5854 Madrid Court
Palmdale, CA, 93552
(No pictures available yet)
$500,000
MLS: SR26101261
Beds
4
Baths
2
Sq Ft
1,560
Lot
0.15 ac
Year Built
1994
MLS #
SR26101261
Days on Market
4
Listed
May 8, 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 and an additional living room. 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 2 car garage has direct access to the house. In the backyard you'll notice a patio cover to enjoy the outdoors.
Location
Palmdale, Los Angeles County, CA 93552
Open on Google Maps ↗Listed by: Jose Alonso · RE/MAX Gateway
Payment estimate
$3,856
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $50,000 · Loan: $450,000
- Principal & Interest
- $2,847
- 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 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
Palmdale, CA in context
Palmdale runs the gamut from the foothill estates of West Palmdale (93551) — Rancho Vista, Anaverde, and the desirable hill-side communities — to the value-priced newer construction of East Palmdale (93552). Central Palmdale (93550) covers the original part of the city and the Civic Center, and 93591 picks up the Llano border. Active listings across all four ZIPs are below. If you are evaluating homes in Palmdale, Mike Watson lives and works the Palmdale market every day. He pairs this listing with a free market analysis for your specific street, an honest read on the financing options that fit (FHA, VA, USDA, CalHFA, conventional, and assumable when the loan supports it), and a side-by-side compare against the rest of the active inventory in the area.
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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