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$238,000

8506 Mcdade Street, Houston, TX, 77080

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,172 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.07 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central

Exterior

Lot Size6,573 sqft

Building Information

Year Built1957
Stories1
Garage Spaces3

Land Information

APN0841510000490
Lot Number490
SubdivisionLangwood
Land UseResidential
Legal DescriptionLT 490 BLK 19 LANGWOOD SEC 2
Census Tract521300
Assessed Land Value$124,887
Assessed Improvement Value$101,354
Assessment Year2025

About this property

LOT VALUE ONLY – SPRING BRANCH LOCATION! This property is being sold for lot value only. While there is a 3-bedroom, 1-bath home on site, it will require a full renovation, tear down and build new or take on a renovation project. No lockbox, all showings must be accompanied & ONLY AFTER THERE IS A SIGNED CONTRACT. Selling as is, no repairs by Seller. Drive by only.

Investor Tools

Property Icon
$261,000
Estimated Property Value
$0Estimated Mortgage Balance
$261,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,566 /month
Positive
Cash Flow Estimate:
$522 /month

Interested in this property?

Sean Namli

Dr. Sean Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$109/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$226,241
2025
$124,887
$101,354
$226,241
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$226,241

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$261,000
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
7.9%

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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8506 Mcdade Street | Property Details | No Agent List