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$267,000

NAL Estimated Property Value

6742 Madrid St, Houston, TX, 77021

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths3,648 Sq Ft
price_per_sqft$136.79 / sqft
Year BuiltBuilt in 2025

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,001 sqft

Building Information

Year Built1955
Stories1

Land Information

APN0572770100015
Lot Number15
SubdivisionGrand Park
Land UseResidential
Legal DescriptionLT 15 BLK 10 GRAND PARK
Census Tract313500
Assessed Land Value$85,000
Assessed Improvement Value$100,484
Assessment Year2025

About this property

Check out this two-story NEW CONSTRUCTION DUPLEX!!! This brand-new duplex has is stories with three bedrooms, and two and a half bathrooms. 1,824 SF for each unit, as well as 1 car garage for each unit, and a balcony and private entrance. Open concept home with all luxury vinyl plank flooring throughout the unit. Master bedroom has its own walk-in closet! Fully fenced property. Special treatment in the junctions to mitigate and reduce fire from spreading, and special firewall in between first and second floor for extra protection, acoustic padding to minimize sound from first floor to second, and these poxy in the junctions to minimize the spreading of any fire. NO HOA. Minutes away from downtown, access and quick routes to the Texas Medical Center, University of Houston, and NRG Stadium.

Investor Tools

Property Icon
$267,000
Estimated Property Value
$387,686Estimated Mortgage Balance
$267,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$435/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,881
$185,484
2025
$85,000
$100,484
$185,484
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,881
$185,484

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Investor Mortgage Finance Llc
Conventional
$389,250
No
First
Jan 27, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$387,686
N/A
0%
145%
$2,332/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$2,332/mo
$-1,025/mo
5.9%

City: Houston

6742 Madrid St | Property Details | No Agent List