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$435,000

NAL Estimated Property Value

6743 Madrid St, Houston, TX, 77021

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size5,001 sqft

Land Information

APN0572770090011
Lot Number11
SubdivisionGrand Park
Land UseResidential
Legal DescriptionLT 11 BLK 9 GRAND PARK
Census Tract313500
Assessed Land Value$85,000
Assessment Year2025

About this property

Prime Builder & Investor Opportunity! Rare 2,500 sq. ft. lot, already replatted, with city-approved designs and permits for a duplex — ready for immediate construction. Each unit features 3 bedrooms and 2 bathrooms. Perfect for an investor or a house hacker: live in one unit and rent out the other. Ideally located in a highly sought-after area near the world-renowned Texas Medical Center, Houston Zoo, University of Houston, and Downtown Houston. Surrounded by abundant new construction, this property offers excellent resale potential, with duplexes in the area selling between $550K and $650K. A turnkey development opportunity — start building right away! Don’t miss out — this lot will sell fast!

Investor Tools

Property Icon
$435,000
Estimated Property Value
$0Estimated Mortgage Balance
$435,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,610 /month
Positive
Cash Flow Estimate:
$870 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$403/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,656
$85,000
2025
$85,000
N/A
$85,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,656
$85,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$435,000
100%
0%
$0/mo

City: Houston

6743 Madrid St | Property Details | No Agent List