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$260,442

NAL Estimated Property Value

7447 Cambridge ST 118, Houston, TX, 77054

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths1,181 Sq Ft
price_per_sqft$126.93 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Free-Standing Range, Refrigerator, Self Cleaning Oven, Washer
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool

Building Information

Year Built1980
Stories2
Garage Spaces2

Land Information

APN1147400010118
SubdivisionCity Place
Land UseResidential
Legal DescriptionUNIT 118 CITY PLACE SEC 1
Census Tract314001
Assessed Land Value$80,000
Assessed Improvement Value$180,442
Assessment Year2025

About this property

Reduced $10K+. Houston MedCenter stunning, private, safe, updated 2-Story Townhome. Prestigious guard-gated City Place Community. 1-bedroom plus study, 1.5 bath, 2-car garage. Hardwoods, granite. Large private patio. Community tennis, racquetball courts, swimming pool, spa and clubhouse. Debakey Veteran’s Medical Center across street. Walk to Medical Center, Hermann Park, Museum District, Zoo, Golf, Trails. 30 day notice to tenant. Great demographics. 0.1 MI to Med Center bus stop & bank. 0.2 MI to KrogerRestrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$260,442
Estimated Property Value
$104,301Estimated Mortgage Balance
$156,141Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,563 /month
Positive
Cash Flow Estimate:
$521 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$585/month
$399/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,720
$260,442
2025
$80,000
$180,442
$260,442
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,720
$260,442

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wr Starkey Mortgage Llp
Conventional
$142,500
No
First
Apr 16, 2014
May 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$104,301
$156,141
59%
40%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,400/mo
$399/mo
+$1,001/mo
6.5%

Learn About the Market: Opportunity in Houston

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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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7447 Cambridge ST 118 | Property Details | No Agent List