23
Map
$2,595,000
●
House -
For Sale
3071 Locke Lane
Houston, TX 77019
5 Beds
3 Baths,
2
Half Baths
3,526 Ft²
$16,648
Est. Monthly
$133
HOA / Fees
About This Property
Discover the opportunity to own in the prestigious River Oaks area
at an exceptional value. Situated on a desirable corner lot, 3071
Locke Lane presents the perfect canvas to renovate, reimagine, or
personalize a home in one of Houston's most sought-after
neighborhoods. Surrounded by luxury new construction and
beautifully renovated residences, this property is ideal for buyers
seeking an established community with tremendous long-term upside.
The existing home offers solid potential while providing access to
premier shopping, River Oaks District, Highland Village, Uptown,
the Galleria, world-class dining, parks, and Houston's top private
schools. Whether you're looking to establish roots or a buyer
searching for a value-add opportunity in a premier location, this
is a rare chance to create your vision in one of Houston's most
desirable neighborhoods.
Unit Size
3,526 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$736
Property Type
House
Property Taxes
$3,772
HOA Dues
$133
Year Built
1940
Listed By
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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: 4 days ago (HAR #57165450)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 3, 2026 | Listed by Nan & Company Properties - Corporate Office (Heights) | $2,595,000 | |
| Listed by Nan & Company Properties - Corporate Office (Heights) | |||
| Jun 22, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 3, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 2, 2026 | Listed by Compass RE Texas, LLC - Houston | $2,695,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
 | |||
|
Located in a prime location in Avalon Place, 3071 Locke Lane offers an exceptional opportunity to enjoy one of Houston’s most desirable neighborhoods. Upon entry, you are welcomed by an open floor plan where the living room and island kitchen flow seamlessly into a sunroom spanning the back of the home, creating a light-filled space ideal for everyday living and entertaining. A dedicated dining room provides the perfect setting for gatherings.
A first-floor primary suite offers comfort and convenience, while upstairs you’ll find four additional bedrooms and two full baths with a powder bath. A separate ground-level guest room with a full bath provides flexible space for guests, a home office, or a gym. Situated on a desirable Locke Lane address, this property offers an excellent opportunity to enjoy the existing home or build the dream home you’ve always envisioned. Conveniently located just blocks from Houston’s premier dining, shopping, and everyday amenities.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: No Garage, Garage Door Opener
Garage Spaces: 1
Interior Details
Half Bathrooms: 2
Full Bathrooms: 3
Interior Features: En-Suite Bath, Primary Bed - 1st Floor, Walk-In Closet(s)
Appliances: Disposal, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer Included, Washer Included
Flooring Type: Laminate, Tile
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Has Fireplace
Fireplace Features: Wood Burning
Fireplaces: 2
Exterior Details
Square Footage: 3526
Architectural Style: Traditional
Year Built: 1940
Building Area Total: 3526
Other Structures: Detached Gar Apt /Quarters
Construction Materials: Stone
Lot Features: Back Yard, Corner Lot, Subdivided, 0 Up To 1/4 Acre
Lot Size Area: 0.2344
Lot Size Units: Acres
Lot Size Acres: 0.2344
Lot Size Square Feet: 10210
Water Source: Public
Financial Details
Tax Annual Amount: $45,268
Utilities Details
Cooling Type: Ceiling Fan(s), Electric, Window Unit(s), Zoned
Heating Type: Electric, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Security, Garbage Service
HOA Fee: $1,600
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Central Houston
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Listed by: Nancy Almodovar, Nan & Company Properties - Corporate Office (Heights)
Last Updated: 4 days ago
Data Source: HAR , MLS# 57165450
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Last Updated: 4 days ago
Data Source: HAR , MLS# 57165450
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