5854 Madrid Court
Palmdale, CA, 93552
$500,000
MLS: 26003747
Beds
3
Baths
2
Sq Ft
1,560
Lot
0.15 ac
Year Built
1994
MLS #
26003747
Days on Market
0
Listed
May 9, 2026
Description
***Attention Buyers this property qualifies for Grants up to $20,000 and Zero Percent Down payment programs*** Great opportunity to purchase a single-story, single-family home, with no HOA and no Mello Roos tax bonds! This beautiful home features: an open floor plan with the living room and the dining room in one open space. A kitchen that opens to the family room with cozy fireplace. A primary suite bedroom and bathroom, the bathroom features a dual vanity and sinks, and a privacy door leading to the shower/tub combo, and a walk-in closet for great storage space. The laundry area is conveniently located inside the house, adjacent to the 2 car garage with direct access to the house. In the backyard you'll notice a patio cover, and a good size yard that can potentially fit a swimming pool or an ADU (buyer to verify).
Location
Palmdale, Los Angeles County, CA 93552
Open on Google Maps ↗Listed by: Michelle Ira-Alonso · Re/Max Gateway
Payment estimate
$3,814
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $50,000 · Loan: $450,000
- Principal & Interest
- $2,806
- Property tax (1.25%)
- $521
- Homeowners insurance
- $300
- Mortgage insurance
- $188
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of May 7, 2026
- 30-year fixed
- 6.37%
- 15-year fixed
- 5.72%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Palmdale home with as little as 3.5% down using an FHA loan — roughly $17,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Palmdale, CA 93552 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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