| Sold | |||
| Feb 20, 2026 | In contract | - | |
| In contract | |||
| Jan 16, 2026 | Listed by Compass RE Texas, LLC - Houston | $1,795,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
   | |||
|
This elegant residence has been recently renovated to bring this 1937 home into the 21st Century. Oversized windows throughout the home allow natural light to fill the interior. Breathtaking formal living room, is situated off the entryway & is open to the den, ft. floor to ceiling windows. Island kitchen ft. white quartz countertops & stainless appliances, & open to the dining room w an oversized bay window. Upstairs is the spacious primary & has a dreamy walk-in closet w incredible storage. The primary bathroom is a retreat, double sinks & vanity area, w an oversized tub & shower. 2 light & bright secondary bedrooms have a shared secondary bathroom, w Kohler fixtures & herringbone tile. Attached to the garage is an extra room - perfect for a gym or home detached office. Backyard ft. manicured lawn & mature trees. The home is in close proximity to incredible shopping & fabulous restaurants. *New gutters, windows, concrete beam, & plumbing (water & sewer)*.
| |||
| Feb 7, 2022 | Sold | ||
| Sold | |||
| Jan 5, 2022 | Listed by Compass RE Texas, LLC | $1,495,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
This elegant residence has been recently renovated to bring this 1937 home into the 21st Century. Oversized windows thru out the home allow natural light to fill the interior. Breathtaking formal living room, is situated off the entryway & is open to the den, ft. floor to ceiling windows. Island kitchen ft. white quartz countertops & new hardware, stainless appliances, & open to the breakfast room w an oversized bay window. Other kitchen ft. include bar seating, extensive storage & 6 burner gas stove. Upstairs is the spacious primary & has a dreamy walk-in closet w incredible storage. The primary bathroom is a retreat, double sinks & vanity area, w an oversized tub & shower. 2 light & bright secondary bedrooms have a shared secondary bathroom, w Kohler fixtures & herringbone tile. Attached to the garage, is an extra room - perfect for a gym or home detached office. Backyard ft. manicured lawn & mature trees. The home is in close proximity to incredible shopping & fabulous restaurants.
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Price/ft²
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
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Listed by: Mike Mahlstedt, Compass RE Texas, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 46977075
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Last Updated: 5 months ago
Data Source: HAR , MLS# 46977075
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