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$227,340

7447 Cambridge St Apt 31, Houston, TX, 77054

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths1,181 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$207.37 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Electric Cooktop, Electric Range, Refrigerator, Dishwasher, Washer/Dryer
FlooringCarpet, Laminate, Tile

Building Information

Year Built1980
Stories2
Garage Spaces2

Land Information

APN1147400010031
SubdivisionCity Place
Land UseResidential
Legal DescriptionUNIT 31 CITY PLACE SEC 1
Census Tract314001
Assessed Land Value$80,000
Assessed Improvement Value$147,340
Assessment Year2025

About this property

This charming 1BR/1.5BA townhome, is privately situated in a quiet & well-maintained community w/ great access to the Texas Medical Center, Rice University, & the Museum District. Upon entry, a spacious open concept living/dining area greets you & features hard surface floors, mock fireplace, & access to a private front courtyard. The updated kitchen features neutral finishes, granite counters, glass subway tile backsplash, a pass-through window, & SS appliances. The 2nd floor includes a spacious landing area that can be used as a home office or workout space. The oversized primary bedroom features great natural light, carpet floors, & two walk-in closets. The updated primary bath features neutral tile floors, dual sinks, & a large walk-in shower. Other features include a large storage closet located off the landing area, a two-car attached garage, community pool and tennis, & much more. Located near many of Houston’s best restaurants, bars, & shopping, this home will not disappoint.

Investor Tools

Property Icon
$227,340
Estimated Property Value
$0Estimated Mortgage Balance
$227,340Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,469 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$510/month
$541/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,989
$227,340
2025
$80,000
$147,340
$227,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,989
$227,340

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$227,340
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,400/mo
$541/mo
+$859/mo
7.4%

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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7447 Cambridge St Apt 31 | Property Details | No Agent List