Updated Dec 21, 2023
Martha Turner Sotheby's Brokers $1.9M Sale Of Houston Single-Family Home On Locke Lane
3214 Locke Lane, Houston, TX, USA
$1,925,000
$546/SF
Building Size
3,524 SF
Asset Type
Single Family Residence
Closing
Oct 1, 2020
About this deal
AI
A single-family home located at 3214 Locke Lane in Houston has been sold for $1,925,000. The property spans across 3,524 square feet, offering ample space for the new owners. This transaction took place on October 2, 2020, as indicated by the date.
Summary of transaction details
- Property Type: Single-Family
- Transaction Amount: $1,925,000
- Address: 3214 Locke Lane
- Market: Houston
Martha Adger of Martha Turner Sotheby's was the broker responsible for this sale. Her expertise and guidance ensured a successful transaction for all parties involved.
Houston Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.24%
Cash-on-Cash
-2.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93