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$1,070,000

5032 Madalyn Ln, Houston, TX, 77021

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,683 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$290.52 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringTile, Vinyl

Exterior

Lot Size20,499 sqft

Building Information

Year Built1953
Stories1
Garage Spaces2

Land Information

APN0611390300013
Lot Number8,9
SubdivisionRiverside Terrace
Land UseResidential
Legal DescriptionLTS 8 & 9 BLK 95 RIVERSIDE TERRACE SEC 22
Census Tract313300
Assessed Land Value$310,500
Assessed Improvement Value$143,796
Assessment Year2025

About this property

Welcome to this beautifully remodeled 1-story home featuring 5 bedrooms, 4 bathrooms, over 3,600 sqft of living space, and an expansive 20,000 sqft lot—with no HOA! This impressive home offers two kitchens and numerous upgrades, including new vinyl and tile flooring, fresh paint, new doors, windows, updated plumbing & lighting fixtures, new water heaters. The beautifully renovated main kitchen features new cabinets, quartz countertops, and stainless-steel appliances. All bathrooms have been remodeled with stylish, modern finishes. A new electric fireplace adds warmth and character to the spacious living area. Outside, enjoy a new driveway, wood fence, automatic security gate, and large covered patio overlooking the expansive backyard—perfect for entertaining, relaxing. Easy access to Texas Medical Center, Museum District, leading universities, this exceptional property combines modern upgrades, generous living space, and an unbeatable location in a well-established neighborhood.

Investor Tools

$245,276Estimated Mortgage Balance
$209,020Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,420 /month
Positive
Cash Flow Estimate:
$2,140 /month

Interested in this property?

Tai Dinh

Keller Williams Signature

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$981/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,506
$454,296
2025
$310,500
$143,796
$454,296
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,506
$454,296

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Khiet Thanh Nguyen Etux
Balloon
$252,000
No
First
Feb 25, 2025
Mar 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,276
$209,020
46%
54%
$1,511/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,511/mo
+$715/mo
5.9%

Learn About the Market: Opportunity in Houston

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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

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5032 Madalyn Ln | Property Details | No Agent List