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$349,000

6808 Madrid Street, Houston, TX, 77021

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths4 Bath
Baths1,921 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.68 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Engineered Wood, Tile

Exterior

Lot Size2,500 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN0572840260003
Lot Number3
Land UseResidential Single Family
Legal DescriptionLT 3 BLK 1 GRAND PARK 2ND PAR R/P
Census Tract313500
Assessed Land Value$54,188
Assessed Improvement Value$188,310
Assessment Year2025

About this property

Ideally located just minutes from the Medical Center, Downtown, & the Museum District, this stunning -story NEW CONSTRUCTION offers the perfect blend of style, comfort, & convenience—with no HOA, PERFECT FOR AIRBNB INVESTORS! Step inside to an open-concept floor plan designed for modern living and effortless entertaining. The main level features expansive windows that flood the home with natural light. The kitchen showcases stainless steel appliances, & ample workspace for cooking. Upstairs, a versatile family room provides additional living space for relaxation, work, or play. The primary suite features an oversized walk-in closet & a spa-inspired en-suite bath complete with a soaking tub, & frameless glass shower. One secondary bedroom is conveniently located near a full bath, while another bedroom enjoys the privacy of its own en-suite bathroom. Additional highlights include a private driveway, & a fully fenced backyard, perfect for outdoor entertaining & pets.

Investor Tools

$0Estimated Mortgage Balance
$355,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month

Interested in this property?

Patricia Tello

Keller Williams Realty Metropolitan

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$242/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,134
$242,498
2025
$54,188
$188,310
$242,498
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,134
$242,498

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$355,000
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
5.8%

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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6808 Madrid Street | Property Details | No Agent List