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$307,000

NAL Estimated Property Value

7447 Cambridge St Apt 56, Houston, TX, 77054

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths3 Bath
Baths2,256 Sq Ft
price_per_sqft$0.95 / sqft
Year BuiltBuilt in 1980

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Refrigerator
FlooringTile, Vinyl, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Tennis Court(s), Courtyard

Building Information

Year Built1980
Garage Spaces2

Land Information

APN1147400010056
SubdivisionCity Place
Land UseResidential
Legal DescriptionUNIT 56 CITY PLACE SEC 1
Census Tract314001
Assessed Land Value$80,000
Assessed Improvement Value$219,962
Assessment Year2025

About this property

This extra-spacious Med Center-area rental with a 2-car garage is the gem you've been waiting for! It was recently painted with Sherwin Williams Agreeable Gray and crisp white trim. It has been updated with LED lights, new bathroom cabinets, granite countertops, sinks, faucets, and lighting, luxury vinyl plank floors upstairs and wood laminate down. You have one 2021 HVAC system and new ducts throughout. There's a powder bath at the entry and your living room has soaring ceilings and windows galore. You will love the natural light in this unit. There is an atrium off the living/dining area, and your kitchen was remodeled a few years back with maple cabinets and Corian tops. Two large bedrooms and baths upstairs make this an ideal plan for roommates. There's space for a cloffice in the hallway upstairs too. You get a manned gate, pool, tennis courts and a fabulous location across from the UT Dental College. No Pets and No Smoking, Please. Photos are from 6/2021. Showings begin 6/1/22.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$680/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,622
$299,962
2025
$80,000
$219,962
$299,962
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,622
$299,962

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Conventional
$175,200
No
First
May 14, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$158,465
$141,497
47%
52%
$1,051/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
$1,051/mo
+$619/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 Apt 56 | Property Details | No Agent List