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3202 Locke LN
Austin, TX, 78704
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$595,000
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Exceptional Investment Opportunity in Coveted 78704. Nestled between two quiet residential streets in one of Austin’s most desirable zip codes, this unique property offers incredible potential for redevelopment or a creative remodel. The pie-shaped lot spans 11,541.58 sq ft (.265 acres) and features dual street access—fronting a peaceful semi-cul-de-sac off Locke Ln and backing onto the tranquil residential stretch of Barton Skyway. The existing home is ready for a full renovation and offers a solid foundation for a visionary upgrade. Surrounded by new construction and upscale developments, this lot presents a rare opportunity to create a custom residence or high-end investment property in a rapidly appreciating neighborhood. With its generous size, flexible layout potential, and ideal location, this property is a standout for builders, investors, or anyone looking to design their dream home in the heart of 78704.
Property Type
Residential
Year Built
1963
Lot Size
0.27 acres
$/Sq Ft
$636
Garage
4 spaces
Listed by Compass RE Texas, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
3202 Locke LN is listed at $595,000 with 3 bedrooms, 1 full bathrooms, 936 square feet, 0.27-acre lot.
3202 Locke LN is zoned for Austin ISD with assigned schools: Dawson (2/10) (elementary), Lively (6/10) (middle), Travis (high). School assignments should be verified directly with the district.
3202 Locke LN is a Residential built in 1963 featuring 3 bedrooms, 1 full bathrooms, 936 square feet, 0.27-acre lot.
3202 Locke LN is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 3202 Locke LN is $11,694. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Comparable homes that recently closed in this area
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-25.1% | — | $613,585 | — | — |
2024-0.4% | — | $819,630 | $495,000 | $187,213 |
2023+71.4% | — | $823,118 | $495,000 | $324,630 |
2022+14.1% | — | $480,361 | $495,000 | $328,118 |
2021 | — | $420,927 | $330,000 | $150,361 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($119K)
$595,000
Luxury property intelligence
A sourced read on Garden Oaks Sec 02 pricing, timing, and property scale. No automated valuation claim.
List price
$595,000
Price per sqft
$636/sqft
Vs. Garden Oaks Sec 02 median
Not available
Days on market
409 days
Original to current
No verified reduction
$595K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($119,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 3202 Locke LN is around $4,062 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $595,000, 3202 Locke LN is in the Garden Oaks Sec 02 market where there are currently 175 active listings in 78704. The Keenan Group has completed 46 transactions in 78704 as part of 1,000+ career sales totaling $1B+ across Austin.
3202 Locke LN was built in 1963 (63 years ago). Buyers should budget for potential updates to major systems.
3202 Locke LN includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
7 events on record
Current Price
$595,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-25.1% | — | $613,585 | — | — |
2024-0.4% | — | $819,630 | $495,000 | $187,213 |
2023+71.4% | — | $823,118 | $495,000 | $324,630 |
2022+14.1% | — | $480,361 | $495,000 | $328,118 |
2021 | — | $420,927 | $330,000 | $150,361 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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