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$188,000

7311 Madison Commons Ln, Houston, TX, 77075

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,207 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$198 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher
FlooringCarpet, Vinyl

Building Information

Year Built2022
Garage Spaces1

Land Information

APN1451940040027
Lot Number23
Land UseResidential Single Family
Legal DescriptionLT 23 BLK 4 (IMPS ONLY) (LAND*1451940040023) FORBES CROSSING SEC 5
Census Tract333700
Assessed Improvement Value$100,650
Assessment Year2025

About this property

New Year, New Home! Treat yourself to a brand NEW Centex home! This Adams is ready now. The kitchen has 42” brown cabinets, granite and a stainless steel Whirlpool microwave, dishwasher, and 5-burner gas stove. The primary bathroom features cultured marble countertops and a large walk-in shower. This energy-efficient brand-new home has 9ft ceilings and luxury vinyl flooring. Forbes Crossing has a community park with a kid’s playground and two dog areas. We are selling our final Section. Do not miss out!

Investor Tools

Property Icon
$188,000
Estimated Property Value
$0Estimated Mortgage Balance
$188,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$201/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$100,650
2025
N/A
$100,650
$100,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$100,650

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$181,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$375/mo
+$1,347/mo
11.0%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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7311 Madison Commons Ln | Property Details | No Agent List