Last 24 Hours
$125,000
5118 Nassau Road, Houston, TX, 77021
On Market
3 Beds
1 Bath
1,148 Sq FtHighlights
Interior
Bedrooms 3
Bathrooms Full 1
Garage Available
HeatingExterior
Lot Size6,364 sqft
Building Information
Year Built1950
Stories1
Garage Spaces2
Land Information
APN0760960070005
Lot Number5
SubdivisionMacgregor Place
Land UseResidential
Legal DescriptionLT 5 BLK 7 MACGREGOR PLACE SEC 2
Census Tract313300
Assessed Land Value$91,798
Assessed Improvement Value$29,096
Assessment Year2025
About this property
Rare lot in MacGregor Park with endless potential! Perfectly located near Texas Medical Center, Hermann Park, and Downtown Houston, this spacious, level lot is ready for your dream home or investment project. Surrounded by mature trees and a quiet, established neighborhood, it offers easy access to major highways, parks, schools, and local amenities. A prime opportunity to build in one of Houston’s most desirable areas.
Investor Tools
$0Estimated Mortgage Balance
$124,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$750 /month
Positive
Cash Flow Estimate:
$250 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$52/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$120,894
2025
$91,798
$29,096
$120,894
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$120,894
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$124,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
16.7%
12.4%