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$125,000

5118 Nassau Road, Houston, TX, 77021

On MarketInfo
Baths0 Bath
Baths1,148 Sq Ft

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating

Exterior

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

Interested in this property?

Tonia Nicholas

Keller Williams Realty Southwest

ContactContact

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Financing 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%

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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5118 Nassau Road | Property Details | No Agent List